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Republican War Against the American People: "We Will Allow Total Economic Collapse"

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

Republican Congressional leadership confirmed that they oppose financial reform and that they oppose breaking up the big banks. That, my friends, is a Republican Declaration of War against the American people

Dems Losing PR Wars on Banks, Too

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

Democratic policies and the terms of the debate must be changed. Yes, we all lost some money as "taxpayers," but that pales in comparison to what we lost as participants in the economy.

Focus Financial Reform on the "Too Big" Part: That's What Will Prevent Economic Collapse

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

It is the devastating "collateral" damage to the rest of the economy -- you and me -- that a big bank failure causes that should be absolutely prevented.

Inadvertently, CNBC's Larry Kudlow Makes Strong Case for Breaking Up the Big Banks

Paul Abrams | Posted 05.25.2011 | Business
Paul Abrams

A firm's failure should not matter to anyone but its management, employees, shareholders and creditors. But better regulation will not suffice for us to fix this. Only breaking up the big banks will work.

Green Screen Challenge: How Would You Break Up With Your Bank?

Nathan Havey | Posted 05.25.2011 | Business
Nathan Havey

While Cupid may have you with your head in the clouds, you are probably in the midst of a very dysfunctional relationship...with your bank that is.

On Valentine's Day: Love Your Sweetheart, But Break Up With Your Big Bank

James Boyce and Paul Abrams | Posted 05.25.2011 | Business
James Boyce and Paul Abrams

How does moving my $900 savings help? Just like every vote counts, every decline in deposits of the big banks makes them nervous. When they have lost 10% of their deposits, they will start listening.

My Response to JP Morgan's Jamie Dimon: More to Life Than Efficiency

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

Juxtaposed against the harm big banks have already and can do again, JP Morgan CEO Jamie Dimon's arguments for scale, even if true, are woefully inadequate.