Tag Archive for American Economy

Obama will bang on Bain Capital as fight heats up | Washington Examiner

A lot of political insiders in both parties think Bain Capital is pretty much a dead issue in the 2012 presidential campaign… Except it’s not. Not only do President Obama’s strategists still believe Romney’s business record will be an effective issue, a new poll by a bipartisan firm suggests attacks on Romney’s past might play…

SHOCKED! Pew Research Center Says Americans’ Views of Wall Street Less Positive

Positive views of Wall Street have slipped, though only modestly, since the advent of Occupy Wall Street and an increased focus on economic inequality. Currently, 58% agree that “Wall Street makes an important contribution to the American economy,” down from 63% in 2009. A larger majority (72%) agrees that “Wall Street only cares about making…

Jobs Report Makes Federal Reserve More Likely to Act – NYTimes.com

WASHINGTON — The odds surely increased Friday that the Federal Reserve will ride again to the rescue of the faltering economic recovery, making borrowing a little cheaper for a little longer, as it has done repeatedly over the last four years. But the government’s announcement that employers added only 69,000 workers in May also highlights…

The Need For An Independent Investigation Into JP Morgan Chase- Simon Johnson- The Baseline Scenario

By Simon Johnson JPMorgan Chase is too big to fail. As the largest bank-holding company in the United States, with assets approaching $2.5 trillion as reported under standard American accounting principles, it is inconceivable that JPMorgan Chase would be allowed … Continue reading

The Truth About JP Morgan’s $2 Billion Loss – Washington’s Blog

Reposted from  The Truth About JP Morgan’s $2 Billion Loss – Washington’s Blog, with our thanks. On-site permission posted.  Must-Read Background Before we can understand what’s really going on with JP Morgan’s loss (which will probably end up being a lot more than $2 billion), we need a little background. JP Morgan: Is the world’s largest publicly-traded company…