As of now we are stuck with a user-based policy without a user-based program. The program is going towards being partially user funded and partially general funded for the foreseeable future. It is time for Congress to formulate a policy that reflects that reality.
George W. Bush, not Bernie Sanders, is the real "socialist" of our generation, primarily because the economy collapsed under his tenure and as a result, the conservative president began an ongoing program of government stimulus into various industries.
In a recent speech to parliament, Tsipras confidently invoked the words of Franklin Delano Roosevelt by noting that there is nothing to fear but fear itself. However, it was FDR's actions, and not just rhetoric, which secured him a place in the pantheon of modern statesmen.
The economic crisis in the island is suffocating the people. Water and electricity bills have skyrocketed. Public services are far, way far, from good.
Faced with continued despair, the people in Greece will continue to do as people have done all over the world when faced with such inhumane treatment: they will live, they will organize, they will protest, they will survive and carry the burden of humanity.
Dodd-Frank turns five years old next week and the occasion merits a review of its success.
Today's headlines regarding the latest Greek bailout do not bode well for political stability in Europe, and the future of the Eurozone. The nature of the bailout can also affect the rest of us around the world. To understand why, we need to go back to the beginning.
On Monday, Hillary unveiled her economic agenda for strengthening the middle class. But looking at solutions like raising the minimum wage is only half the story. To evaluate the bigger picture, a review of Hillary's history with the banking industry is necessary.
While we all watch with shock as Greece goes into an economic death spiral, much bigger waters are stirring with long term consequences for all of us.
The topics of strengthening the transatlantic partnership and advancing economic freedom were brought to the forefront, when we gathered in Brussels at a dinner event of the Konrad Adenauer Foundation in December 2014.
The public demurs from facing reality and accepting measures that might fix the problems, based on a misplaced--and manipulated--appreciation of self-reliance and freedom, O'Kane explains and illustrates.
Reading and watching news of Syriza party's attempts to renegotiate a bailout agreement with the EU and ease austerity in what they term a humanitarian crisis for the Greek people, I've traded doubt and discomfort for a new feeling: respect.
These past two weeks mark a new start for Greece. The country is now, for the first time since joining the Eurozone, beginning to negotiate a new debt agreement as it rolls back austerity measures.
Scapegoating the EU for not pardoning or easing terms on debt, accusing minorities of tax fraud and ramping up government expenses are surely not part of the road to resolution.
Do we just fasten our seatbelts for a bumpy ride, or is there a way to smooth the path ahead? In this interview, Alan Taylor discusses his findings and suggests ways to safeguard the financial system.
The US Treasury Department has just declared the bailout is over -- and that it was profitable too! But nothing could be further from the truth. Both claims are false.