Economy

Rahm Redux: Top Banker for Obama Chief of Staff

Rahm Redux: Top Banker for Obama Chief of Staff Rahm Redux: Top Banker for Obama Chief of Staff

Bill Daley's appointment for White House chief of staff is another indication of Wall Street's sway over the Obama Administration.

Jan 5, 2011 / The Notion / Ari Berman

Lanny Davis Puts Dems to Shame Lanny Davis Puts Dems to Shame

The value of the Davis example, as with the parade of Wall Street hustlers so prominent among the Clintonistas, is that his greed has broken his cover.

Jan 5, 2011 / Robert Scheer

Trading Jobs for More of the Same Trading Jobs for More of the Same

The Clinton years analogies have been coming fast and furious since the midterm elections and Obama's self-described “shellacking.”  But today's administration see...

Jan 4, 2011 / The Notion / Laura Flanders

Public Workers Getting Snowed Public Workers Getting Snowed

The snow is mostly melted after a near-record storm immobilized much of New York for nearly four days last week. But before non-New Yorkers gloat -- beware -- the Big Apple's storm...

Jan 3, 2011 / The Notion / Laura Flanders

An Answer to 2011’s Austerity Arguments: ‘We Won’t Pay For Their Crisis’ An Answer to 2011’s Austerity Arguments: ‘We Won’t Pay For Their Crisis’

First, Washington squandered tax dollars on unnecessary wars. Next, Washington bailed out the big banks. Now, the battlelines of 2011 are drawn. President Obama's "Deficit Com...

Jan 3, 2011 / Blog / John Nichols

Slide Show: CEO Bonus Season Is Here

Slide Show: CEO Bonus Season Is Here Slide Show: CEO Bonus Season Is Here

CEO bonus season is approaching, and despite a 9.8 percent unemployment rate, record-breaking poverty figures and more than 1 million expected foreclosures, top executives are raking in breathtaking sums—even while laying off hundreds of employees. According to a report from the Institute for Policy Studies, CEO compensation reached record levels in 2009, and the companies who laid off the most employees reaped around 42 percent greater total compensation than the average S&P 500 company executive.

Dec 30, 2010 / Photo Essay / The Nation

In Money-Changers We Trust In Money-Changers We Trust

Two years into the Obama presidency, with the economic data looking grim, the revolving platinum door linking the White House with Wall Street keeps swinging.

Dec 29, 2010 / Robert Scheer

Dick Cheney’s $250-Million ‘Get Out of Jail Free’ Card Dick Cheney’s $250-Million ‘Get Out of Jail Free’ Card

The "under-the-table settlement" draws condemnation in Nigeria, where a leading newspaper says: "Only a painstaking trial and possible conviction, if found guilty, w...

Dec 27, 2010 / Blog / John Nichols

Iceberg Economies and Shadow Selves Iceberg Economies and Shadow Selves

There exists amidst corporate abuses and political neglect a shadow government of kindness, made up of those who dedicate themselves to their ideals and act on their solidarities.

Dec 22, 2010 / Rebecca Solnit

Mobilizing the Jobless

Mobilizing the Jobless Mobilizing the Jobless

More than 26 million Americans don't have enough work, while robber-baron CEOs report record profits. So why aren't the unemployed on the march?

Dec 22, 2010 / Editorial / Frances Fox Piven

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