Archive
Phony Bipartisanship Won't Fix Wall Street
I generally find Andy Kroll to be both a rigorous and persuasive journalist. He knows what he's talking about on Wall Street reform, and he routinely pens informative yet approachable articles about very complicated subjects. So I was both surprised and disappointed...
Progressive Breakfast - 4/19/2010
Each morning, Bill Scher and Terrance Heath serve up what progressives need to affect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. Goldman Fraud Case Puts Spotlight...
Wall Street Showdown: Take Action!
The next few weeks will be crucial for the effort to rein in the Wall Street casino and hold the bailout barons accountable. Here's a list of major Wall Street reform rallies taking place around the country in the coming weeks. With the Wall Street bill going to the...
A New Yardstick for Greed in the Suites?
The lackluster financial reform bill now nearing a floor vote in the U.S. Senate includes a surprising provision that could help reframe and revitalize the struggle against outrageously excessive CEO pay. Nearly six decades ago, at the height of the Great Depression,...
The Case Against Jamie Dimon: Oligopoly, Pain, and Systemic Risk in Five Slides
JPMorgan Chase CEO Jamie Dimon knew what he was talking about when he said that ""large corporate America is in very, very, very, very good shape." It's a crude and insensitive remark, but an accurate one. Unfortunately, the rest of us are still paying for the party....
A Tax Trick That Forces Companies To Close Factories
Yesterday was April 15, so I wrote about Tax Tricks. Here's a tax trick to talk about: Offshore Tax Havens for corporations. Here's one way that offshore tax havens work. You make an item in one country, and sell it at cost to a subsidiary that is based (post office...
Is Big Oil Standing Down On The Climate Bill?
While playing hardball seems to be working to maximize the chances for decent Wall Street reform, the finesse game appears to be working in the climate debate. On the heels of President Obama's offshore drilling plan Washington Post's Steven Pearlstein reports today...
Progressive Breakfast - 4/16/2010
Each morning, Bill Scher and Terrance Heath serve up what progressives need to affect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. Wall Street Reform May Hit Senate...
Bank Profits Soar
President Obama got it exactly right when he said that we couldn't go back to an economy in which the banks captured 40% of corporate profits. We needed an economy built on a new foundation. Well, financial profits are soaring -- up a staggering 240% over last year....
Trump: Tax China, Create Jobs in America
Donald Trump knows a few things about making money. The first step: You need a job. But a job is something more than 17 million of America’s workers don’t have. In a recent CNN interview, Trump says one big way this country can create jobs is by...
