Who Impugns Hillary’s Integrity?

In the last Democratic debate, Hillary Clinton accused Bernie Sanders of impugning her integrity by raising her support from Wall Street bankers. But it isn't Bernie who is doing the impugning, it's her Wall Street donors themselves.
Robert Borosage
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Five Reasons Glass-Steagall Matters

What does a banking law passed 75 years ago and repealed 16 years ago have to do with the 21st century economy? As it turns out, a lot – and thus it became a major issue in Saturday's Democratic presidential debate.
Richard Eskow
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The Rigging of the American Market

As long as the big corporations, Wall Street banks, their top executives and wealthy shareholders have the political power to do so, they’ll keep redistributing much of the nation’s income upward to themselves.

Sanders Pushes Postal Banking

We have millions of "unbanked" Americans. The U.S. Postal Service needs to expand its services. Postal banking is an idea whose time has come, and Bernie Sanders is highlighting his support.

Clinton vs Sanders vs O’Malley On Fixing Banking

Which Democratic candidate will take on the banks? They all have proposals that increase regulation and likely break up the biggest banks. But will their administrations enforce those as well as existing regulations if elected?

How Not To Give Employees A Raise

Paying to get good behavior would reward bad behavior, completely absolving CEOs and wealthy shareholders of their guilt in creating today’s gross inequality.
Jim Hightower

Shielding Wall Street from the Ravages of Bigotry

Former right-wing senator Phil Gram seems to have developed a new empathy for people who are demonized. He turned up on Capitol Hill recently, wailing that overpaid corporate chieftains are actually — get this — victims of public bigotry.
Jim Hightower

This Symphony Sounds Like a Wall Street Scheme

"Symphony" is a chat system that claims it would would prevent government spying for Wall Street. This is why it's important to ask exactly what that means.
Cormac Close

Meet The Billionaires Who Pillage Under the Shield of Philanthropy

America’s parasitical oligarchs are masters of public relations. One of their favorite tactics is to masquerade as defenders of the common folk while neatly arranging things behind the scenes so that they can continue to plunder unimpeded.
Lynne Stuart Parramore

Hillary on Quarterly Capitalism: Big Challenge, Timid Reform

Hillary Clinton has opened a "conversation" about what she calls "quarterly capitalism," the perverse incentives that lead corporations to focus on the short-term over the long. Her reforms, however, don't match her rhetoric
Robert Borosage

Cheaters Never Win … Unless the SEC Lets Them

Dodd-Frank was an attempt to make sure executives could not profit from cooking the books, but unless the SEC cracks down on accounting fraud, executives still have every incentive to fire up their burners.
Cormac Close

Bank Reform Five Years Later: Still Incomplete

Today is the fifth anniversary of the passage of Dodd-Frank, the complicated legislation designed to reform Wall Street after it blew up the economy. With finance still bloated, much more needs to be done.
Robert Borosage

These Loans ‘Should Most Definitely Be Illegal’

The story of one borrower from a payday lender shows why it's important, at least as a first step, for the Consumer Financial Protection Bureau to implement tougher regulations to protect consumers.
Cormac Close

On Shark Week, Watch Out For These Financially Vicious Sharks

Loan sharks, in the form of payday lenders, claim more victims each minute than aquatic sharks do in a year. But unlike the shark attacks you see on Discovery Channel, there are surefire ways to prevent getting bitten.
Cormac Close

Tell Obama and Congress to Stop the Squeeze on Greece

A petition launched today calls on President Obama and Congress to urge the European Central Bank to support the Greek banking system while negotiations continue toward "a fair agreement" for the Greek people.
Isaiah J. Poole

The GOP’s Latest Covert Attack on Banking Regulation

Despite the fact that 760 banks were important enough to be bailed out by taxpayers in 2008, the Senate Banking Committee approved legislation that would remove the "too big to fail" designation from all but six.
Cormac Close

Warren to SEC Chair: “Step Up” (Or Step Down)

Sen. Elizabeth Warren has issued a stinging 13-page indictment of the leadership of SEC Chair Mary Jo White. The financial lobby howled its outrage, which should tell the rest of us that Warren got it right.
Robert Borosage

The Big Banks Are Corrupt – And Getting Worse

The repercussions of the latest Justice Department deal with felonious big banks were limited to a few headlines and some scattered protestations. That’s not enough. Our financial system is corrupt by design.
Richard Eskow

Celebrating the Flash Crash with a Wall Street Sales Tax

This week marks the fifth anniversary of the Flash Crash; when the stock market lost almost 9 percent of its value from its opening level, within 5 minutes. The market quick recovered, but the crash revealed its extraordinary instability.
Dean Baker

The Unfinished Business of Financial Reform

We know what changes we need to make financial markets work better. The key steps aren’t hard. It just takes political courage and a strong demand from the public to complete the unfinished business of financial reform.

America’s Billionaires Owe You a Thank You Note

This tax season, America’s billionaires are toasting you, the ordinary taxpayer. That’s because you’re the one picking up the tab for our nation’s ailing infrastructure of roads, bridges, and rail transport, among other things.
Chuck Collins

Big-Bank Bad Guys Bully Democracy – And Blow It

They've cheated customers and defrauded investors. Now they want to use our legalized system of campaign-cash corruption to protect themselves from the very government that rescued them.
Richard Eskow

A Voice for Workers at the Federal Reserve

The Federal Reserve Board is deciding when to raise interest rates. Its decisions will decide if millions of Americans get jobs or pink slips, whether wages rise or stagnate. Workers need a voice in those deliberations.
Robert Borosage
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