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Financial Transactions Tax

Our Demand: Increase Social Security Benefits

Jonathan Tasini | Posted 05.25.2011 | Politics
Jonathan Tasini

You must not believe that we are in a financial debt or deficit "crisis." It is a complete sham. The problem is that our leaders do not have the spine to go after the rich and the powerful.

It's Not Raining, We're Getting Peed On (4): The Scam of the Deficit Crisis

Jonathan Tasini | Posted 05.25.2011 | Politics
Jonathan Tasini

Over the past three days, we've looked at the phony deficit crisis withe excerpts from my new book, "It's Not Raining, We're Getting Peed On: The S...

Wall Street Reform: Five Key Fights After the Bill Is Signed

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

The Wall Street bill has much to be said for it, but the unfortunate truth is that it ducks several of the most critical reforms needed to protect our economy from banker abuse.

The Priority of Growth and Jobs -- the IMF's Dialogue With the Unions

Dominique Strauss-Kahn | Posted 05.25.2011 | Business
Dominique Strauss-Kahn

While the IMF and the labor movement might have some differing views, our goals are ultimately the same -- standing against narrow domestic interests, against nationalism, against war. And standing for better living standards for all, and for peace.

Road Rage and the G20

John Feffer | Posted 05.25.2011 | World
John Feffer

Anti-government rhetoric is all the rage these days. And "rage" is the operative word here. Small-government enthusiasts are like the drivers of Humme...

Weekly Audit: Why Democrats Must Focus on Jobs Now

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

by Zach Carter, Media Consortium blogger The job market in its worst state since the Great Depression and is putting tremendous strain on millions of...

Scaling Back Our Bloated Financial Sector

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Individual oversized banks are not the only problem Big Finance poses to the economy -- the overall sector is much too large.

Weekly Audit: More Jobs Please

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

>By Zach Carter, Media Consortium Blogger One year after President Barack Obama secured passage of his critical economic stimulus package, the U.S. Se...

Wall Street Democrats vs. the People

Jonathan Tasini | Posted 05.25.2011 | Politics
Jonathan Tasini

We don't have to wait to undo the Supreme Court decision with legislation. We, Democrats, can say now, we won't accept corporate PAC money, we won't accept the corrupting money that hurts the American people.

Hell No on Bernanke!

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

Is Ben Bernanke the change we voted for? How can anyone believe that? What is the matter with Obama? Picking the same guy as Bush, and the same exact guy who was at the helm when the economy crashed.

Krugman: Financial Transactions Should Be Taxed

New York Times | Posted 05.25.2011 | Business

Should we use taxes to deter financial speculation? Yes, say top British officials, who oversee the City of London, one of the world's two great banki...

A Call for Fiscal Responsibility (With a Twist)

Nathan Havey | Posted 01.15.2010 | Politics
Nathan Havey

At the rate we are going, in just a few years, the whole of the federal government's annual tax revenues will be insufficient to finance, let alone pay down our debt.

The $200,000 Insult: Come to Chicago

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

Wall Street badly needs fixing. Fortunately we have the tool to do the job. It's called a financial transactions tax (FTT) - a modest tax on trades of stock, futures, options and other financial instruments.

Q&A with Housing Bubble Forecaster Dean Baker

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Baker: "For most economists, the idea that a market would take leave from its senses -- that it would be driven by speculation -- is almost inconceivable."