In the roaring 2000s, just as in the Roaring Twenties, America’s big banks used insured deposits to underwrite their gambling in private securities, and then dumped the securities on their customers. Continue reading
EXPLORE Economy & Work
- July 16, 2015
- July 8, 2015
The Supreme Court’s recent blessing of Obamacare has precipitated a rush among the nation’s biggest health insurers to consolidate into two or three behemoths. Robert Reich says a “tidal wave” of mergers may be good for business, but it’s bad for the insured. Continue reading
- July 7, 2015
The overworked and underpaid American workforce has something to celebrate. Continue reading
- June 23, 2015
The Senate is expected to take up trade legislation today, but labor federation warns: “Fast Track has gotten even worse since the House got its hands on it.” Continue reading
- June 22, 2015This treaty can be worked out by debate and compromise. But not if the fix is in -- not if Boehner, McConnell and Obama put a fast one over on us.
- June 15, 2015 | Updated June 18, 2015The Trans-Pacific Partnership was stalled by the House last week, but President Obama and Republican leadership haven't given up on making their secret trade treaty come true.
- June 11, 2015
Galesburg, IL residents saw their jobs disappear after the passage of NAFTA. The Trans-Pacific Partnership won’t be any different Continue reading
- June 11, 2015
There are few people in Congress who criticize big Wall Street banks more than Sen. Elizabeth Warren (D-MA) does. And JPMorgan CEO Jamie Dimon found his match. Continue reading