Words from the Wise?
I just got back from The Economist's "Buttonwood Gathering" in New York and thought I'd share a few of the more interesting (and, in some cases, quite...
I just got back from The Economist's "Buttonwood Gathering" in New York and thought I'd share a few of the more interesting (and, in some cases, quite...
Is the economy on the rise just because Wall Street hit 10,000 again? What about that 10 percent unemployment figure? The dog that hasn't barked yet: ...
The health insurance industry has us all by the throat -- and yet they want more! They have a "10 Point Stranglehold Program" on America -- but they want 13. Here's what I mean:
The question is not why did we bail out the banks. The question is why did we give the banks billions so they could buy assets by the trillions and keep the profits?
At the end of last year, our friends at The Fresh Ideas Group went out on a limb with some public predictions about how Americans would act in 2009. As the year winds down, let's see how they did.
Jim Cramer's stock "call of a lifetime" came 53 weeks ago, on October 6, 2008. But was it really so wise?
For Alan Greenspan, the apostle of free markets, to admit that financial free markets are not self-correcting is an enormous concession.
This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture as part of the Making It In America project. I am a ...
The top 1 percent owns more wealth than the bottom 90 percent. CEOs of large corporations earn 400 times what their workers make. That is not what America is supposed to be about.
If world-class, reckless risk-taking continues to receive massive economic rewards, then we are headed to another financial collapse in two years -- or five years; or fifteen years.
America is itself a living example of greed-fueled inefficiency, reflected in its regressive attitudes, unrestrained profiteering and unceasing ignorance of its own mortality.
Now that Goldman Sachs is a regular commercial bank, it actually trades more. This makes sense: if the US Treasury covered my losses, I would also be happy to take major risks.
American-style capitalism is the system that gives you pilots buying groceries with food stamps and sheriffs throwing families out of their homes. President Obama, it's time for a "new" New Deal.
It doesn't really matter why you need the money, all you know is that life as you know it will cease to exist if you don't get your hands on a big chunk of cash. Yesterday.
Despite trillions of dollars in bailout money, bank loans fell to their lowest rate since the onset of the Great Depression. Now that the Fed has done all they can, is it time for the states to step in?
Democratic Congresswoman Melissa Bean is earning the title of Wall Street's favorite Democrat. The leader in the New Democrat Coalition has pocketed almost $2.2 million from the banking and financial services interests.
An examination of the causes of the financial meltdown and proposals for reform to prevent new catastrophic bubbles from forming and bursting.
No Child Left Behind, which bases educational success on reading and math testing, leaves little time for arts education, first in California and now in the nation at large.
We had the White House's Christina Romer on TechTicker this week. She says the president's "not cool" with our huge deficits.
By most indicators young people are the most adversely affected age group by the economic crisis, the most at risk when it comes to health care coverage, and the deepest in debt.
The historic profits notched by the nation's biggest banks are starting to have a positive impact on the broader economy, with the cocaine and hooker sectors showing striking gains.
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you know what gets me is the gop signed tarp and they complain that it is a giveaway to the corps but they wont let us regulate it or attach it with conditions. The gop confused and unrational
There not as irrational as they appear , again it's all about the money they need to get reelected and what they will do to get it and the baucus bill is a perfect example of when democrats do it 2
So how come our lazy congress critters couldn't get this deal for us:
Nov 13,2008
http://www.rollingstone.com/politics/story/24012700/the_new_trough
It didn't have to be this way. Five days before Paulson struck his deal with the banks, British Prime Minister Gordon Brown negotiated a similar bailout — only he extracted meaningful guarantees for taxpayers: voting rights at the banks, seats on their boards, 12 percent in annual dividend payments to the government, a suspension of dividend payments to shareholders, restrictions on executive bonuses, and a legal requirement that the banks lend money to homeowners and small businesses.
In sharp contrast, this is what U.S. taxpayers received: no controlling interest, no voting rights, no seats on the bank boards and just five percent in dividend payouts to the government, while shareholders continue to collect billions in dividends every quarter. What's more, golden parachutes and bonuses already promised by the banks will still be paid out to executives — all before taxpayers are paid back.
hi cave gal how are you doing?
This isn't going to look good on the Democrastic resume. :(
what are you talking about this has the gop fingerprints all over it
wow i think HP is on repeating headlines this week
They seem to be getting lazier, next week they will call for Biden to resign, again
It's long past time for democrats to get a spine
http://www.newsweek.com/id/217665/page/1
you can say that again. hey underoath how are you doing?
Reading all the Morning paper's what are you up 2?
cosign!
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