To save money the UC System was about to raise undergraduate tuition by 32 percent, in addition to hiking fees for professional degrees.
Elliott Spitzer got it wrong, as did Paul Krugman, and countless bloggers. The popular narrative – that Tim Geithner needlessly f...
Don't you love the off-the-charts contrast? I do. While we have tent cities going up around the U.S., the offerings of Neiman Marcus' 2009 Christmas Book were unveiled last week.
If you were traveling on Thanksgiving Eve, you might have missed Arianna on The Charlie Rose Show. She was there to discuss President Obama's forthcom...
Goldman Sachs CEO Lloyd Blankfein has a lot to be thankful for this year. But among it all, he and other Wall Stree CEOs don't seem especially thankful for the American people.
The stimulus truly was a model of political compromise, providing that devilish mixture of effective public policy and politics.
This is a pretty hard time to make a case for the American Dream. But I'm going to anyway. I have always been an optimist and I'm a big believer in th...
Through decades of violence, derision, arrests, intimidation, our progressive ancestors never gave into despair and defeatism. We should take their example to heart.
Will the Senate vote another term for Ben Bernanke as head of the Federal Reserve? Should it? In the lead up to the financial crisis, Ben Bernanke was Sancho Panza to Greenspan's Quixote, gleefully touting banking deregulation while blind to the dangers of the housing bubble. He celebrated an economy where incomes were declining, household debt was soaring, and inequality reached Gilded Age extremes. Once named Fed Chair, he chose not to exercise the regulatory powers he had to curb predatory lending, police the Wall Street casino, or crack down on the derivatives that Warren Buffett among others warned were financial WMD. Instead, he scorned the worriers.
We should give strong consideration to nationalizing the largest banks in order to run them like public utilities. We also should consider placing banking employees into the civil service system to end the ridiculous wage distortions.
We couldn't help but wonder if Sarah Palin were invited to the state dinner for the Indian PM... would she show up in a buckskin dress packing a quiver of arrows?
By Zach Carter, Media Consortium Blogger Unemployment figures in the U.S. are staggering: The official rate stands at 10.2%, the highest in 26 years....
According to recent figures from the Mortgage Bankers Association, in town after town and in communities across the country, over 14 percent of all re...
If the Obama team wants to earn back some goodwill concerning the banks, they have to do better than the lame excuse of "we had to do it." They didn't have to do it this way. There were many other possibilities.
Operating a business on Main Street is a lot different than lecturing at the Harvard Economic Club. The team Obama surrounded himself with has spent way more time in a faculty lounge than in the corner barber shop.
There's a Category 5 storm about to make landfall, and the president and the officials in charge of preparing for the approaching disaster don't seem to be particularly worried. Sound familiar?
Since the likelihood of more federal stimulus packages is low -- unless they're called something like a "jobs bill" -- this will mean more pain and an even slower economy.
Ask your neighbors over for a potluck Thanksgiving feast, just like the Pilgrims invited the Native Americans. Once you've enjoyed their delicious offerings, kill them and steal their possessions and property.
We must stop subsidizing speculators with cheap funding and tax breaks. We have to hold people accountable for malfeasance, break up large financial institutions, and allow them to fail.
Obama promoted the architects of the financial disaster and demands that we hail them as heroes because they, and Wall Street, only wrecked the economy -- they haven't (yet) utterly destroyed it.
The business cycle is not dead. America has many coping mechanisms to deal with the current hangover. As it has before, this country will unleash the innovative, hard working and productive side of its citizens.
