A Banker Can't Get Arrested in This Town
Posted August 5, 2010 | 06:55 PM (EST)
The Justice Department and the Securities and Exchange Commission have broad powers to root out and punish financial fraud. The Interagency Financial Fraud Task Force, formed last November, is an Obama-era innovation that enhances the government's ability to track down financial criminals. As we look back on the...
Geithner and The White House Are Making the Wrong Case
30 Comments | Posted August 4, 2010 | 02:02 PM (EST)
Picture this: You're lying in the dark with a broken leg. Somebody comes by every couple of days to give you water and a little food, but you're wasting away. Suddenly a figure appears holding a candle. In the flickering light we see Tim Geithner's face. "Hey, there!" He says....
Come on Down -- It's Time to Play "Social Security Survivor"!
60 Comments | Posted August 3, 2010 | 04:25 PM (EST)
A broad coalition of groups has been formed to defend Social Security, and the videos announcing it are all worth watching. Of all the ideas proposed, my personal favorite comes from AFSCME President Gerald W. McEntee: A new reality show starring the people who want to cut Social...
Forget Teddy Roosevelt! If the Rich Pay, Everybody Pays
41 Comments | Posted August 2, 2010 | 03:45 PM (EST)
There's a new undercurrent in Washington debate, an unstated drive to undo the bipartisan consensus that's governed American policy for a century. New pieces by Fareed Zakaria and Clive Crook merely reflect the new unspoken theme that's revealing itself in debates on taxation, Social Security, and a dozen other areas:...
Mort Zuckerman Is Not Incompetent
276 Comments | Posted July 30, 2010 | 12:25 PM (EST)
Mort Zuckerman's recent opinion piece in the Financial Times, "Obama needs to stop baiting business," is a tawdry, sorry spectacle. Paul Krugman's already explained how Zuckerman, the publisher of US News & World Report and the New York Daily News, distorted the President's words with a...
Which Side Are You On? Alice Rivlin and the Wall Street Bailout King, or Social Security?
273 Comments | Posted July 28, 2010 | 04:35 PM (EST)
There's a battle going on between those who are defending Social Security - that is to say, the "good guys" - and those like economist Alice Rivlin and Wall Street banker/giveaway king Neel Kashkari, who would cut it. The attackers pretend to see nuances that don't exist, slanting their arguments...
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