Corporate executives have extracted record profits by sabotaging the recovery on every front - eliminating employees, repressing wages, withholding investment and shirking federal taxes.
Have you ever walked into a neighborhood restaurant, with only your debit card in hand, ready to order lunch for $7.95, but are stopped by the handwritten sign next to the cash register: credit cards, $15 minimum.
The focus on "fiscal responsibility" conceals the real causes of the crisis, and if we don't address those we don't have a snowball's chance in hell of lifting workers out of the quicksand.
Key senators are reported close to a deal on legislation to overhaul financial regulations.
U.S. President Barack Obama's administration on Tuesday unveiled its long-expected reshaped financial rescue plan.