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Full Catastrophe Banking in 2011

With a $4.7 trillion bailout under their belts and no harm done to their billion-dollar bonuses, don't expect Wall Street bankers to be chastened by the 2008 financial crisis. Below we list eight things to watch out for in 2011 that threaten to rock the financial...

Locking In Inequality for Another Generation

A widely overlooked provision in last month's tax cut deal is going to speed even more wealth to America's Paris Hilton set. Brace yourselves, young people. In 2011, you figure to face a real stinker of a year. Those of you attending America's budget-strapped public...

Inequality A Melancholy of the Soul

Nicholas Kristof has important piece in NYT, entitled Equality, A True Soul Food He summarizes the striking work that shows how corrosive extreme inequality is not simply to society, but to the health of individuals themselves.Extreme Inequality, he writes, feeds a...

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