Tag: economy

JP Morgan is facing another multi-billion dollar fine for massive illegalities. But why is John Pierpont Morgan whining about the most recent fine? He's never actually had to pay the price and go to jail.

It's nice that presidential aspirants are talking about rebuilding America’s middle class. But in order to do so, they have to take direct aim at Wall Street, the ones that finance their campaigns.

While he slighted foreign policy during his State of the Union speech, President Obama has avoided new conventional wars. Here are a few other foreign policy highlights worth underlining.

John Boehner secretly invited Israeli Prime Minister Binyamin Netanyahu to Washington to help him craft a super-majority in Congress to join his veto over-ride effort of Obama's new sanctions on Iran. Will he succeed?

“The shadow of crisis has passed, and the State of the Union is strong,” President Obama assured us. From whose lives has the shadow of crisis passed? And for whom is this Union strong?

McDonald's new ad campaign is designed to link the corporate brand to the healing power of love. Is this McDonald's newest idea to help reverse declining sales: more "Lovin?" Just ask protesting workers about the "love" they're getting from McDonald's.

Republican policies have nudged it toward big gains at the top and stagnation for everyone else. When will the leading Republican hopefuls recognize the economy has to work for everyone and not just a few?

The most egregious example of "Americide" is our country's treatment of African-Americans. It's exhibited in the many profitable corporations—manufacturers, banks, insurance, railroad—that had their roots in slavery.

The key strategy of the nation’s large corporations and financial sector has been to prevent wages from rising. And if you didn't already notice, corporations and Wall Street are calling the shots.

Washington assumes that inequality is something that happened. By contrast, the more obvious story is that inequality is something that was done through policies that redistributed income upward.