A recent blog post by Rolling Stone’s Matt Taibbi on new troubles at Bank of America led me to this recent footage of the reporter, in New York City’s Bryant Park, explaining, in simple English, how the derivatives traders at Bank of America had essentially sold oregano to the people of America, telling them that […]
By Mark | December 7, 2011
Yesterday, a group of people associated with the Occupy group in Washington, D.C. took out a full page ad in the San Francisco Chronicle, declaring that, as the Deficit Reduction Super Committee had failed, they had some ideas to offer as to how we might create jobs, reduce the wealth divide and control spending. Their […]
Posted in Economics, Politics, Uncategorized | Also tagged 99%, Bush tax cuts, capital gains, deficit reduction, Deficit Reduction Super Committee, drill baby drill, foreclosure, infrastructure, job creation, Medicare, Medicare for all, military spending, Occupy, Occupy D.C., social security, solutions, Speculation Tax, Stop Tax Haven Abuse Act, tax havens, tax loopholes, tax reform, tax the rich, wealth inequality, Works Progress Administration, writing down all underwater mortgages to market value |
By Mark | November 17, 2010
I’m going to lay in bed and watch The Wire tonight. It’s not nearly as fun, but, if you’re looking for something to watch, here’s video of Jon Stewart interviewing the authors of the new book All the Devils Are Here: The Hidden History of the Financial Crisis. I’m not incredibly knowledgeable when it comes […]
Posted in Corporate Crime, Economics | Also tagged All the Devils are Here, Bethany McLean, credit default swaps, derivitives, financial industry, financial reform, gambling, Goldman Sachs, Joe Nocera, Jon Stewart, Larry Leibowitz, NYSE, Omar Little, predatory businesses, Real Housewives of New Jersey, Wall Street bailouts, Wall Street deregulation |
By Mark | October 19, 2010
I’m curious to know if there’s anyone out there who doesn’t buy this, and, if so, why not. My sense is that some will say it’s unfair to lay the massive job losses that began in January 2007 at the feet of Bush, pointing to the fact that Congress was in the hands of the […]
Posted in Economics, Media, Other, Politics | Also tagged Austan Goolsbee, banking, Bruce Bartlett, Council of Economic Advisers, FOX News, Joint Committee on Taxation, middle class tax cuts, Obama is a Socialist, reality deficient, Recovery Act, social security, stimulus, tax policy, Tax Policy Center, tax rates, taxes, tea party, unemployment, Wall Street deregulation |
