As Elizabeth Warren’s devastating Congressional report reveals, the Federal Reserve used taxpayer money to bail out the insurance giant, instead of forcing the major banks to clean up the mess they helped create.
The Iraq War was never really about weapons of mass destruction, and the fight against the deficit is not actually about fiscal responsibility. It's a shell game for gutting the welfare state and redistributing wealth upward.
At this point, the only way the economy is going to turn around is if Obama's economic hotshots grant professionally damaging interviews to journalists who won't paper over their mistakes. Perhaps then the president would have the gumption to fire the misleaders of his economic team.
Failure to extend unemployment benefits is a problem created by both the GOP and the democratic Congress, Laura Flanders and Tim Carney explain on The Ed Show, guest hosted by Christopher Hayes
This is not the end of reform; it's the beginning of a promising struggle to cut the financial sector down to tolerable dimensions and reduced power.
And what to do about it. A Nation forum, featuring Robert Reich, Dean Baker, Katherine Newman, David Pedulla, Orlando Patterson, Jeff Madrick and Matt Yglesias.
Developing policy solutions to reduce inequality is not difficult. Mustering political will to enact them is.
The distribution of damage done by the Great Recession is not equal. African-Americans, men and low-skilled workers have been hardest hit.
Addressing wage stagnation should be the country's top priority.
Peace has descended on the most contentious point of conflict between East and West for the past six decades, the standoff between Taiwan and mainland China—but don’t expect the folks at the Pentagon or their military contractors to celebrate.