|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By Martin Amis
$16.32
By Wellford Wilms
$39.95
$23
|
|
|
|
AP/Alex Brandon
|
If Bernanke’s stance is any indication, Sen. Warren, who was just sworn in this January, is already having a positive impact on Washington.
Posted on Mar 21, 2013
READ MORE 
|
Flickr / Medill DC
|
The House Financial Services Committee has voted to repeal a provision in last year’s Dodd-Frank financial reform law requiring public corporations to report the ratio between CEO and median worker pay. (more)
|
|
Today on the list: Why asking the troops about don’t ask, don’t tell is a bad idea, the “God hates fags” preacher’s son works against homophobia, and the whistle-blower provision that makes the financial reform bill just a little bit sweeter.
Posted on Jul 27, 2010
READ MORE
|
|
In yet another sweeping gesture that surely turned the stomachs of many of his opponents, President Barack Obama signed financial reform legislation on Wednesday, standing afterward with a similarly triumphant-looking Joe Biden and declaring ... (continued)
|
AP / Mark Lennihan
|
It remains to be seen whether the new financial reform legislation that President Obama signed into law on Wednesday will spare us another economic cataclysm like the recession we’re still in, but for his part, the president seems jazzed about it.
|
|
On Thursday, the Senate helped bring financial reform one step closer to reality by approving legislation designed to get at some of the roots, at least, of the economic destruction that Wall Street wrought two years ago.
|
Wikimedia Commons / U.S. Congress
|
We’ve got to hand it to Rep. Joseph Crowley, who ducked out of a House debate on financial reform last December to hit a fundraiser in his honor, where he pocketed thousands of bucks, some of which came from financial industry donors.
|
Photo illustration
|
Scott Brown of Massachusetts has decided to support the anemic financial reform bill because, as The Washington Post reports, “he got nearly everything he wanted.” The bill is now expected to pass with the support of at least two other Republicans, including Maine’s Olympia Snowe.
|
Flickr / walknboston (CC-BY)
|
Maybe the Democrats are doing something right after all. According to the number crunchers at The Washington Post, donations from the New York area to the party’s congressional campaign committees are down 65 percent, with the drop largely attributed to Wall Street’s dissatisfaction with financial reform. (continued)
|
AP / Haraz N. Ghanbari
|
By Bill Boyarsky — Death wish isn’t too extreme a phrase to describe the Republicans’ recent conduct. What else could explain their behavior this summer?
|
|
By Eugene Robinson — Judging by their response to millions of uninsured Americans, the drilling disaster in the Gulf and the economic crisis, Republicans should run on the slogan “It’s all good. Except for that Obama guy. And Nancy Pelosi.”
|
senate.gov
|
“False security is no security at all,” writes the Wisconsin senator, who says he will not vote for the financial reform bill because it would not prevent another meltdown and “has Wall Street’s fingerprints all over it.” According to Feingold, “the administration and conference leaders have gone to significant lengths to avoid making the bill stronger.”
|
|
By Stuart Whatley — Perhaps the most troubling reality in the 21st century is that our economics now dictates our cultural values, rather than the reverse, where we the people would decide how resources, production and mutual prosperity should be systematized to achieve the best society for all.
|
Flickr / epicharmus (CC-BY)
|
The Senate passed on Thursday what The Wall Street Journal described as “the most extensive overhaul of financial-sector regulation since the 1930s.” The New York Times breaks down what’s in the bill and how it might change when reconciled with the House version. Worth noting: Democrats Russ Feingold and Maria Cantwell voted against the measure.
|
|
By Joe Conason — Discredited as the financial powers are, their wealth alone continues to provide them with wildly disproportionate influence over the political process.
|
Flickr / The Truth About Credit Cards
|
President Obama and his allies won’t have an easy time as they attempt to do some major renovations of our financial system, but according to a new Washington Post-ABC News poll, they at least have the support of the majority of Americans.
|
AP / Henny Ray Abrams
|
Senate Republicans are hoping that, when it comes to their Democratic opponents, if they can’t beat ’em, they can at least make up their own financial reform bill to thwart ’em. One pesky problem with the GOP’s approach is ... (continued)
|
AP / Alex Brandon
|
President Obama spoke before a group of fat cats—or rather, “titans of industry,” as he called them—from Wall Street on Thursday at Cooper Union in New York City, the same site where he’d delivered his pre-bailout, pre-presidential speech on the economy two years ago, in an attempt ... (continued)
|
|
By E.J. Dionne, Jr. — For the first time in Obama’s presidency, Republicans are uncertain as to whether resolute opposition to a Democratic idea is in their political interest.
|
Wikimedia Commons / U.S. Congress
|
Financial reform is the next big task on Congress’ list of action items, and on Wednesday the Senate Agriculture Committee made progress by approving a bill by committee Chair Blanche Lincoln that targets the derivatives market. (continued)
|
|
The SEC has taken its first action against Goldman Sachs for alleged investor fraud—will it help efforts for financial reform and regulation? Or will the financial giant just be slapped with a fine and then allowed to continue business as usual?
|
White House / Pete Souza
|
Congressional Republicans are mobilizing for an assault on President Obama’s next regulatory project: financial reform. However, Obama’s not hearing it when it comes to the GOP’s claim that the Democrats’ current bill would make it easier for big financial institutions to angle for government bailouts down the line.
|
AP / Susan Walsh
|
By Robert Scheer — If you think health care reform has been an unsatisfying test of the government’s ability to deal with our pressing problems, brace yourself for bigger disappointment in its attempt to bridle Wall Street. This is when the true heavies go to work, and, as opposed to the medical industry lobby, the moneychangers fear not the wrath of their clients or, as Scripture tells, any higher power.
|
Screen capture from Gawker.com
|
Certain vigilant operatives from the blogosphere have caught wind of some key words and phrases that we might soon be hearing on Fox News, as Republican pollster and memo composer Frank Luntz has let fly with his latest manifesto on how to spin the news about happenings on Capitol Hill to the GOP’s advantage.
|
View the most popular tags overall?
|
|
Marching in Chicago: Resisting Rahm Emanuel’s Neoliberal Savagery
Newsletter 
Like Us
Follow Us
Get Our Feed
