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Economy
Robert Reich | Mitt Romney and the New Gilded Age
Mitt Romney and the New Gilded Age
In London, Mitt Banks on the Wrong Horse
So what do you get when you combine Mitt Romney, expensive horseflesh, fancy dinners and a financial scandal in the City of London? An interesting confluence of people and …
Paul Krugman: Europe has Made a Terrible Mistake and Republicans Are Completely Mad
Krugman discusses how and why the u201ctwo great centers of world economic activity, of democracy, and of everything else are both in deep trouble.u201d He says, "Europe made the …
Who Wants Big Banks?
Thirty years ago, Merton Miller, one of the giants of modern finance, was at a banking conference when a banker said he couldnu2019t raise more capital by selling stock …
A Wall Street Gambling Tax: The Remedy to Inequality
Taxing Wall Street speculation is a great way to raise whatever money might be needed to meet deficit targets.
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Romney’s Bain Problem
While the Supreme Court's upholding of the health care law was last week's most important event in historical terms, it will not be the decisive event of the 2012 …
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Why Big Business Owns Congress
In a piece about populism and the Democratic Party in Politico, Democratic Senator Sherrod Brown (OH) explained how Big Business has, through its ability to tap into an extraordinary …
Government by the Banks, for the Banks: The ESM Coup D’Etat in Europe
On Friday, June 29th, German Chancellor Angela Merkel capitulated to changes to a permanent Eurozone bailout fundu2014u201cbefore the ink was dry,u201d as critics complained. Besides easing the conditions …
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Pocketbook Issues Weigh Heavily as Mexicans Vote
u201cWe were all hoping for real change with Fox,u201d he said, referring to former President Vicente Fox, whose victory in 2000 ended seven decades under the Institutional Revolutionary Party, …
Six Ways the Big Banks Are Getting Back-Door Bailouts
The country's biggest banks are happy to make their money from the same governments about which they love to whine.