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AIG and Bernanke

Cate Long | Posted 05.25.2011 | Politics
Cate Long

Ben Bernanke was thick in the middle of the AIG bailouts with Henry Paulson, Tim Geithner and Lloyd Blankfein of Goldman Sachs. Watch the five-minut...

The Message of Massachusetts: Jobs

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Bill Clinton saw it clearly when he was running for President against Bush I. It became his mantra: "It's the economy, stupid." Clinton wanted to ref...

The "Let Obama Be Obama" Moment

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

It's about time to start fighting for the little guy and against the fat cats. It's about time to start fighting, when it comes right down to it.

Changing the Script with Jon Stewart

Jim Wallis | Posted 05.25.2011 | Politics
Jim Wallis

Bank bonuses are merely a symptom of a deeper erosion of societal values and the new maxims that have overtaken us: Greed is Good and It's All About Me. Those values wreak havoc on economies, cultures, families, and our very souls.

Our Banks Becoming Casinos and Washington Yawns

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Why is a bank such as JP Morgan, supported by myriad government programs, permitted to gamble with money in the commodities arena?

Jim Wallis Talks Wall Street Ethics, Move Your Money On 'The Tavis Smiley Show'

The Tavis Smiley Show | Posted 05.25.2011 | Business

Tavis: Always pleased to welcome Jim Wallis to this program. The president and editor-in-chief of "Sojourners" is also a best-selling author whose lat...

Arianna On 'The Ed Show': Obama Must Offer More Than Words (VIDEO)

Huff TV | Posted 05.25.2011 | Politics
Huff TV

President Obama must move beyond rhetoric and acknowledge yesterday's Democratic loss in Massachusetts by making substantive policy and personnel chan...

Obama To Propose New Limits On Banks, Revive 'Spirit Of Glass Steagall'

Wall Street Journal | DAMIAN PALETTA and JONATHAN WEISMAN | Posted 05.25.2011 | Business

WASHINGTON -- President Barack Obama on Thursday is expected to propose new limits on the size and risk taken by the country's biggest banks, marking ...

Mass Hysteria: Another Victory for the Billionaire Bailout Society

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

The Obama administration bears much of the responsibility for the debacle in Massachusetts. Much of the failure also rests with the progressive community which is clueless about how to respond to our new billionaire bailout society.

TARP For Small Businesses: White House Looks To Bring Wall Street Rescue To Main Street

Washington Post | David Cho | Posted 05.25.2011 | Business

The Obama administration is developing a major initiative to tackle the economic and political problem of unemployment by getting federal bailout fund...

IMF: Another Bailout would 'threaten democracy'

Times Online | Angela Jameson and Elizabeth Judge | Posted 05.25.2011 | Business

Dominique Strauss-Kahn told the CBI annual conference of business leaders that another huge call on public finances by the financial services sector w...

Frank Rich: White House Doesn't Seem To Understand Public's Wall Street Rage

New York Times | FRANK RICH | Posted 05.25.2011 | Politics

The Obama administration does not seem to understand that this rage, left unaddressed, could consume it. It has pushed aside the entreaties of many --...

Main Street Lags Far Behind Wall Street In Recession Recovery

BusinessWeek | Moira Herbst | Posted 05.25.2011 | Business

On the one hand, the Dow Jones industrial average once again danced around 10,000 last week. If U.S. gross domestic product rebounds as expected on Oc...

Christian Science Monitor: Mad About The Bailouts? Move Your Money

Christian Science Monitor | Posted 05.25.2011 | Business

Mad about the bank bailouts? Had enough of huge bonuses and too-big-to-fail apologies? Take your money out. That's right. Take your checking and savi...

Move Your Money Success Stories

Huffington Post | Adam Clark Estes | Posted 05.25.2011 | Business

Take the pledge to Move Your Money! Nearly a week ago, Arianna Huffington and Rob Johnson launched the Move Your Money campaign urging Americans to s...

Ride the Populist Wave: Restore Glass-Steagall!

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Populism is not so much a political stance (as "conservatism" is, for instance) as it is a political tactic. Meaning it can be used equally well by either side of our current American political divide.

Obama's Universal Approach Leaves Many Excluded

John A. Powell | Posted 05.25.2011 | Politics
John A. Powell

There is a misplaced assumption that because African-Americans are more likely to be unemployed or poor, the policies designed to create jobs will benefit them evenly or in proportion to their disadvantage.

The Next Trillion Dollar Federal Giveaway To Mega-Banks: Shooting Main Street Lenders For The Sins Of Wall Street

Howard Glaser | Posted 05.25.2011 | Business
Howard Glaser

The Frank and Dodd regulatory reform bills are terribly drafted provisions which will strike a death blow to "main street" lenders and hand over a multi-trillion dollar mortgage market to a few large financial institutions.

Geithner Is "Obama's Rumsfeld": Replace Him With Robert Reich

Paul Abrams | Posted 05.25.2011 | Business
Paul Abrams

Geithner is a continuing liability for this President. By stepping down, he can rightly claim some successes, while also presenting an opportunity for Obama to appoint a Treasury Secretary who fights for Main Street.

Bankers Expect Rising Bonus Pay To Break Records

Bloomberg | Robert Schmidt and Ian Katz | Posted 05.25.2011 | Business

In Washington and on Main Street, politicians and voters are railing against Wall Street's multi- million-dollar pay packages. In the financial world,...

Rewarding Failure: Banks Set To Offer Record Bonuses

Damien Hoffman | Posted 05.25.2011 | Business
Damien Hoffman

The future of the US is in a deep pile of dirty diapers if we willingly and knowingly continue to destroy capitalism by rewarding the behavior of failures.

It's Time to Teach Children About Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

I'm convinced that most of the mistakes made handling money result from lack of information and bad habits formed in childhood.

Happiness in the Post-Shopping Economy

Don McNay | Posted 05.25.2011 | Business
Don McNay

My late mother used shopping as a hobby. If she were still alive, I wonder if she would be looking for something else to occupy her time. It seems many Americans are.

Move Your Money: Tell Us About Your Local Bank

Huffington Post | Adam Clark Estes | Posted 05.25.2011 | Business

Take the pledge to Move Your Money! As national banks soak up bailout dollars, cut lending, and exploit overdraft fees, a number of Americans have de...

The Parable of the Unmerciful Bankers

Jim Wallis | Posted 05.25.2011 | Business
Jim Wallis

It's estimated that the bonus pool of just one of these big banks would have been enough money to prevent or significantly delay foreclosure for all 2.3 million people who lost their homes last year.