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Economics

Economics

Pope Francis Issues Major Policy Slamming ‘Trickle-Down’ Capitalism As ‘Tyranny’

by David Badash ● 1:25 PM November 26, 2013
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Pope Francis I issued an extensive policy statement that decimates today’s capitalism and the economic system touted by Ronald Reagan as “trickle down economics,” calling them a “new tyranny.”

Economics

Elizabeth Warren Proves She’s Smarter Than A CNBC Host (Video)

by David Badash ● 1:54 PM July 17, 2013
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Sen. Warren takes on three CNBC hosts, all of whom are supposed to be experts on financial matters like Glass–Steagall — and calmly, coolly, and intelligently destroy their arguments.

Discrimination

Harvard Professor Apologizes For Claiming Homosexuality At Core Of 2008 Worldwide Economic Meltdown

by David Badash ● 1:53 PM May 4, 2013
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A Harvard professor who suggested yesterday that gay people are inherently selfish because they do not have children and therefore don’t care about future generations, has apologized.

Economics

Thank You Senator Elizabeth Warren. Because Of You, I Got My Money Back!

by Jean Ann Esselink ● 8:24 AM April 2, 2013
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Elizabeth Warren created from scratch, a federal agency to investigate consumer complaints. Who could have predicted it would really work?

Economics

Watch: Suze Orman Politely Decimates Conservative In Piers Morgan Gay Marriage Debate

by David Badash ● 5:30 PM March 27, 2013
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Last night Suze Orman appeared on CNN’s Piers Morgan Live and politely decimated the positions of a conservative author and Heritage Foundation fellow.

Economics

Apple And Facebook Join 250 Employers Asking Supreme Court To Support Gay Marriage

by David Badash ● 5:27 PM February 26, 2013
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Apple, Facebook, Morgan Stanley, Intel — over 250 employers — are filing amicus briefs in the Prop 8 and DOMA cases asking the Supreme Court to make same-sex marriage legal.

Discrimination

Watch: Suze Orman Says ‘Gay Americans Pay More Taxes For Fewer Rights’

by David Badash ● 2:46 PM February 25, 2013
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Suze Orman says that “gay Americans pay more taxes for fewer rights,” and adds that if heterosexual couples had to pay in taxes half of what they inherited upon the passing of their spouse “they wouldn’t stand for it.”

Economics

Elizabeth Warren Eviscerates Regulators: Why Do Feds Prosecute People But Not Banks?

by David Badash ● 9:06 AM February 15, 2013
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U.S. Senator Elizabeth Warren yesterday eviscerated federal bank regulators, demanding answers to questions like, “When was the last time you took a Wall Street bank to trial?”

Economics

The U.S. House of Representatives Dodges the Fiscal Cliff

by Tanya Domi ● 12:09 AM January 2, 2013

After a very long day in American political history, the House of Representatives, led by a majority of Democrats, passed the American Taxpayer Relief Act, avoiding the fiscal cliff

Economics

UPDATE: House Republicans Reconsider Amendment for Spending Cuts; Expect to Vote on Senate Bill Tonight

by Tanya Domi ● 4:37 PM January 1, 2013

House Republicans who strongly opposed the Senate compromise on the fiscal cliff want $300 billion in spending cuts but don’t have 218 votes, so will most likely take up a vote on the Senate bill tonight

Economics

Senate Passes American Taxpayer Relief Act 89-8; Moves to House for Final Passage

by Tanya Domi ● 2:45 PM January 1, 2013

The U.S. Senate worked into the early hours in the New Year and overwhelmingly passed a measure in a deal crafted between the White House and Senate Republicans

Economics

Political Brinksmanship on the “Fiscal Cliff”; Will Congress Make a Deal?

by Tanya Domi ● 9:54 AM December 31, 2012
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Congress engages in political brinksmanship on making a deal as the fiscal cliff looms within hours of the New Year

Economics

US Hits Debt Ceiling Dec. 31st; Geithner Sends Letter to Congress

by Tanya Domi ● 11:13 AM December 27, 2012
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As the country approaches the ‘”fiscal cliff” on January 1st, the U.S. debt limit also reaches it mandatory limit on New Year’s Eve, compounding the nation’s fiscal house of business

Economics

Obama: Aloha ‘Oe Hawaii; Back to Grind and Fiscal Cliff

by Tanya Domi ● 2:51 PM December 26, 2012
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President Barack Obama departs his Hawaii vacation for a tortured return of jousting with House Republicans who are bent on taking the country over the fiscal cliff