Archive for March, 2008
D&S Author Bill Black in the News (Again)
Bill Black, who wrote our November/December cover story— (Mis)Understanding a Banking Industry in Transition—is in the news again. An earlier posting (McCain in Bed with Lobbyists; Taxpayers Get Screwed) pointed out that Black was quoted in the New York Times article about McCain’s dealings with lobbyists that created such a fuss. Now Black is a ...Read more.
The Squeezing of the Middle Class
Harvard Law School professor Elizabeth Warren discusses the economic pressures confronting the two-income middle-class family as it struggles to pay mortgages, health care, and education costs. Warren offers surprising answers to “Who goes bankrupt and why?” and explores the role of banks and credit card companies in tightening the squeeze on the average American family. ...Read more.
Free Lunch, by David Cay Johnston
Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You With the Bill) by David Cay Johnston Remy Welling, an IRS tax auditor, had a problem. In December 2002, her boss asked her to sign off on an audit that hadn’t yet begun, essentially giving a company an advance free pass. ...Read more.
