The aftermath of what many consider the worst presidency in our history has damaged the GOP, and party leaders choosing an entire roster of out-of-touch candidates in 2012 shows the damage is ongoing.
People interviewed in Inside Job claim that finance professionals deserve their money. But can someone rationally argue that someone earning $30 million/year works 1,000 times harder than someone earning $30,000/year?
Clinton betrayed the wisdom of Franklin Delano Roosevelt's New Deal reforms that capitalism needed to be saved from its own excess in order to survive, that the free market would remain free only if it was properly regulated in the public interest.
The big cop-out about the banking meltdown has been the argument by those most complicit that there was "enough blame to go around" and that no institution or individual should be singled out for accountability.
We cannot let the message machine of the Republican Party lull voters into universal amnesia. Remember these are the same guys that put the nails in the coffin cementing the potential extermination of the middle class.
A couple weeks ago a reader shared word with the Huffington Post of a tent city in Virginia, about an hour outside of D.C., where tons of middle class...
The biggest economic meltdown in the US since the Great Depression continues to erode fundamental human rights. The collateral damage of the financial crisis is stupendous.
Today's world is an interconnected, interdependent, diverse, unpredictable and unstable global community. And that's created new psychological challenges for everyone, challenges that require a highly proactive mentality.
The president likes to say, "If you like the health insurance you have now..." The problem is that much like your utter lack of financial security, the health insurance you have now... sucks.
Despite the headlines and the page-one, right-hand column, above-the-fold stories in the New York Times and Washington Post on Saturday, I'm not at al...
Goldman Sachs, the giant vampire squid,
wrapped around our faces with a funnel,
sits upon a Ponzi pyramid,
preventing light to shine within its tunnel...
I sat down recently with Peter Kraus. In December, at the height of the market turmoil, he became Chair and CEO of Alliance/Bernstein of New York, one of the world's largest asset management firms.
A world expert on economics delivered a cogent and optimistic analysis of the meltdown, its causes, its cure and its effect on the future at the recent Global Business Forum in Banff, Alberta.
But as the sordid details of the economic meltdown are revealed, it's clear that Gordon Gekko has nothing on the real corporate supervillains walking freely among us today.
I'm not advocating dining and dashing (except on special occasions). Nor am I suggesting we return to the old ways of hunting and foraging for sustenance (a practice often referred to as "stealing" these days).
Mass media thrives on melodrama, and so does modern politics. We became addicted to the scary side of the economic meltdown -- the term itself is a piece of verbal melodrama.
I talked recently to Dr. William Fisher who gives tips on ways to reduce stress on your own as well as providing some warning signs on when you should seek professional help.