by Digby | Aug 26, 2013 | Economy, Financial Reform
This excerpt comes from a piece by Michael Winship on how much Washington has changed since the Nixon years. The social and cultural changes are quite striking. But this says it all: [T]he biggest difference between then and now, as the great Washington journalist...
by Thom Hartmann | Aug 23, 2013 | Democracy, Economy, Financial Reform
This won't come as a surprise to many of you, but unless you are an bankster or a billionaire, you're not being represented in the United States Senate. According to a new study published in Political Research Quarterly, Senators in the last five Congresses have...
by Thom Hartmann | Aug 19, 2013 | Conservatism, Economy, Financial Reform, Health
It turns out that Republican obstructionism is quite costly for big business. A new report from the Huffington Post found that the U.S. Chamber of Commerce isn't getting much return for the $69.5 million dollars they invested in Republican candidates in the last two...
by Thom Hartmann | Aug 16, 2013 | Economy, Financial Reform
The bankers, billionaires, and wealthy elite are losing one of their favorite offshore tax havens. The Cayman Islands has finally agreed to cooperate with the U.S., and make it more difficult for the wealthy to stash money overseas. Officials in that nation have...
by Dean Baker | Aug 14, 2013 | Economy, Federal Reserve Chair, Financial Reform
The supporters of Larry Summers drive to be Fed chair are desperately trying to rewrite history so that this world class champion of financial deregulation was actually a prescient supporter of tighter regulation all along. Exhibit A in this historical rewriting is a...
by Robert Borosage | Aug 7, 2013 | Federal Reserve Chair, Financial Reform
The chattering classes are fascinated by the Republicans’ internecine battle to redefine the party in the wake of the George W. Bush calamity and the Mitt Romney defeat — from Senator Rand Paul’s revolt against the neoconservative foreign policy, to intellectuals...
