Phil Gramm

The Dumbest 'Bipartisan' Move Since Repealing Glass-Steagall

Richard (RJ) Eskow | Posted 05.22.2012

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consensus in Washington, fueled by an intoxicating brew of conventional wisdom laced with campaign cash, has repealed some of those 'cumbersome regulations' that do nothing of value -- nothing, that is, except prevent catastrophes.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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

UBS Money Laundering: What Did Phil Gramm Know?

Robert Scheer | Posted 05.25.2011

Robert Scheer

Given the widespread involvement of UBS in what the Justice Department alleges were efforts to violate U.S. tax laws, it must be asked: Did Gramm have no inkling about what was going on?

"Banksters" On Parade

Jackson Williams | Posted 05.25.2011

Jackson Williams

There once were usury laws in this country to limit such shamelessness. I wonder where they went?

Why Does UBS Still Employ Phil Gramm?

The Big Picture | Barry Rithholtz | Posted 05.25.2011

Last week, UBS announced a 2nd Quarter loss "due to restructuring charges." The banking giant is raising $3.45 billion in a stock sale. Partly owned ...

The Republican Summer Olympics of 2009

Gary Cohan | Posted 05.25.2011

Gary Cohan

Republicans' private embraces are often in complete contradistinction with their own oft-trumpeted, Biblically-mandated "moral" guidelines for the rest of us.

Bernie Madoff, Scapegoat

Michael Moore | Posted 05.25.2011

Michael Moore

Instead of putting those responsible for the financial crisis in jail, why did we give them huge sums of our hard-earned tax dollars. Bernard Madoff is nothing more than the scab on the wound.

Letting Texas Secede

Robbie Gennet | Posted 05.25.2011

Robbie Gennet

Governor Rick Perry of Texas brought up the specter of Secession recently and upon polling, a fair amount of Texans and other Americans seem to think Texas seceding from the US would be a good idea.

Time Rewrote History With "25 People to Blame for the Financial Crisis"

David Fiderer | Posted 05.25.2011

David Fiderer

Instead of pinpointing culpability among the key players, Time deflects blame away from Republicans and falsely implicates Democrats, to create a muddleheaded "plenty-of-blame-to-go-around" narrative.