A lot of people still haven’t heard that the economy cannot recover until the big banks are broken up.But virtually all independent economists and financial experts say that it is vital to break up the giant banks, including:Nobel prize-winning economi…
Posts Tagged ‘labor robert reich’
Quantitative Easing Won’t Help the Economy, But Will Just Create Another Wave of Mergers and Acquisitions
August 30th, 2010 |
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As I noted when the government started bailing out the big banks: [The] Treasury Department encouraged banks to use the bailout money to buy their competitors, and pushed through an amendment to the tax laws which rewards mergers in the banking ind…
The American Dream Has Moved Abroad
March 17th, 2010 |
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The American dream has always been that even those with humble roots can end up wealthy.The American dream is what has motivated generations of Americans – natives and immigrants alike – to work hard and play by the rules.And as Michael Moore wrote in …
6 Senators – Who Together Only Represent 2.6 Percent of Americans – Are Deciding the Fate of Health Care
August 22nd, 2009 |
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Former Secretary of Labor Robert Reich notes:It’s come down to these six senators. The House has reported a bill as has another Senate committee, but all eyes are fixed on Senate Finance — and on these three Dems and three Republicans, in particular. …