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Phil Gramm

Rand Paul May Hedge His Electoral Bets in 2016

Rich Rubino | Posted 12.09.2014 | Politics
Rich Rubino

American political history is littered with examples of politicians who ran for their current office as well as another office in the same election. Paul is not the first Kentuckian to seek re-election to his current post concomitantly seeking the presidency or vice presidency.

Zach Carter

This Rising GOP Star May Undercut His Own Crusade

HuffingtonPost.com | Zach Carter | Posted 06.19.2014 | Politics

WASHINGTON -- When Rep. Jeb Hensarling walked into the Lehrman auditorium at the Heritage Foundation in late May, it was ostensibly to give a speech o...

Mark Gongloff

Sequester Inventor Defends Sequester: 'The Nation Will Survive'

HuffingtonPost.com | Mark Gongloff | Posted 02.27.2013 | Business

Everywhere you look lately it's sequester this, sequester that, sequester will wreck the economy, Kate Upton Ryan Gosling sequester. But don't worry, ...

Mark Gongloff

Here's Who We Should Really Blame For The Terribly Named Sequester

HuffingtonPost.com | Mark Gongloff | Posted 02.26.2013 | Business

Phil Gramm is the Forrest Gump of financial calamity. Time and again, his face appears at key moments in history. Unlike Gump, Gramm is usually planti...

Crony Capitalism's Power Couple

Robert Scheer | Posted 02.20.2013 | Business
Robert Scheer

Where is Phil Gramm hiding? The former Republican senator from Texas has not been heard from since his bank got nailed by the G-men. Or, as the Times put it, UBS now has the distinction of being "the first big global bank in more than two decades to have a subsidiary plead guilty to fraud."

Ex-Wells Fargo CEO: 'Investment Bankers Are Risky, Not Investment Banking'

The Huffington Post | Alexander Eichler | Posted 07.26.2012 | Business

Banks don't lose money. People lose money. That seems to be the feeling of Richard Kovacevich, the former chairman and CEO of Wells Fargo. "Why thi...

Senator Defends Controversial Move

The Huffington Post | Alexander Eichler | Posted 07.26.2012 | Business

Say this for Phil Gramm: the man sticks to his guns. Thirteen years after helping to repeal the Glass-Steagall Act and under widespread criticism, ...

The Dumbest 'Bipartisan' Move Since Repealing Glass-Steagall

Richard (RJ) Eskow | Posted 05.22.2012 | Politics
Richard (RJ) Eskow

Once again the 'bipartisan' consensus in Washington, fueled by an intoxicating brew of conventional wisdom laced with campaign cash, has repealed some of those 'cumbersome regulations' that do nothing of value -- nothing, that is, except prevent catastrophes.

Oil Slicks: Who Benefits From Gambling on Gas Prices?

Richard (RJ) Eskow | Posted 04.23.2012 | Politics
Richard (RJ) Eskow

We can't know for sure what's behind these oil prices. But what we can know is that we don't know -- and that our government should have the resources to track these markets and intervene when they're being misused.

What Can Give You Economic Misery, an Embolism, and a Backyard Full of Elephants?

Cliff Schecter | Posted 01.09.2012 | Politics
Cliff Schecter

Although when it comes to the specific date of our mass death, Harold Camping might as well be talking Chinese nuclear development with Herman Cain, i...

If a Republican Were President

Robert Scheer | Posted 12.13.2011 | Politics
Robert Scheer

No doubt many reasonable Americans will view Obama as the lesser evil come election time, and for some that will prove compelling. But I take the dreary choices to be one akin to a form of slow torture. Better to support the Occupy Wall Street protests as an inspiring alternative.

Financial Ruin: A Republican Legacy

Jim Worth | Posted 11.24.2011 | Politics
Jim Worth

The right continues to push U.S. into a deep financial abyss! Holding Republicans responsible for the damage they've caused over the past three decad...

Zach Carter

Another Rick Perry Staffer Ensnared In Teacher Death Bond Scheme

HuffingtonPost.com | Zach Carter | Posted 10.26.2011 | Politics

WASHINGTON -- Texas Governor Rick Perry's ties to Swiss banking giant UBS go beyond his relationship with former Sen. Phil Gramm (R-Texas). Perry's cu...

Jason Cherkis

Better Off Dead: Confidential Notes Show Rick Perry's Role In Life Insurance Scheme Targeting Teachers

HuffingtonPost.com | Jason Cherkis | Posted 10.25.2011 | Politics

WASHINGTON -- Two weeks before Thanksgiving in 2003, top officials from Texas Governor Rick Perry's office pitched an unusual offer to the state's ret...

Rick Perry's Gaffe: Channelling Phil Gramm or Clayton Williams?

Joe Cutbirth | Posted 10.17.2011 | Politics
Joe Cutbirth

The national press loves to fall in love, and Perry had a nice 72-hour honeymoon before his shoot-from-the-lip style, which works in Amarillo, Abilene and around Austin, backfired with Bernanke. Big time.

Iowa Straw Poll Takes a Dive

Steve Clemons | Posted 10.13.2011 | Politics
Steve Clemons

No one in the top 5 of the Ames Straw Poll has any real chance of leading a 2012 GOP ticket. Iowa is making itself irrelevant in the hard political choice department.

Stimulating a Dead Economy

Jim Worth | Posted 08.17.2011 | Business
Jim Worth

The U.S. economy is surviving only because of over-stimulation. We're living on fumes in this country, and the pursuit of happiness has come to an end for millions of families.

The Big Guy's on Our Side

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

Paul Volcker, President Obama's former Federal Reserve chair who heads his Economic Recovery Advisory Board, recently nailed it in a series of blistering remarks on the sorry state of our economy.

Three Fundamental Differences Between Progressives and Conservatives, Pt. 2

Terrance Heath | Posted 05.25.2011 | Politics
Terrance Heath

In my previous post, I wrote this: The fundamental differences between the left and the right -- between conservatives and progressives -- comes down ...

They Go or Obama Goes

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

President Obama gained credibility through sacking Gen. Stanley McChrystal for making untoward remarks. Why not sack Summers and Geithner for untoward policies that have inflicted such misery on the general public?

Alan Greenspan's Financial History for Lobotomy Victims

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Rejecting the capitalist values of choice and personal accountability, Greenspan filters history through an intellectual construct where no one -- most notably Alan Greenspan -- ever takes the blame.

Chris Dodd, Phil Gramm, and the Legacy of a Statesman

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

In the past 24 hours, Dodd appears to have been going to bat for Wall Street, not out of concern for any greater political good, but exclusively for the purpose of padding the profits of big banks.

Let's Not Kid Ourselves: Unless You're on Wall Street, It's All Smoke and Mirrors

John Taylor | Posted 05.25.2011 | Politics
John Taylor

It's obvious that trial modifications and loan forebearances -- the main thrust of the administration's Home Affordable Modification Program -- are just delaying foreclosures that are dragging down economic recovery efforts.

John Hickenlooper On David Sirota: Recession Partly An Attitude Problem

Posted 05.25.2011 | Denver

Denver Mayor and Gubernatorial Candidate John Hickenlooper stopped by David Sirota's radio show on AM 760 Thursday. (the show can be heard in its ent...

GOP Uses ACORN To Fight Bank Redlining Law

AP | SHARON THEIMER and PETE YOST | Posted 05.25.2011 | Politics

WASHINGTON — Conservative Republicans are capitalizing on the troubles of community activist group ACORN – ranging from charges of voter r...