Washington: Totally Disconnected From Main Street
Can you hear me calling you? -Mike and The Mechanics Mark Twain said that when he died he wanted to be in Kentuck...
Can you hear me calling you? -Mike and The Mechanics Mark Twain said that when he died he wanted to be in Kentuck...
Since the likelihood of more federal stimulus packages is low -- unless they're called something like a "jobs bill" -- this will mean more pain and an even slower economy.
Ask your neighbors over for a potluck Thanksgiving feast, just like the Pilgrims invited the Native Americans. Once you've enjoyed their delicious offerings, kill them and steal their possessions and property.
We must stop subsidizing speculators with cheap funding and tax breaks. We have to hold people accountable for malfeasance, break up large financial institutions, and allow them to fail.
Obama promoted the architects of the financial disaster and demands that we hail them as heroes because they, and Wall Street, only wrecked the economy -- they haven't (yet) utterly destroyed it.
The business cycle is not dead. America has many coping mechanisms to deal with the current hangover. As it has before, this country will unleash the innovative, hard working and productive side of its citizens.
On Monday night we posted Tyler Durden's breakdown of the SIGTARP audit of the AIG bailout. Will this report resurrect the Fed Audit movement now that...
With less than seven weeks to go before we're in 2010, you'll soon be bombarded with Wall Street's annual new year's forecasts. You can be sure the predictions from the brokerage community will be decidedly rosy.
Some so-called "ethical" businesses are not only not operating ethically, they are playing on the entire "ethical/social/free trade" branding, using it for personal profit-making and benefit while empowering no one but themselves.
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?
Many economists are advocating aggressive spend-and-borrow policies to revive the financial crisis-hit U.S. economy that reflect an astonishing degree of naïveté and ivory tower hubris.
As a psychotherapist I've done my share of counseling squabbling couples and have learned to looking for common ground. Lately I've begun to apply this method to politics, with some fascinating results.
Last Wednesday, a media firestorm erupted after a seventeen-year-old girl named Jackie was interviewed by MSNBC's Norah O'Donnell while standing in line during Sarah Palin's Michigan book signing.
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.
It's truly touching that Goldman Sachs' CEO Lloyd Blankfein, who recently said that his too-big-to-fail, Fed-backed holding company is doing "God's wo...
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.