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Ridiculous Idea of The Day Melissa Bean for CFPB

This is a joke. Politico is floating the idea that notorious Wall Street crony Rep. Melissa Bean, D-Ill., could be tapped to head the Consumer Financial Protection Bureau if she loses her close election with Republican Joe Walsh. Even for Politico's rumor-mill, this...

At Our Financial Summit No Need to Fret

Newly victorious lawmakers have wasted no time rushing to show they really do care — about keeping Wall Streeters lavishly rewarded. All in all, not a bad week for Wall Street. On last Tuesday, voters gave friends of high finance a lock grip over the U.S. House of...

Jobs Its BOLD PLAN Time

Today's jobs report showed that the economy added 151,000 jobs in October, the biggest rise since May. The 159,000 increase in private sector employment was the second-largest monthly rise of the "recovery." The official unemployment rate stayed at 9.6 percent. NY...

The GOPs Pyrrhic Victory Why It Wont Work Pt 1

First, let's just face it. For the next couple of years, at least, this is the end of any progress on jobs or the economy. Democrats will probably have to spend most of their time defending what they've gotten done. Whatever legitimate gripes progressives had with the...

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