Demonizing Goldman Leaves Wall Street Off the Hook
This week's favorite game was attacking Goldman Sachs for its outrageous compensation system, including expectations that the total bonus package f...
This week's favorite game was attacking Goldman Sachs for its outrageous compensation system, including expectations that the total bonus package f...
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.
The next time you see a picture of a tea party protest, look closely and try to identify anyone in that crowd under the age of 30. If you identify as...
Did Goldman and the other banks know for certain that the bankruptcy of AIG was no longer a risk for them? That the Fed and Treasury were now irrevocably committed to saving AIG?
I was watching Obama speak to those Shanghai students during his big Asia trip, and suddenly I remembered my '80s high school Spanish class. My teache...
Congress is moving at a pace that can fairly be characterized as astonishingly fast to slash the number of Americans who lack health insurance by more than half.
Michael McCarthy, a former linebacker, and current chief executive of NXT Nutritional Holdings is used to taking hits. But now he is trying his luck in a much riskier arena: Wall Street.
How can you have a recovery if the party that caused the crash refuses rehab? The economy is like traffic: It moves along fine if all the moving pa...
It might have seemed unfathomable back in 2001 to think that this war would have gone on so long, but here we are eight years in and no end in sight.
We must measure our true economic progress by a different metric: the number of career-track, green jobs that we create for those Americans who need them most.
While Obama posed for photos on the Great Wall and talked about a relationship "at an all-time high," China continues to take our lunch money.
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.
For FDR's administration, the notion of a "jobless recovery" would have been an anathema.
We have been hoodwinked into believing that a mutant form of capitalism espoused by Milton Friedman and promoted by President Reagan and every president since is acceptable.
At the end of the day, don't succumb to populist panic. Capitalism works and is on its way to a recovery if we just sit back and let it happen.
As long as our economy is structured to pass everything up to a few at the top, stimuli can't work well, and jobs bills can't work well, either. Neither can anything else.
Last weekend, NOW on PBS aired an insightful, hard-hitting interview with Elizabeth Warren that moved much of our audience to write in with their opin...
Losses of wealth, lost employment and economic activity and bailouts totaling trillions of dollars around the world are strong evidence of the failed structures of financial markets in their current form.
What CEO bypasses shareholders in an attempt to buy off public outrage over billion dollar bonuses if such outrage isn't justified in the first place?
Many features in our current financial system were also present in the financial system at the outbreak of the Civil War. The lesson we can learn is that reform will take radical steps over a long time.
You know the world is changing when the president's first trip to Asia is defined by a new U.S. foreign policy dubbed "strategic reassurance" - convin...