Early this year President Obama spoke before the Cleveland Club. After the speech 7th grader Alura Winfrey inquired, "If you could go back to the first day of your first term what advice would you give yourself?" Obama reflected for a moment and then blithely explained he would have worked harder to sell his economic policies.
Protecting the American people from another devastating financial crash and the economic wreckage it causes begins with reflecting honestly about the past and trying to learn the right lessons.
Today, the Earth got a little hotter, and a little more crowded. ...
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Coal is a dead man walking because of two fundamental reasons: the revelation of the true cost of its deadly pollution and the booming clean energy economy. Both reasons disproportionately impact the Latino community.
They were summoned and most did come, traipsing over to the 51st floor of the Bank of America Tower in lower Manhattan. Others in distant climes signed on to a secure conference line.
On Monday, Hillary unveiled her economic agenda for strengthening the middle class. But looking at solutions like raising the minimum wage is only half the story. To evaluate the bigger picture, a review of Hillary's history with the banking industry is necessary.
Three strikes and you are out in baseball. Three strikes -- irrespective of the crime -- and you're in prison long-term in the United States. Now, the bankers need to be subjected to the "Three Strikes and You're Out" rule.
The promise of America is that anyone who works hard and plays by the rules can earn a middle-class life. That promise is betrayed when the system provides a tiny class of Americans with special treatment, including a get-out-of-jail-free card when they commit fraud to make untold millions.
When the assorted Middle Eastern Sheiks, Kings, and Crown-Princes troop to Camp David this week for a meeting with President Obama to discuss America's rapidly warming relationship with Iran, they would do well to recall one of geopolitics eternal truisms.
The past, especially the political past, doesn't just provide clues to the present. In the realm of the presidency and Wall Street, it provides an ongoing pathway for political-financial relationships and policies that remain a threat to the American economy going forward.
No one needs to remind us of the cataclysmic U.S. economic crisis and resulting great recession beginning in 2008, primarily caused by excessive speculation in housing mortgage financing and the leveraging of exotic financial instruments.
If New York AG Schneiderman's proposal becomes law it may create another lucrative revenue stream for potential do-gooders; one that may rival the New York State lottery in payouts.
They've cheated customers and defrauded investors. Now they want to use our legalized system of campaign-cash corruption to protect themselves from the very government that rescued them.
It's too early to say we've hit a tipping point, but when big players from big tech to big oil all start to move, it certainly feels like perhaps the times are a changin'.
Heretofore, I'd conceptualized the "morphmom" movement as a growing wave of individual moms who've managed, in a brave new world, to successfully juggle the stay-at-home approach to parenting while at the same time achieving whatever it is they've always wanted to do.