With Mitt Romney's likely victory at the GOP convention, voters are left with only two reasons to vote against Barack Obama: Either they are desperate to return a white man to the White House or they feel strongly that it is time to break the glass ceiling denying Mormons the presidency.
"As of February 2012, the [United Auto Workers] trust holds a 41.5 percent stake in Chrysler and a 10.3 percent stake in General Motors," according to...
Clearly people comfortable in the Washington-Wall Street axis have no sense of shame. They know all too well what Goldman and the other financial swindlers have been up to, causing so much misery for tens of millions throughout the world.
If you decided to spend down all of the assets of the Bill and Melinda Gates Foundation (by far the largest foundation in the United States), it would fund the federal government for about 80 hours.
JPMorgan Chase CEO Jamie Dimon recently said that he felt safer in Lebanon than when Occupy marched past his house. If nothing else, it proves Wall Street bankers haven't gotten any better at risk management than when their bad bets crashed the economy and caused the Great Recession.
There are lots of catch-22s in this terrible crisis, and they should have been taken into account when the eurozone was first established.
Our nation is facing a crisis -- with vast domestic and worldwide implications -- that can only be addressed by thinking out of the box about education.
This auto industry recovery is an example of both parties working together to help save a national treasure in our auto industry and preserve jobs in industries that depend on auto manufacturing.
There is little doubt that the global financial crisis posed "unusual and exigent" circumstances that had to be met with a huge response by the Fed (and Treasury). It is not clear, however, that the response actually mounted was legal. It was certainly not transparent.
Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.
It's like saying rather than drowning in a lake 50 feet deep, you get to drown in a lake that is only 30 feet deep. And, people are taking victory laps? You don't believe any of that and still think what the politicians said about punishing the banks was true?
Not in everything, but definitely in this, the founders were right. The financial industry got too powerful, and they assumed and operated as if they were above the law. And the rest of us paid a huge price, and are paying it still.
Take the money out of politics, protect Americans right to vote, and make it easier for more Americans to exercise their Constitutional rights -- three issues it's hard to oppose and can help bolster your credentials as a man of the People, Mr. President.
The following conversation did not take place... but wouldn't it have been interesting if it did? Geithner: Glad I found you. We really need to talk...
If Obama meant what he said in Tuesday's State of the Union address about holding the financial industry responsible for its scams, why did he appoint the old Clinton crowd that had legalized those scams to the top economic posts in his administration?