by Richard Eskow | May 19, 2010 | Blog
Things have been moving pretty quickly lately in the interlocking worlds of politics and financial reform. While there is a lot we don't know, here are three statements we can probably make with a high degree of certainty: 1. If the banks had been on the ballot...
by Zach Carter | May 19, 2010 | Blog, Financial Reform
UPDATE 1:00 P.M Dodd just tried to move on amendments by Sens. Snowe, R-Maine, Landrieau, D-La., Vitter, R-La., and Whitehouse, D-R.I., and then proceed to the cloture vote. Sen. Carl Levin objected, presumably because his amendment to implement the Volcker Rule was...
by Zach Carter | May 19, 2010 | Blog, Financial Reform
Few realized it at the time, but Senator Chris Dodd's political career ended on June 12, 2008. That day, Portfolio magazine published its blistering expose on Countrywide Financial's "Friends of Angelo" program, naming the Democrat from Connecticut as one of the top...
by Robert Borosage | May 19, 2010 | Blog
What was the message of Tuesday's elections? Clearly the base voters of both parties are unhappy and looking for change. Incumbents are at risk. Politics as usual is unappealing. Conservatives in both parties are spinning this as a protest vote about deficits and...
by Isaiah J. Poole | May 19, 2010 | Blog
If trade expert Clyde Prestowitz’s latest book, “The Betrayal of American Prosperity,” were a television series, one segment would open with this voiceover: “This episode of ‘The Betrayal of American Prosperity’ is brought to you by Intel.” A group of Chinese workers...
by Isaiah J. Poole | May 18, 2010 | Blog
On a day in which voters in Arkansas, Kentucky and Pennsylvania are heading to the polls in what is being widely described as an anti-politician, anti-government rage, and with a particularly strident strain of conservatism portrayed as on the ascendancy, it might...