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Les Leopold: How Wall Street Drives Up Gas Prices

By Les Leopold, the author of The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It. Cross posted from Alternet Gasoline prices have been falling in recent weeks, but they're still close to their five-year high after climbing steeply for three years. For every penny increase at the pump, $1.
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'NYT' Op-Ed Militates for Higher Oil Prices and Fewer American Jobs

Business & Finance : Huffington Post: Business Blog (6 days ago)

The NYTimes Op-Ed Militates For Higher Oil Prices and Fewer American Jobs in Thursday's NYTimes Op-Ed "Let Our Oil and Gas Go" Mr. Steven Rattner demonstrates that he lives in an oil industry induced fantasy whose preachments have s... Read Post

Les Leopold: America's New Math: 1 Wall Street Hour = 21 Years of Hard Work For the Rest of Us

Business & Finance : Huffington Post: Business Blog (last year)

The new Rich List is out -- yet another example of financial pornography. While nearly 15 million Americans still can't find jobs due to the Wall Street-created crash, the top hedge manager, David Tepper, earned $1,057,692 an HOUR i... Read Post

Les Leopold: Does Dow 11,000 mean total Victory for Wall Street?

Business & Finance : Huffington Post: Business Blog (4 years ago)

Hallelujah! The economy is really growing. Our pensions and 401ks are back from the dead. Banks are solvent. Corporations are profitable. Housing prices are stabilizing.... Read Post


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