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Entries by Robert Kuttner from 02/2012

Showdown for the Banks, Showtime for Obama

| Posted 02.05.2012 | Business
Read More: Robo-Signing Settlement, Housing Crisis, Foreclosure Crisis, Subprime Mortgages, Robo-Signing, Mortgage Fraud, Mortgage Settlement, Obama Mortgage Plan, Mortgage Fraud Settlement, Business News

If the mortgage settlement turns out to be the final installment of relief for homeowners, it will be a colossal failure, both as economics and as justice.

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Saving the Middle Class

| Posted 02.12.2012 | Business
Read More: Losing Ground, Charles Murray, Labor Unions, Coming Apart, New York City Hotel Union, New York Hotel Workers, Workers Rights, Middle Class, Workers Wages, Business News

The same diligent workers who earned decent wages a couple of generations ago are now working just as hard for a lot less. The fact is, American productivity has nearly doubled in a generation. The problem is that the fruits of that productivity have gone to the wrong people.

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The Radical Center We Don't Need

| Posted 02.19.2012 | Politics
Read More: Elections 2012, Third Party, Thomas Friedman, David Walker, Third Party Candidate, Austerity, Americans Elect, Politics News

A secretive independent party financed by hedge fund and private equity plutocrats is not only a blight on the democratic process. It could end up being a dangerous wild card in a momentous election.

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The Volcker Rule: Return to Sender

| Posted 02.26.2012 | Business
Read More: Bank Reform, Tim Geithner, Volcker Rule, Larry Summers, Financial Crisis, Paul Volcker, Barack Obama, Glass-Steagall, Business News

Paul Volcker deserves better. In the hands of Tim Geithner's Treasury, the Rule named for Volcker supposedly limiting speculative mischief by government-guaranteed banks is fast becoming a cumbersome parody of itself.

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