Obama’s Austerity Agenda And Sequestration

March 22, 2013 MEDIA ROOTS — “Both parties have conspired to bring us disaster,” says Professor William K. Black, a leading white collar criminologist, who also teaches economics and law at the University of Missouri-Kansas City. “This has strangled the recovery and may even put the economy back into recession.”  Professor Black gives a crucial […]

Greece Races as Cash Dwindles With Europe Seeking Austerity

ShareThis Greece Races as Cash Dwindles With Europe Seeking Austerity 18 Jun 2012 Greece’s two traditional political rivals are in a race to forge an unprecedented coalition as the state’s cash dwindles, bank deposits flee and Europe demands renewed austerity pledges before releasing more emergency aid. Greece will run out of money in mid-July, the […]

U.S. Stocks Rise on Greek Austerity Vote

By Rita Nazareth, Bloomberg.com U.S. stocks rose, after the first weekly loss for the Standard & Poor’s 500 Index in 2012, as Greece approved austerity plans to secure rescue funds. Bank of America Corp. and Citigroup Inc. (C) climbed more than 1.9 percent as a measure of European lenders gained. Alcoa Inc. (AA) and Chesapeake […]

Gingrich, Cain Accept Tea Party Invite to Debate Fiscal Austerity

By Patrick O’Connor, WallStreetJournal.com Newt Gingrich has always fancied himself a historic figure. Well, it looks like the former House speaker will get his chance to reprise another famous chapter from history when he and fellow Georgian Herman Cain stage a contemporary version of the Lincoln-Douglas debates to talk Medicare and Social Security reform. Messrs. […]