To mobilize the Democratic base, the president and Democrats in Congress are going to have to do things much differently -- fight much harder, battle much more visibly and act much more boldly than they have in recent years.
Complex financial schemes and investment theses lend themselves to inefficiency and un-internalized risks. That's why investors may want to take a look at consumer products. As consumers themselves, they "speak the same language."
Elizabeth Warren is one of the most exciting and uplifting Democratic candidates in many years. Todd Akin and Richard Mourdock will leave a different legacy in this election: They dramatize the Republican problem with women, and the Republican problem with rape.
I am also a product of the middle class whose only real path to success was through my education, my imagination and my ability to execute. Honestly, these values I believe are basic human values and basic American values. That's why I believe in a strong middle class.
President Obama will claim the economy is improving -- and, technically, it is. Growth this year will most likely average around 2 percent. The problem is, most Americans aren't feeling it in their paychecks.
Today, especially thanks to Occupy Wall Street, we know how economic inequality had grown while the people with the most money in society work the hardest to not pay their fair share. They have been resisting for years, "legally," they claim.
Simply passing a bill designed by the Chamber of Commerce and the banks is a cheap move to appease donors and those whose economic theories have been proven wrong at every turn over the past several decades. But that is, unfortunately, what we have come to expect.
The Senate will vote today on whether to adopt the main provisions of the House bill. Passing this bill would be a major public policy mistake -- akin to the disastrous (and bipartisan) deregulation of the financial sector in the 1990s.
Credit unions serve more than 90 million Americans and play a key role in supporting our economic recovery. Unfortunately, current law imposes requirements which unfairly penalize healthy credit unions for growing to meet the needs of their members.
Overwhelmingly, members of the CFA Institute are against the "JOBs" bill as it currently stands. According to a survey released yesterday, and available through MarketWatch, 33 percent of CFA members in the U.S. think that the Senate should "not pass this bill."
With the so-called JOBS bill, Congress is about to abandon much of the 1930s-era securities legislation that both served investors well and helped make the U.S. one of the best places in the world to raise capital. We find ourselves again on a bipartisan route to disaster.