Wall Street reform overcomes Wall Street blockade
After a year of intense struggles on one side, and bank lobbying on the other side, Congress yesterday passed Wall Street reform - a big step, but the battle's not over.
Finance reform takes a swipe at “swipe fees”
Have you ever walked into a neighborhood restaurant, with only your debit card in hand, ready to order lunch for $7.95, but are stopped by the handwritten sign next to the cash register: credit cards, $15 minimum.
An idea whose time has come
A new political and economic model, a new New Deal, is urgently needed, but the tycoons of finance are not about to yield their power - it will take a series of struggles.
What the economic conversation needs to be about
The focus on "fiscal responsibility" conceals the real causes of the crisis, and if we don't address those we don't have a snowball's chance in hell of lifting workers out of the quicksand.
Over-taxed? Not by the numbers
LONDON (PAI) - Conservatives in the United States and Great Britain have been marching, in lockstep, for over three decades, pushing a variety of almost identical comfort-the-comfortable policies that made their nations two of the most unequal in the world. But the marchers may now be headed in somewhat different directions.
Socialism in North Dakota
The Bank of North Dakota, the only state-owned bank in America, earned a record profit last year even as private-sector banks lost billions.
A reality check on Wall Street
By any objective measure, Wall Street has given up its right to manage our nation's finances.
Betting on all sides
If you listened to the recent testimony of Wall Street executives about the financial crisis, you would think that they were mere innocent spectators to it all.
Goldman Sachs: going broke for profit
The real crime of Goldman Sachs - buying the U.S. government through lobbying and placing former executives as appointees in high places - is not yet exposed.
A critical terrain of struggle
The AFL-CIO and its new president, Richard Trumka, are going to spend a day on Wall Street later this month, but not everyone there is planning to welcome them.
