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“Too Big To Exist”: Wall Street Hogs Still Running Wild
Wall Street is a beast. And proud of it! In fact, a pair of animals are the stock market’s longtime symbols: One is a snorting bull, representing surging stock prices; the other is a bear, representing...
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“Should You Still Despise George W. Bush?”: He Hasn’t Initiated A Disastrous...
Twitter was alight this morning with mockery of this post from Washington Post conservative blogger Jennifer Rubin, explaining a marginal improvement in George W. Bush’s post-presidential approval...
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“The Bullhorn Is In The Museum, And So Is The Bull”: Bush’s Long-Shot...
The dedication this week of the George W. Bush Presidential Library and Museum was more than an opportunity for the five living U.S. presidents to compare notes on what Stefan Lorant called “the...
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“The Decider’s Poor Decisions”: George W Bush’s Legacy Keeps Getting Worse
In retrospect, George W. Bush’s legacy doesn’t look as bad as it did when he left office. It looks worse. I join the nation in congratulating Bush on the opening of his presidential library in Dallas....
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“The Story Of Our Time”: The Most Crucial Thing To Understand Is The Economy...
Those of us who have spent years arguing against premature fiscal austerity have just had a good two weeks. Academic studies that supposedly justified austerity have lost credibility; hard-liners in...
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“The Wall Street That Cried Wolf”: Banks Complain About Onerous New...
The headlines have been nothing short of dazzling: “Bank of America profits soar“; “Citigroup’s profits surge“; “Bank boom continues: Goldman Sachs profit doubles.” In fact, the six biggest Wall...
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“Aligned Agenda’s”: The Tea Party and Wall Street Might Not Be Best Friends...
“Our problem today was not caused by a lack of business and banking regulations,” argued Ron Paul in his 2009 manifesto End the Fed, which outlined a theory of the financial crisis that only implicated...
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“Jobs And Skills And Zombies”: Skills Gap, An Idea That Should Have Been...
A few months ago, Jamie Dimon, the chief executive of JPMorgan Chase, and Marlene Seltzer, the chief executive of Jobs for the Future, published an article in Politico titled “Closing the Skills Gap.”...
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“Beliefs, Facts And Money”: Conservative Delusions About Inflation
On Sunday The Times published an article by the political scientist Brendan Nyhan about a troubling aspect of the current American scene — the stark partisan divide over issues that should be simply...
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“A Systemic Problem Of Enabling The Rich”: Growing Income Gap Is Ripping The...
Perhaps it’s a sign of the times that one man’s act of altruism has attracted national attention. Raymond Burse, interim president of Kentucky State University, has given up more than $90,000 of his...
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“More Silliness And Hysteria”: Gripes About Excessive Regulations And Taxes...
In the last couple of months we have seen the country whipped up into near hysteria over the virtually nonexistent threat of Ebola. While the only people who contracted the disease in this country were...
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“Rock Bottom Economics”: The Inflation And Rising Interest Rates That Never...
Six years ago the Federal Reserve hit rock bottom. It had been cutting the federal funds rate, the interest rate it uses to steer the economy, more or less frantically in an unsuccessful attempt to get...
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“Risky Business”: Brinksmanship And The Return Of Financial Crisis
A government shutdown once again loomed, and familiar deadlines and ultimatums flew around Washington. And Congress just used the threat to loosen the rules created in the wake of the financial...
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“Betraying His Ignorance”: Mitch McConnell Blames The Slow Recovery On...
On CNN’s “State of the Union” Sunday, incoming Senate Majority Leader Mitch McConnell said that Republicans in the 114th Congress will focus on blocking environmental and healthcare regulations: “We...
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“When Things Go Well”: Republicans Now Take Credit For The Recovery They...
This is unlikely to prompt anyone to break out the bubbly in the Oval Office, but last week’s poll numbers are nevertheless good news for President Obama. Since Democrats were thrashed in November’s...
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“Crime Does Pay”: A Whining Wall Street Banker Pleads For Pity
J.P. Morgan was recently socked in the wallet by financial regulators who levied yet another multi-billion-dollar fine against the Wall Street baron for massive illegalities. Well, not a fine against...
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“Wall Street’s Threat To The American Middle Class”: Do We Really Need To Be...
Presidential aspirants in both parties are talking about saving the middle class. But the middle class can’t be saved unless Wall Street is tamed. The Street’s excesses pose a continuing danger to...
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“Most Glaring Drawback Is He’s A Bush”: Jeb Bush Cannot Escape His Brother’s...
Earlier this year, Mitt Romney had a Galadriel moment. He appeared to be briefly seized by a vision of himself as an all-powerful, world-striding President Romney, before turning away from temptation...
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“Minimum Wage Is A Self-Made GOP Problem”: Conservatives Believe Losing Now...
Too bad George W. Bush is persona non grata among congressional Republicans. If he were less unpopular, they might find in the waning years of his presidency an example of what to do about a vexing...
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“Kasich And Bush: The Lehman Brothers”: Mixing Investment Banking With...
Most of the stuff being written about soon-to-be official GOP presidential candidate John Kasich involves his struggle to qualify for the August 6 Fox News debate, though some observers really seem to...
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