Tag Archives: Wall Street deregulation

Elizabeth Warren: Too Big to Fail has become Too Big for Trial

By Mark | February 14, 2013

This, my friends, is why we worked so damned hard to get Elizabeth Warren into the Senate, and on the Banking Committee. Shot this morning at a Banking Committee hearing titled “Wall Street Reform: Oversight of Financial Stability and Consumer and Investor Protections,” this video demonstrates, better than any campaign ad ever could, just why [...]

Posted in Economics, Politics, Uncategorized | Also tagged big banks, Elizabeth Warren, jury trial, justice, regulation, Senate, Wall Street, Wall Street reform | 12 Comments

Announcing that five Ypsi schools share one librarian, 826 Michigan asks for volunteers to staff libraries so that our children can once again check out books

By Mark | October 24, 2012

When I received the above message earlier this afternoon, I didn’t think there was any way that it could possibly be true… I knew, of course, that Ypsi’s schools had suffered severe cuts. Just a few weeks ago, I’d watched Linette design a poster for Fly Children’s Art Center, drawing attention to the fact that [...]

Posted in Art and Culture, Education, Ypsilanti | Also tagged 826Michigan, Amanda Uhle, Amy Sumerton, Big Bird, books, budget cuts, Bush tax cuts, childhood, deregulation, dismantling of public education, epic rants, FLY Children's Art Center, librarians, libraries, military budget, Mitt Romney, PBS, public education, tax the rich, Ypsilanti Public Schools | 43 Comments

Republicans gut Dodd Frank Act, killing efforts to protect American citizens from financial industry abuse

By Mark | November 12, 2011

On July 21, 2010, President Barack Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection Act into law. The legislation, written by Congressman Barney Frank, and Chairman of the Senate Banking Committee Chris Dodd, promised to be the most comprehensive financial reform to be undertaken since the Great Depression. As with the Glass-Steagall Act, [...]

Posted in Economics, Politics, Uncategorized | Also tagged banking reform, banks, Barney Frank, Carl Levin, Chris Dodd, Christopher Dodd, Consumer Financial Protection Bureau, deregulation, Dodd-Frank, Dodd–Frank Wall Street Reform and Consumer Protection Act, Elizabeth Warren, financial reform, Financial Services Modernization Act of 1999, Glass-Steagall Act, Graham-Leach-Bliley Act, Great Depression, H.R.4173, John Oliver, lobbying, lobbyists, Neal Wolin, Newt Gingrich, Richard Cordray, Schoolhouse Rock, things fucked raw, Treasury Department | 10 Comments

All the Devils are Here

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, subprime mortgage crisis, Wall Street bailouts | 5 Comments

Job growth and tax cuts under Obama, and the inability to acknowledge either

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 [...]