How can this be a good thing? The very people who legally crashed our economy – and those who did it illegally and still haven’t gone to jail – and have kept their bonuses are now even bigger than before. This is when our government needs to – HAS TO – step in and say…. … More Have We Not Learned That Bigger Is Not Better When It Comes to Banking?
Today is the 4th anniversary of the Supreme Court’s infamous “Citizens United” decision. Why should you care? Watch the 2 1/2 minute video at… …http://unitedrepublic.actionkit.com/event/cosponsor/9815/ to get a sense of what money in politics is doing to us and to our government. I hope you’ll then decide you want to add your name as a … More Unhappy Anniversary, Citizens United
See on Scoop.it – DidYouCheckFirst The moral contours of QE depend on your angle of vision. But would you rather be surrounded by mass unemployment? Greg Russak‘s insight: This article is pretty wonky, and I don’t profess or pretend to understand all of it. There a couple of basic takeaways for me. The main one … More Farewell QE, you have been a magnificent success – Telegraph
On this, the 5th anniversary of the bankruptcy of Lehman Brothers, Americans should take time to pause and remember this as yet another heinous crime of historic proportions perpetrated on Americans on a day in September. It wasn’t terrorists and it wasn’t Main Street who killed our economy. No, this crime was perpetrated on us … More Let’s #NeverForget915 and the Lies of Trickle-Down Economics
See on Scoop.it – DidYouCheckFirst “Over the next two months, the regulators proposing this rule will no doubt encounter a lobbying buzz saw. Mr. Hoenig (vice chairman of the F.D.I.C.) said he and his colleagues were bracing for that. Bankers, after all, prefer things just the way they are. They can load up on leverage to … More “Bankers Are Balking at a Proposed Rule on Capital” Gretchen Morgenson – The New York Times