Tag Archives: banking reform

James Carville says “fire, indict, fight”

In an op-ed posted on the CNN website yesterday, Democratic strategist James Carville warned Barack Obama that, unless he makes drastic changes now, he’ll likely lose the White House in 2012. Boiled down to three words, his advice to the President is this – fire, indict, fight. I wasn’t a huge fan of Clinton administration, […]

Posted in Corporate Crime, Other, Politics | Also tagged , , , , , , , , , , , , , , , | 37 Comments

Matt Taibbi writes another great article that will outrage people, and ultimately make no difference

Every time I read a new article by Matt Taibbi, it occurs to me that I should probably stop making blanket statements about the poor state of American investigative journalism. I don’t say it enough, but I’m incredibly thankful that he’s out there, exploring that fertile strip of territory between those cultivated so successfully by […]

Posted in Corporate Crime, Economics | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | 6 Comments

Financial reform bill emerges from committee, but is it any good?

I know that a number of consumer groups and unions are coming forward to support the financial reform bill that came out of conference committee on Friday. Among those singing the praises of the bill is Elizabeth Warren, the woman who heads the congressional panel overseeing the government’s bailout of American banks, whom I quote […]

Posted in Economics, Rants | Also tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

Levin says Goldman Sachs pushed “shitty” products on the American people

I know to some extent it’s political theater – grandstanding done for the benefit of disgusted Democrats like myself – and I realize that it would have meant exponentially more had it come prior to our recent banking meltdown, as opposed to after it, but something in me really liked hearing my Senator, Carl Levin, […]

Posted in Corporate Crime, Economics, Politics | Also tagged , , , , , , , , , , , , , , , | 10 Comments

Chomsky on the possibility of fascism, and the importance of financial reform

Addressing 1,000 people in Madison, Wisconsin earlier this week, well respected MIT linguist and political critic Noam Chomsky reiterated that we should not underestimate the Tea Party movement. He also warned that fascism in the United States may be a distinct possibility. The following clip comes from The Progressive: …“I’m just old enough to have […]

Posted in Corporate Crime, Observations, Politics | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 6 Comments

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