In a recent talk at the Philadelphia Federal Reserve at a conference titled “Fixing the Banking system for Good,” Jeffrey Sachs, economist, Columbia University
Author: Madonna Gauding
I’m shocked! GOP calls Obama budget a “shocking attack on seniors”
This was, of course, entirely predictable. President Obama is the only elected official in Washington to officially propose a cut in Social Security. Moral
Robert Reich: Don’t accept Obama’s chained CPI
The chained CPI is a cut to Social Security benefits that would hurt most seniors—it’s an idea not befitting a Democratic president. If Obama
“State-wrecked: the corruption of capitalism in America”
That’s the title of David A. Stockman’s March 31 opinion piece in the New York Times. Stockman is a Republican and former budget director
Big banks still receiving trillions in taxpayer subsidies
But hey, Democrats and Republicans are working tirelessly to cut Social Security and Medicare to “strengthen it for the future.” (I’m sure Orwell is
Wealth inequality in America is much worse than you think
We love good infographics here at Occasional Planet because they help us see patterns that escaped our awareness, and understand and digest information. Here’s
The student loan bubble is about to burst
The ever-insightful and knowledgeable Yves Smith, writing at Naked Capitalism, points to a potential trigger for the next economic crisis—the bursting of the massive
An animated fairy tale on taxes
This short animated fairy tale, written and directed by Fred Glass for the California Federation of Teachers and narrated by Ed Asner, explains, in
Obamacare: a primer for 2014
A very knowledgeable person, who wishes to remain anonymous, has written the most comprehensive and exhaustive analysis to date of “Obamacare” —The Patient Protection
Chicago’s undemocratic, corrupt, parking-privatization nightmare
This year I spent the holidays in Chicago where I once lived for two decades. When I left Chicago in 2000, parking meters cost