by Richard Eskow | Oct 5, 2010 | Blog, Financial Reform
Remember 2003, when so many Americans hated France for refusing to participate in the Iraq invasion? The airwaves were filled with insults about "effete" and "cowardly" Frenchmen, the phrase "cheese eating surrender monkeys" was on lips across the nation, and rich...
by Zach Carter | Oct 5, 2010 | Blog, Financial Reform
I didn't expect to see serious economic policy discussions in the "Republican Pledge To America," but even by Washington, D.C. standards, this document is staggeringly disingenuous. Not once in the entire 48-page screed do Republicans mention the words "Wall Street,"...
by Zach Carter | Oct 5, 2010 | Blog, Financial Reform
Of the universal-policy-bloggers who occasionally wade into financial waters, Matt Yglesias is generally one of the best. But sometimes he's just flat wrong, and his post today on financial profits is one of those times. Matt argues that looking to financial profits...
by Richard Eskow | Oct 1, 2010 | Blog, Financial Reform
All the major banking institutions say the right things about race and equality. They all have diversity programs. A few financial industry leaders, like Robert Rubin and Jamie Dimon, even support socially liberal causes. Yet the banking industry covertly uses payday...
by Bill Scher | Sep 30, 2010 | Blog, Financial Reform
Reasonable people can disagree about the merits of the Wall Street bailout. But you can't reasonably believe we should use taxpayer money to bail out irresponsible bankers and do nothing to insist bankers start behaving responsibly. As my colleague Zach Carter just...
by Zach Carter | Sep 30, 2010 | Blog, Financial Reform
A full 90 members of Congress who voted to bailout Wall Street in 2008 failed to support financial reform reining in the banks that drove our economy off a cliff. But when you examine campaign contribution data, it's really no surprise that these particular lawmakers...
