Since the collapse of Lehman Brothers, we have pumped the water out of the ship without patching the holes. If we don’t do the latter—particularly now while we have some breathing room—then … Continue reading Four Lessons (Not) Learned From The Financial Crisis

Low-income Americans working full-time can’t afford to rent a modest apartment in any state Wow! Source: Minimum wage doesn’t cover the rent anywhere in the U.S. – CBS News Continue reading Minimum wage doesn’t cover the rent anywhere in the U.S. – CBS News

The aftermath produced a lost decade for European economies and helped lead to the rise of anti-establishment political movements here and abroad. Blunder after under after blunder, and we’re headed towards repeating … Continue reading The Real Cost of the 2008 Financial Crisis

After the Lehman Bros. collapse, Bernanke argued to lawmakers that we faced a catastrophic collapse of the financial system and a second Great Depression. That wasn’t true. It was a way to … Continue reading The bank bailout of 2008 was unnecessary. Fed Chairman Ben Bernanke scared Congress into it

Economics professor and Bernie Sanders advisor Stephanie Kelton has helped develop a school of economic thought known as modern monetary theory. It simply shows how the economy works and where money comes … Continue reading Stephanie Kelton Wants You to Rethink the Deficit – Barron’s

Europe just voted to wreck the internet, spying on everything and censoring vast swathes of our communications If you thought the EU was this amazing place that would bring all countries together … Continue reading Europe just voted to wreck the internet, spying on everything and censoring vast swathes of our communications

The idea that Roosevelt’s court-packing plan ruined his legacy is a historical fallacy. If Kavanaugh gets confirmed, it’s the only thing the Democrats can do once back in power to change the direction the court could be taking with regards to democracy as a whole. Source: Franklin Roosevelt Tried to Pack the … Continue reading Franklin Roosevelt Tried to Pack the Supreme Court. Democrats Should Too.

House Democrats promise to handcuff their own agenda. …by resurrecting the “pay-go” rule that mandates all new spending is offset with budget cuts or tax increases. Along the way, she is playing … Continue reading Nancy Pelosi Promises That Democrats Will Handcuff the Democratic Agenda If They Retake the House

Judge Brett Kavanaugh’s Senate hearing for his nomination to the US Supreme Court began Tuesday to replace the retiring Justice Anthony Kennedy on the US Supreme Court. Senators will center on Kavanaugh’s … Continue reading Here’s where Trump’s Supreme Court pick Brett Kavanaugh likely stands on controversial issues

New research shines a light on how telecoms are throttling mobile video following the death of net neutrality And they are charging you extra if you don’t want them throttled. Source: Netflix … Continue reading Netflix and YouTube are most throttled mobile apps by US carriers, new study says

California lawmakers passed the toughest net neutrality law in the country on Friday, a move that would guarantee full and equal access to the internet. Great. Source: California lawmakers pass stiffest net … Continue reading California lawmakers pass stiffest net neutrality law in US

Capitalism’s near-death experience was a golden opportunity for progressives. But they blew it, says the Guardian’s economics editor Larry Elliott Yep. Maybe the young will finally stand up and fight the status … Continue reading Ten years after the financial crash, the timid left should be full of regrets