A federal judge has granted class action status to a lawsuit opposing the New York City Police Department’s controversial stop-and-frisk program, opening the door to legal recourse for hundreds of thousands of people targeted by police. The judge’s ruling cited the city’s “deeply troubling apathy” toward the constitutional rights of New Yorkers. A recent...
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As the financial giant JPMorgan Chase continues to suffer major losses on its risky derivatives trades, Nobel Prize-winning economist Paul Krugman says bank chief Jamie Dimon should resign “precisely because he’s been using his supposed wisdom as a way to campaign against reform, and now it’s turned out that he wasn’t that wise after...
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The European economic crisis is expected to top the agenda at the G8 meeting tomorrow at Camp David. In Greece, voters will soon head to the polls for another round of elections which will be viewed by many as a referendum on the euro. Our guest today, Nobel Prize-winning economist Paul Krugman, warns the...
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Earlier this week, former Sen. Alan Simpson, who co-chaired President Obama’s bipartisan deficit commission, attacked New York Times columnist Paul Krugman, saying his work “borders on hysteria.” We ask Krugman to respond to Simpson, who has advocated for slashing spending despite the economic downturn. “We’re witnessing a gigantic experiment in the kinds of policies...
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Supporters of a longtime California activist, Carlos Montes, rallied outside a courthouse in Los Angeles Tuesday calling on authorities to drop his prosecution. Montes faces four charges, including one for firearms possession that dates back to the 1960s. A longtime leader in the Chicano, immigrant rights and antiwar movements, Montes’ arrest in a May...
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