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Obama Struggles To Bring Back Jobs, With Those Of Fellow Democrats On The Line

AP | JULIE PACE | Posted 05.25.2011 | Politics

OTTUMWA, Iowa — President Barack Obama on Tuesday warned of harassment against Hispanics under Arizona's tough new immigration law, saying such ...

Coloradans Challenging Wall Street on Main Street This Week

T.A. Taylor-Hunt | Posted 05.25.2011 | Denver
T.A. Taylor-Hunt

The sidewalk outside the Wells Fargo Bank office at 17th & Broadway in Denver will host two Main Street actions in support of strong financial reform legislation in the U.S. Senate.

Friday Talking Points [129] -- Incrementalism Wins Big

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

We're going to begin today with the news that a popular New Jersey beach is considering allowing women to sunbathe topless. And then move right on to...

In The Public Interest: My Top Ten List of Things to Watch For at Today's Wall Street Reform Conference

Ed Mierzwinski | Posted 05.25.2011 | Politics
Ed Mierzwinski

The good news is that both the House and Senate passed Wall Street reform bills including a strong, new, independent consumer agency.

Debt Relief Scam Report: GAO Calls Practices 'Fraudulent, Deceptive And Abusive'

Los Angeles Times | Posted 05.25.2011 | Business

A new report by undercover government investigators bolsters longstanding concerns that companies promising to help consumers overwhelmed by credit ca...

Is Being Anti-Goldman Sachs Being Anti-American?

Don McNay | Posted 05.25.2011 | Business
Don McNay

The real scandal of the entire bailout mess was how money was funneled through AIG to pay "counterparties" like Goldman Sachs 100 cents on the dollar.

What's Bad for Wall Street Is (Sometimes) Good For The Rest Of Business

BNET | Carter Dougherty | Posted 05.25.2011 | Business

As Congress approaches the moment of truth in reforming the American financial system, some folks are getting lost in the shuffle: everyone in this co...

Financial Reform: The Feingold Factor

TPMDC | Brian Beutler | Posted 05.25.2011 | Business

Progressive backers of financial reform are pushing Sen. Russ Feingold (D-WI) to reconsider his protest vote against imposing tougher rules on Wall St...

Goldman Sachs: Too Big For Jail?

Don McNay | Posted 05.25.2011 | Business
Don McNay

Just because the SEC filed a lawsuit, it doesn't mean they will win. Goldman Sachs could easily prevail. Before we start breaking out the champagne, let's look at what is actually going on.

Shahien Nasiripour

Senator Says Loophole In Derivatives Regulation Undermines Reform

HuffingtonPost.com | Shahien Nasiripour | Posted 11.20.2009 | Business

The effort to impose new restrictions on the financial system falls short of true reform if there's a gigantic loophole for foreign exchange derivativ...

Shahien Nasiripour

Another Fed Official Supports Plan Forcing Banks To Spin Off Derivatives Units; Obama's Treasury STILL Opposed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The president of the Federal Reserve Bank of St. Louis supports a Senate plan that would force Wall Street megabanks to spin off their derivatives uni...

Why Term Limits Don't Work

Don McNay | Posted 05.25.2011 | Politics
Don McNay

Like much of America, I'm down on professional politicians. I'm tired of people getting in office to line their pockets, suck up to lobbyists and constantly run for re-election.

New York Times Does Not Understand Main Street

Don McNay | Posted 05.25.2011 | Media
Don McNay

Reporting that Main Street was complicit in the financial meltdown is like blaming a murder victim for being in the wrong place at the wrong time.

The F Word: The Pain of FauxFeminist Populism

Laura Flanders | Posted 05.25.2011 | Politics
Laura Flanders

I feel your pain -- how many times are we going to hear that between now and the midterm elections? Republicans and Democrats all know that the econom...

Don't Listen to the Cheerleaders, the Main Street Economy Isn't Improving

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

The common wisdom is that excessive debt-financed spending was one of the causes of the recent recession, so the news that household debt is dropping is being celebrated as reason to believe we're on the mend. Baloney.

Just Say: "Wall Street Reform"

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

If necessary, Democratic officeholders and candidates should practice in front of a mirror. Say "Wall Street reform" one hundred times, and when you're speaking in public, it'll leap to your lips.

Matt Taibbi: Looting Main Street

rollingstone.com | Matt Taibbi | Posted 05.25.2011 | Business

The destruction of Jefferson County reveals the basic battle plan of these modern barbarians, the way that banks like JP Morgan and Goldman Sachs have...

Three Unsung Democracy Heroes

Sarah Newman | Posted 05.25.2011 | Impact
Sarah Newman

There are unsung heroes dedicated to bringing our government more in line with its democratic values and removing corporate influence from our political process.

Wall Street and Legalized Loan Sharks

Don McNay | Posted 05.25.2011 | Books
Don McNay

Gary Rivlan notes in his book, Broke USA, "the working poor have become big business." You wouldn't think that poor people would be a growth market, but businesses make big money off people who live paycheck to paycheck.

Step Up or Shut Up!

Dr. Susan Corso | Posted 11.17.2011 | Healthy Living
Dr. Susan Corso

So yes, let's fix it all. Connect the dots, We the People. We have to step up or shut up, and let those who are stepping up get on with it.

The Tea Party: Is It A Revival of American Ideals or Merely Alice in Wonderland?

Wayne Trujillo | Posted 05.25.2011 | Denver
Wayne Trujillo

While the movement fashioned its image to reflect the Boston Tea Party, it more resembles the Alice in Wonderland Tea Party, full of paradoxes, naivety, hypocrisy and conundrums.

Glenn Beck on Martin Luther King and Gandhi

Jim Wallis | Posted 05.25.2011 | Religion
Jim Wallis

I was heartened to hear Beck affirm the nonviolence of King, but I would also like to remind him of King's tireless commitment to social justice.

Shahien Nasiripour

Top Fed Official Says Megabanks Need To Shrink Or Crises Will Keep Occurring

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The U.S. financial system is tilted in favor of the biggest banks, compromising the "very foundation of the economic system" and putting the nation at...

Finance Reform a Historic Accomplishment

Jim Wallis | Posted 05.25.2011 | Politics
Jim Wallis

Last evening, the U.S. Senate passed a financial regulatory reform bill by a 59-39 vote, including four Republicans. While the legislation still conta...

In The Public Interest: Wall Street reform ain't over 'til it's over

Ed Mierzwinski | Posted 05.25.2011 | Politics
Ed Mierzwinski

The baseball philosopher Yogi Berra said "it ain't over 'til it's over." Anyone watching the Senate battle over Wall Street reform knows that. And d...