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Obama "Pay Czar" Contradicts G20 Claims

This story just hit the news: "Pay czar" will not cap compensation, reveal names. (Apologies for using the idiotic Glenn Beck term "Czar" to describe an adviser to the President, but Reuters felt it was appropriate to use Glenn Beck's framing, so I have to in order to...

The Failure To End "Too Big To Fail"

The facts, as Wall Street insider-turned-investigative journalist Nomi Prins laid them out Thursday in her talk at the Economic Policy Institute, are a damning indictment of the performance of our politicians. One year after a frenzy of financial industry bailout...

G-20 - Getting Down To Business

Today the world leaders attending the G-20 Summit get down to business. The main issues are economic restructuring to prevent another collapse, addressing trade imbalances, and discussions of climate change solutions. But the overriding issue for all of us boils down...

G-20 Promises: What They Mean

The G-20 Summit is wrapping up today. We can compare its performance to promises made in advance. Leaders discussed financial markets, of course, but they also made promises about jobs and work. Some highlights: “3. We must promote employment through structural...

G-20 Thursday – CAN The World Govern Itself?

A while back I read a blog post by Kim Cranston, of Transparent Democracy, Humanity's Greatest Challenge and Its Solution. That post stuck with me. Kim wrote, Climate change is not humanity's greatest challenge… Neither are pandemics, nuclear proliferation, water...

G20 Thursday -- Slow And Quiet, For Now

I took a walk across town to the United Steelworkers building, which turned out to be pretty much deserted. I walked down the main streets where the businesses were largely closed, the sidewalks were ... deserted. Except for lots of cops. The office buildings are...

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