What's an Underemployed Gal to Do? Run For Office.
The experience of running convinced me that women have a tremendous natural ability for politics. We just have to get over our fear of it and go for the brass ring.
The experience of running convinced me that women have a tremendous natural ability for politics. We just have to get over our fear of it and go for the brass ring.
These solutions come from people who seek to change the mega-casino our government has built back to one built on investors, innovators and workers creating things that benefit society.
The current custodian of America's wealth, Treasury Secretary Tim Geithner, is not doing a good job. The time for corrective action is now.
This Thursday, October 8, my son the Juban Princeling will turn one year old. I know it's a cliche to say so, but I can't believe he's a year old already!
We must demand that our politicians stop serving those whose business models are based on systemic theft and start serving those who seek to create value for others.
If our bloated federal bureaucracy can figure how much its troubled assets are worth, why can't the bailout-munching banks?
No not really! Obama's proposed credit card crack down does not go far enough. It certainly is a first step, but his team has got to get much tougher on the financial institutions.
According to Dr. Kevin Fenton, director of the National Center for HIV/AIDS at the CDC, one in 30 black women will be diagnosed with HIV at some point in her lifetime. That is unacceptable.
I am submitting this post on behalf of Dan Smith, who I met through working with Brave New Foundation to address the housing crisis. Dan lost his hom...
KPMG is being sued for $1bn by the liquidators of New Century, the collapsed subprime lender, in the first big case against an auditor arising from th...
Financial skulduggery, judging from the latest and sharply increasing number of stock trading investigations, is unmistakably on the rise.
How has a popular Democratic president with a convincing electoral mandate failed to translate the opportunities of recent events into the "change" for which voters clamored?
It seems every news story about the AIG bonuses now makes reference to anonymous death threats that are pouring into the company. I started making left-wing political cartoons one month after 9/11. I got my share of nasty emails.
Anybody who hasn't been living in a cave knows how bonuses got a bad name: excess and greed in large business. But what those of us in small business, where a bonus is a reward for a job well done?
What if the regulators were better rewarded for their efforts? Much better rewarded? What if they could keep some hefty percentage of the proceeds of every scam they uncovered, every scheme they shut down?
Tim Geithner's actions throughout his career, including his time as Treasury Secretary, are proof that the toxic thinking that got us into this mess is part of his DNA.
If AIG were to donate the 418 bonuses to charity, it would be a brilliant preemptive PR move to neutralize its current out of touch public persona. Here's what the money could provide.
New York is the national epicenter of ostentation and consumerism. Now those qualities are considered tasteless. Wealth has become a dirty word.
The indignation over AIG will serve a useful purpose if it focuses public attention on the much larger issue of the failure of the entire approach that Tim Geithner and Larry Summers are using to rescue the banking system.
The AIG "tax" bill passed by the House (and supported by President Obama) is retroactive. It taxes income at a special rate retroactively. Taking property without due process of law.
There was no risk management on Wall Street, there was mostly excessive risk-taking. And it was largely due to outsized bonuses that rewarded risky banking while penalizing minimally for losses.