Last week Rep. Phil Gingrey (R-GA) complained in a closed-door GOP meeting that many congressional aides “may be 33 years old now and not making a lot of money. But in a few years they can just go to K Street and make 500,000 a year. Meanwhile I’m stuck here making $172,000 a year.” The […]
Five years ago this week, one of the country’s largest investment banks went bankrupt. With the bursting of the “housing bubble,” Lehman Brothers’ risky financial escapades put not just them but the entire US economy on the brink of collapse. Credit markets seized up, policymakers were panicked, the stock market was plummeting, and other big banks feared […]
If we want to honor the Great March on Washington that took place fifty years ago today, we shouldn’t limit ourselves to nostalgia and reciting speeches. We should work to fulfill the concrete economic justice demands of the marchers. The news media and the public, across the political spectrum, have given tremendous attention in recent days […]
