Tag Archives: Wall Street bailouts

Sophie’s Choice… Ypsi style

Last night, there was a special meeting of the Ypsi City Council. I wasn’t able to attend, but your fellow reader Glen S was. Here’s his report… which is actually about a lot more that whether or not our City Council chose to prioritize one of two potential construction projects. I attended last night’s special […]

Posted in Economics, Politics, Rants, Uncategorized, Ypsilanti | Also tagged , , , , , , , , , , , , , , , , , , , , , | 42 Comments

Michael Moore in Madison yesterday – “America is not broke”

Say what you will about Michael Moore, he made a hell of a lot of sense in Madison yesterday. Here’s a quote: “America is not broke. Not by a long shot. The country is awash in wealth and cash. It’s just that it’s not in your hands. It has been transferred, in the greatest heist […]

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

All the Devils are Here

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 , , , , , , , , , , , , , , , , | 5 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

Fighting for the Consumer Financial Protection Agency till our teeth are smashed out

As we’ve discussed here in the past, if we’re to avoid financial disasters in the future, it’s absolutely essential that the banking reform bill presently being discussed within the Senate Banking Committee establish a strong, independent Consumer Financial Protection Agency. Unfortunately, it looks as though some Democrats might be willing to trade it away in […]

Posted in Art and Culture, Economics, Politics | Also tagged , , , , , , , , , , , , , , , , , , , , , | 14 Comments

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