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A big reason why financial crimes are so hard to prosecute is that authorities often lack witnesses who can testify in detail about such crimes. That means prosecutors must rely on others forms of evidence -- like documents and emails. But even a pretty damning paper trail just doesn't have the

In the wake of the S&P downgrade, the Federal Reserve announced yesterday that it would keep short-term interest rates near zero for two years. This was a departure from the Fed's previous language, which did not offer a specific timeline. These rock-bottom rates can't continue indefinitely, and the

In an op-ed in today's New York Times, Jeffrey Ganns provides the most insightful explanation yet of why S&P downgraded the U.S. credit rating even though there is no evidence that the United States would ever not make good on its debts.

WASHINGTON DC-- In the wake of an austerity debt ceiling deal that will cost 1.8 million jobs in 2012 and do nothing to address inequality and the decline of the American middle class, today the Rebuild the Dream Campaign – with the support of partner organization Demos – announced a new Contract

Among the many questionable assertions in Drew Westen's Times article yesterday was that Obama's "half-stimulus" was "diluted" with "tax cuts that had already been shown to be inert."

Like many progressives, I have been disappointed by President Obama for not staking out more aggressive negotiating positions and being a more forceful leader overall.

Imagine an America that boldly undertakes a major effort of unprecedented scale. Now imagine that no one knows how much it will cost or when it will end, only that it is imperative to act if we are to live consistent with our nation’s core values of freedom AND unity. Imagine now that this grand and

Now is the time for citizens, workers, employers, and policymakers to come together once again to rebuild pathways to the middle class, create good jobs with fair pay and decent benefits, and ensure that prosperity is broadly shared for the next generation.

Pennsylvania's middle class is in jeopardy. Once the home of a thriving manufacturing sector, robust union participation, and an example of smart policy choices and a stable middle class, the state has been caught in a downward spiral that mirrors unfortunate national trends. And though Pennsylvania

With 25 million people still unable to find full-time jobs and unemployment insurance close to running out, it's shameful that Republicans in Congress waged ideological warfare over what is typically a pro forma exercise of the Congress.