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Why Is The FDIC Helping Banksters Avoid Trial?

The Federal Deposit Insurance Corp is supposed to insure deposits and regulate banks, but the agency has helped the banksters avoid trial for their crimes since the 2008 financial meltdown. The LA Times reports that the very agency responsible for investigating and...

Back On The Chained-CPI Gang

Just FYI, White House National Economic Council director Gene Sperling said today on his Reddit chat that the president really prefers the Chained CPI and that it's not just an inducement to get the Republicans on board with the Grand Bargain. This may sound obvious,...

New Bill Sets Up National Manufacturing Skills Credential

The AMERICA Works Act would establish a national credentialing system for manufacturing skills like welding and machining. Sen. Kay Hagan D-NC, Sen. Joe Donnelly, D-Ind. and Sen. Dean Heller, R-Nev. are co-sponsoring the bill. The Winston-Salem Journal explains, in...

Once Upon a Time, Corporations Paid Taxes

The current European revolt against CEO greed, if successful, might leave Corporate Europe looking just like Corporate America — in the 1950s. In America today, the New York Times reports, we’re living in “a golden age” — for corporate profits. These earnings have...

A Smart and Principled Plan to End 'Too Big to Fail'

The CEO and Research Director of the Federal Reserve Bank of Dallas have written a clear, smart, and principled proposal for reforming our banking system, and for managing the moral and financial crises our too-big-to-fail banks have caused and perpetrated. The plan...

Will The Media Cover The "Back To Work" Budget?

For the past 24 hours, the media has dutifully reported on the budget proposal from Rep. Paul Ryan, even though everyone knows it is extremely unlikely to become law. That’s fine; it’s not the media’s job to short-circuit debate. It’s the media’s job to report...

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