Category Archives: economy

How Mitt and His Partners Get Rich–And How We Pay For It

Posted on April 25, 2012 by Arlen Grossman

In less than three minutes, Robert Reich explains how capital equity partnerships, like Bain Capital, game the system–and how the rest of us end up holding the bag.

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How Lehman Brothers Cheated While U.S. Regulators Looked the Other Way

Posted on April 24, 2012 by Arlen Grossman

60 Minutes: The Case Against Lehman Brothers Steve Kroft, on CBS’s 60 Minutes last Sunday, examines (1) how the Lehman Brothers fudged numbers, evaded detection and slipped into bankruptcy, helping trigger a worldwide financial collapse, (2) how their accounting firm Ernst … Continue reading →

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Thomas Jefferson: Let the Rich Pay the Taxes

Posted on April 22, 2012 by Arlen Grossman

BPR Quotes of the Day Thomas Jefferson’s views on who should be paying taxes would clearly disqualify him as a member of today’s Republican Party….. “The collection of taxes… has been as yet only by duties on consumption. As these … Continue reading →

Posted in Economics, finance, Republican Party, taxes | Tagged | 7 Comments

Just a Little Bit Farther…..

Posted on April 20, 2012 by Arlen Grossman

Image: origin unknown

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Taxing the Rich Healthy For the Economy

Posted on April 16, 2012 by Arlen Grossman

Why a Fair Economy is Not Incompatible with Growth but Essential to It by Robert Reich/ robertreich.org/ April 15, 2012 One of the most pernicious falsehoods you’ll hear during the next seven months of political campaigning is there’s a necessary … Continue reading →

Posted in Economics, economy, inequality, taxes | Tagged , , , , , , | 106 Comments

Numbers That Count: The Extremely Lop-Sided Recovery

Posted on April 14, 2012 by Arlen Grossman

Portion of Gains From 2010 Economic Recovery Received By Top One Percent – 93% More depressing numbers about 2010 economic recovery gains: Top 1/10 of 1 Percent received 37% of the 2010 gains. Bottom 99% received 7%. Bottom 90% received … Continue reading →

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Exporting Democracy

Posted on April 14, 2012 by Arlen Grossman

from Amnesty International

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BPR Quote of the Day: Hands-On Work

Posted on April 14, 2012 by Arlen Grossman

Image by Oleg Volk “As for the TSA, just try to think of it as George W. Bush’s version of FDR’s CCC (Civilian Conservation Corps). CCC did some really great work in the national parks, etc., all by hand, so … Continue reading →

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Can Capitalism Still Deliver The Goods? Maybe Not

Posted on April 13, 2012 by Arlen Grossman

American author and Economics Professor Richard Wolff (University of Massachusetts, Amherst, and New School University, New York) argues that the economic problems in this country and around the world are far from over. The problem is not just the bankers … Continue reading →

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With a Cherry on Top?

Posted on April 11, 2012 by Arlen Grossman
Posted in economy, inequality, politics, poverty, taxes | Tagged , , , , | Leave a comment