by Richard Eskow | Oct 5, 2010 | Blog, Financial Reform
Remember 2003, when so many Americans hated France for refusing to participate in the Iraq invasion? The airwaves were filled with insults about "effete" and "cowardly" Frenchmen, the phrase "cheese eating surrender monkeys" was on lips across the nation, and rich...
by Zach Carter | Oct 5, 2010 | Blog, Financial Reform
I didn't expect to see serious economic policy discussions in the "Republican Pledge To America," but even by Washington, D.C. standards, this document is staggeringly disingenuous. Not once in the entire 48-page screed do Republicans mention the words "Wall Street,"...
by Terrance Heath | Oct 5, 2010 | Blog, Economy
A dear departed friend of mine, Alex, was know for saying "We all have choices." It was usually in the form of advice and/or a warning to a friend who was about to make a disastrous choice, with serious implications for his or her future. The not-so-thinly...
by Dave Johnson | Oct 5, 2010 | Blog
A new example today of the consensus that has formed on confronting China's trade practices: At the America’s Fiscal Choices conference today economists Paul Krugman, Martin Feldstein and Jan Hatzius all agreed on the need for the dollar to fall. Last week, in...
by Zach Carter | Oct 5, 2010 | Blog
Today’s absurd William Cohan column actually argues that we don’t need consumer protections in banking—nevermind the subprime explosion, the $8 trillion dollar housing bubble or the 1.2 million foreclosures expected this year. Nevermind the $38 billion in overdraft...
by Zach Carter | Oct 5, 2010 | Blog, Financial Reform
Of the universal-policy-bloggers who occasionally wade into financial waters, Matt Yglesias is generally one of the best. But sometimes he's just flat wrong, and his post today on financial profits is one of those times. Matt argues that looking to financial profits...