Category Archives: POLICY

Jeffrey Immelt, GE CEO, To Replace Volcker On Obama’s Economic Team

By Lila Shapiro HUFFINGTON POST Early Friday morning, Obama announced a significant shift for the White House economic team: the war against Wall Street greed has lost a major player, and corporate America has gained an advocate. General Electric CEO … Continue reading

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Obama’s Bogus Explanation For Troubles: Too Much Regulation

By Peter S. Goodman HUFFINGTON POST Now he has done it again, throwing a bone to financial lobbyists and their brethren in other industries while burying truth. Unable to point to real gains in fixing the economy, Obama instead engages … Continue reading

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Why You Should Feel Cheated, Deceived and Sickened by America’s Stunning Inequality, Even If You’re Doing Well

By Paul Buchheit AlterNet If middle- and upper-middle-class families had the same share of the economic pie as in 1980, they’d be making an average of $12,500 more per year. Why should a relatively prosperous upper-middle-class family care about inequality? … Continue reading

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SOLUTIONS: Swiss whistleblower Rudolf Elmer plans to hand over offshore banking secrets of the rich and famous to WikiLeaks

By Ed Vulliamy GUARDIAN “What I am objecting to is not one particular bank, but a system of structures,” he told the Observer. “I have worked for major banks other than Julius Baer, and the one thing on which I … Continue reading

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2010 Hottest Year on Record: The Graph That Should Be on the Front Page of Every Newspaper

By Peter H. Gleick HUFFINGTON POST Climate change is worsening, fast. The National Climate Data Center of the National Oceanic and Atmospheric Administration has just announced that for the entire planet, 2010 is the hottest year on record, tied with … Continue reading

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SOLUTIONS: High Pay Commission

In an effort to try and curb hefty bonuses, and perhaps risky behavior, in the financial sector, a group of labor unionists, journalists and academics from the U.K. have launched a high pay commission.

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Cyberwar

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The Progressive Case Against Obama’s New Team

By Dean Baker, Co-Director of the Center for Economic and Policy Research HUFFINGTON POST This is the small matter that leads progressives to be unhappy with the renewed dominance of the Clinton economic team. If progressives had devised policies that … Continue reading

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The Bill Daley Problem

By Simon Johnson HUFFINGTON POST Top bankers, including Bill Daley, have pulled off a complete snow job — including since the crisis broke in fall 2008. They have put forward their special interests while claiming to represent the general interest. … Continue reading

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Economists: It Doesn’t Look Good For U.S. Economy In Next Decade

By Mark Felsenthal Reuters … the United States has failed to learn its lesson from the financial crisis and continues to implicitly back its largest financial institutions. To hear a number of prominent economists tell it, it doesn’t look good … Continue reading

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