|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||1579|
|Posts / Week:||5.5|
|Archived Since:||June 7, 2008|
This and that before I leave town. (1) Judge Rakoff Excoriates Justice Dept. on Failure to Prosecute Banksters: Jed S. Rakoff, The Financial Crisis: Why Have No High-Level Executives Been Prosecuted? New York Review of Books. The Times‘ Adam Liptak on … Continue reading ? The post Rakoff on “Willful Blindness” and other links appeared first on Dollars & Sense Blog.
Having boxed themselves into a political dead-end by adopting the austerity agenda of the business community as represented by the Illinois “Civic Federation,” Democratic House Speaker Michael Madigan and Democratic Governor Pat Quinn on Tuesday, Dec. Show More Summary
I just posted a piece Katherine Sciacchitano wrote for us about pensions and Detroit’s bankruptcy, The Pension-Busters’ Playbook. We asked Katherine to write an addendum to her excellent cover story for our annual labor issue last year, Making Labor Pay, … Continue reading ? The post Detroit Bankruptcy and Pensions appeared first on Dollars & Sense Blog.
(1) New Issue! Our November/December 2013 issue is finally done (sent to the printers and to e-subscribers, anyhow). Here is the editorial note from p. 2 describing the issue: Change Is in the Air Frequent D&S contributor Bill Black has … Continue reading ? The post New Issue! Plus links. appeared first on Dollars & Sense Blog.
For every one that doeth evil hateth the light, neither cometh to the light, lest his deeds should be reproved. John: 3:20 The effort by corporate CEOs to dominate the global economy and global government is reaching the end-game stage. … Continue reading ? The post Will the Chilean People Save the U.S. by Electing Michelle Bachelet? appeared first on Dollars & Sense Blog.
The best thing that the Department of Justice (DOJ) could do immediately to restore faith in the criminal justice system is to prosecute Steven Cohen, the head of SAC. The indictment of SAC charges that many SAC officers committed crimes...Show More Summary
.Cross-posted at New Economic Perspectives.. The U.S. Attorney for the Eastern District of California is Benjamin Wagner. From the Wall Street Journal,J.P. Morgan Aimed to Limit Damage: “Once the U.S. government built a case against J.P. Show More Summary
(I have been meaning to post Lou Reed’s “Strawman.” My favorite line: “Does anybody need another president?” The rest of the lyrics are pasted below; click here if you don’t see the embedded video.) Doug Short at Advisor Perspectives had an … Continue reading ? The post What If Chained CPI Had Been Used to Calculate COLAs Since 2002? appeared first on Dollars & Sense Blog.
Ok, I need to get a lot of links off my plate (to mix metaphors–unless we’re talking about sausages?)–some great stuff I want to pass on but haven’t had time to. (1) JPMorgan Chase Settlement(s): Bill Moyers interviews Gretchen … Continue reading ? The post JPMorgan Chase and BoA, etc. appeared first on Dollars & Sense Blog.
I am working on a post on the JPMorgan Chase settlement and the BoA judgment, and I have a couple of other items I’ve been meaning to post. But for now I want to alert blog readers to two great … Continue reading ? The post Pitchforks and Revolutions appeared first on Dollars & Sense Blog.
This post is inspired by David Firestone’s article in the New York Times entitled “Boehner’s Last Stand.” Firestone’s lead is the key: “The nature of Speaker John Boehner’s final battle with the White House on the budget crisis is now … Continue reading ? The post Bill Black: Boehner’s Trophy appeared first on Dollars & Sense Blog.
(1) New Economy Week: It’s New Economy Week! Sponsored by the New Economics Institute. I have just two related items to mention: Our November/December issue will feature an article by Abby Scher on alternative finance, with a focus on alternative … Continue reading ? The post The 2013 Sveriges Riksbank (“Nobel”) Prize, New Economy Week, etc. Show More Summary
(1) Letter from a Braves Fan to His Republican Congressman: See above–this came from NBC Sports Hardball Talk, and was then covered by Talking Points Memo. The comments on the NBC page from baseball fans are great too. (2) Crooks, … Continue reading ? The post Shutdown and Debt Limit, Yellen, etc. appeared first on Dollars & Sense Blog.
(1) Ted Cruz and Goldman Sachs: Hat-tip to TM–apparently Ted Cruz, who is fulminating and filibustering against Obamacare, and who suggested that people who don’t have health insurance just get jobs (should we start calling him Ted Antoinette?), is … Continue reading ? The post Cruz and Goldman Sachs, Pew and Pensions, etc. appeared first on Dollars & Sense Blog.
When we found out (hat-tip Seth G.) that Willem-Alexander, king of Holland since only April 30 of this year, had declared “the end of the welfare state” (as reported in The Independent), even as the Dutch government is handing down highly … Continue reading ? The post Dutch King Declares End of Welfare State appeared first on Dollars & Sense Blog.
To reduce carbon emissions, we must tax fossil fuels—but, say the pundits, we can’t do so because the tax would be regressive, clobbering the poor. In general, sales taxes are indeed regressive; moreover, as I recently argued, sales taxes are … Continue reading ? The post Taxing Carbon is Like Taxing Diamonds appeared first on Dollars & Sense Blog.
We are finally done (mostly) with our September/October issue. (We won’t be sending it to e-subscribers until Monday.) It’s our annual labor issue, and I’m quite pleased with it! Here is our p.2 editorial note: Annual Labor Issue: Bargaining and … Continue reading ? The post Annual Labor Issue Posted appeared first on Dollars & Sense Blog.
Today, many Chileans—and many sympathizers from around the world—will commemorate and mourn the 40th anniversary of the 1973 military coup. The coup ended the three years of the Unidad Popular (the socialist-led “Popular Unity” government, or UP) and forty years … Continue reading ? The post Commemorating Chile’s Unidad Popular appeared first on Dollars & Sense Blog.
A few links for Labor Day (but for the real labor day, see our May Day post): Look for the Union Label: Hat-tip to Steve Couch (via FB) for this 1982 classic ILGWU TV ad. Fast-food workers’ protests around … Continue reading ? The post Labor Day Roundup appeared first on Dollars & Sense Blog.
. (1) March on Washington anniversary: A few items on today’s 50th anniversary of the 1963 March on Washington for Jobs and Freedom: UB40: The audio of the Youtube video at the top of today’s post is UB40?s song, “King,” … Continue reading ? The post King, Where Are Your People Now appeared first on Dollars & Sense Blog.