The numbers in the EU’s supposed “investment plan” are a grossly inflated public relations effort. At first blush, the plan is simply a way of subsidizing huge, private firms to increase their profits. When we look more closely we can see it is actually malignant.
There is a massive movement, well-funded by political contributions, to privatize our prison systems.
Wisconsin Governor Scott Walker has channeled his inner Mitt Romney and written off an immense swath of Americans as people he would not represent.
Segarra did not realize that Dudley and Silva were simply talking a good show as a form of dishonest window dressing akin to Santander and Goldman’s accounting wind dressing scam.
In its web version, the BBC “News” has you click on a tease titled “Yanis Varoufakis, charismatic ideologue”
If you inhabit the reality-based universe you know that finance has become a parasite that is a leading threat to our economies and democracies.
HSBC’s most recent scandal is the perfect holiday gift. Whatever genre of entertainment one favors – from blood diamonds to drug cartels to rollicking royals to sport stars HSBC was happy to provide it.
Don’t get cocky, but also don’t give up. Bank lobbyists are still whining about opposition from progressives to the lobbyists’ agenda to (again) gut financial regulation.
Timothy Geithner’s penchant for speaking about things he does not care enough about to get right has led to him uttering many of the most cringe-worthy phrases about the economic crisis.
Hensarling is the Chairman of the House Financial Services Committee and a leader in the effort to gut the Dodd-Frank Act’s few effective provisions. Wallison is one of the primary architects of the three “de’s” (deregulation, desupervision, and de facto decriminalization) that made the banking environment so criminogenic
