The Bailout: The Rich Haven’t Won Quite Yet
The architects of the $700 billion bailout agreement left some key details tantalizingly undefined.
The Fundamental Problem with the Economy
Our current financial crisis and the subprime crisis are symptoms of an economy that no longer sustains a middle class.
Make Speculators Pay for Wall Street Meltdown
Where to find $900 billion to pay the costs of recovery and Main Street economic stimulus.
The Wall Street Meltdown and Inequality: A Primer
Concentrated wealth leads to speculation at the commanding reaches of the economy. People with money to gamble chase maximum returns –leading to economic bubbles. Members of the Working Group on Extreme Inequality have been very involved in explaining the Wall Street meltdown, advocating for controls on CEO pay, and proposing fair ways to cover the costs. Below is a round-up of several of our recommendations and articles:
Fannie, Freddie, and Failure
Sky-high rewards for CEOs have turned respectable enterprises into muggers of the American dream.
