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Friday Talking Points [131] -- Democratic Campaign Advice

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

This week, Congress -- moving with its usual less-than-blinding speed -- passed a Wall Street reform bill, a mere two years after the crisis hit. Wal...

After Goldman Give Up, Why Would Wall Street Be Scared of SEC?

Don McNay | Posted 05.25.2011 | Business
Don McNay

My father was a professional gambler and used to carry a roll of money that he called "walking around" money. Walking around money is what the SEC settled for in the Goldman Sachs case today.

Radical Shopkeeping: Innovation and Entrepreneurship for the People

Scott Ballum | Posted 05.25.2011 | Business
Scott Ballum

I often get asked to comment on entrepreneurship initiatives. Most commonly, the focus tends to be on "innovation", interpreted as hi-tech, and highly...

Dark Days Ahead

Lynn Tilton | Posted 05.25.2011 | Politics
Lynn Tilton

We need an antidote to end the plague of joblessness and that solution rests with helping America's struggling small and mid-sized businesses. America's future depends on it.

Goldman Sachs and the Ghost of Sam Erwin

Don McNay | Posted 05.25.2011 | Business
Don McNay

Any stand-up comic knows that a great way to draw attention is to use profanity. Thus, it is truly sad to see a Senator I used to respect like Carl Levin fall for that tactic.

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...

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...

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.

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.