We should give strong consideration to nationalizing the largest banks in order to run them like public utilities. We also should consider placing banking employees into the civil service system to end the ridiculous wage distortions.
If the Obama team wants to earn back some goodwill concerning the banks, they have to do better than the lame excuse of "we had to do it." They didn't have to do it this way. There were many other possibilities.
Lots of people on the right and left agree about the problems with the bailouts and the White House has no answers for them. How do you think that will play at the polls?
We need corporate reform by way of requiring all shareholders to approve all pay of all executives at all publicly traded corporations. Only then will this looting insanity end.
Weatherization should be the Democrats' dream program. In one fell swoop you create jobs, reduce living expenses, improve national energy security, enhance business profitability and confront global warming.
The real surprise is not that FHA might need an infusion of funds in the midst of an historic disruption in the housing market, but that it has fared so well until now compared to private bank lenders.
By Zach Carter, Media Consortium Blogger By proposing financial reforms that won't curb Wall Street excess, U.S. policymakers have offered an unaccep...
The Department of Agriculture reports that 49 million Americans don't have enough food. That's up 13 million over the last year and is highest number ever recorded since the survey began 14 years ago.
Here's my interview with Charlie Gasparino, author of "The Sellout". In addition to calling the SEC "inept," watch to the end when he describes Wall S...
The economic meltdown we narrowly averted last year rightfully convinced the American people that we need to re-examine the fundamental structure of our financial system. Naturally, Wall Street disagrees.
Galbraith reportedly got himself a $100 million piece (or more) of a Kurdish oil field. Hall's oil trading scams are picking our pockets by driving up the price of oil just enough for him to make a killing.
A column in the Business section was about how the American worker is overpaid. They claim that if workers don't take cuts, these "overpaid" working stiffs will be the cause of another Great Depression.
If we must resort to handouts to save our country, let's at least put them in the hands of the most deserving. We should start with the roughly 2 million veterans who served in Iraq and Afghanistan.
The only thing worse than Goldman Sachs amassing billions in bonus money for its executives, based on various government subsidies and bailout measures, is listening to it try to explain it all away.
The Billionaire Bailout Society is not a shared society. We're not in it together. What's good for Wall Street is not good for the rest of us...they even get their swine flu shots before we do.
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.
While we can't decisively compare outcomes of choices that were made to alternative choices, we can ask why certain decisions haven't even been tackled.
With the announcement of record Wall Street bonus pools and rising credit card fees, it is time to sit back and see where we go from here.
The current custodian of America's wealth, Treasury Secretary Tim Geithner, is not doing a good job. The time for corrective action is now.
We can either prop up the billionaire bailout society as Geithner wants or we can begin the necessary process of breaking it up. You know what the financial interests want.
When it comes to carhaul drivers, automakers are failing to meet their end of the bailout bargain and taxpayers should hold them accountable.
