Category Archives: finance

Why We Still Need FDR

Posted on October 8, 2012 by Arlen Grossman

BPR Quote of the Day: Roosevelt followed that quote with these stirring words: “Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me–and … Continue reading →

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EITHER WAY WE’RE DEAD

Posted on September 25, 2012 by Arlen Grossman

How Do You Take Your Poison? By Chris Hedges/ Truthdig/ September 24, 2012 We will all swallow our cup of corporate poison. We can take it from nurse Romney, who will tell us not to whine and play the victim, … Continue reading →

Posted in Barack Obama, Economics, economy, elections, environment, finance, government, inequality, Mitt Romney, politics, Wall Street | Tagged , , , , , , | Leave a comment

MITT ROMNEY: UPPER CLASS WARRIOR

Posted on September 22, 2012 by Arlen Grossman

What Mitt Romney Really Represents By Robert Reich/ robertreich.org/ September 21, 2012 It’s not just his giant income or the low tax rates he pays on it. And it’s not just the videotape of him berating almost half of America, … Continue reading →

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Democracy Power

Posted on August 10, 2012 by Arlen Grossman
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The Fed and Its Friends

Posted on July 29, 2012 by Arlen Grossman

A new book by Neil Barofsky, former Inspector General of the TARP program criticizes President Obama, Treasury Secretary Tim Geithner, and federal regulators for working in the interests of Wall Street at the expense of distressed homeowners and the public. … Continue reading →

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THINK WE COULD USE SOME OF THAT MONEY?

Posted on July 27, 2012 by Arlen Grossman

The chief economist for an international corporate consulting firm crunched the numbers and came up with $21 Trillion stashed away in offshore tax havens and unavailable for use by financially-strapped government treasuries. If this revenue were available, social programs around … Continue reading →

Posted in Economics, economy, finance, government, inequality, law, Mitt Romney, taxes | Tagged , , , , , , , | 8 Comments

Billionaires Buying the Election

Posted on July 25, 2012 by Arlen Grossman

BERNIE SANDERS VERSUS THE BILLIONAIRES By John Nichols/ Common Dreams/ July 24, 2012   If two dozen billionaire families were combining their wealth to effectively buy the 2012 election, it would be time for patriots to mount a bold response … Continue reading →

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Deeper in Debt

Posted on July 16, 2012 by Arlen Grossman

The New Company Store: The Final Step in the Corporate Takeover of America By John Atcheson/ Common Dreams/ July 11, 2012 Well, here we are, slouching toward another national garage sale in which corporations bid on and buy candidates the … Continue reading →

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Crony Capitalism

Posted on July 15, 2012 by Arlen Grossman

If you missed this PBS episode from January 20, 2012,, it is well worth a look. Bill Moyers & Company explores “Crony Capitalism,” i.e. what’s remains of what we used to call capitalism and democracy. David Stockman, former budget director … Continue reading →

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The Robin Hood Tax

Posted on July 6, 2012 by Arlen Grossman

Professor Richard D. Wolff explains how a tiny “Robin Hood” or transaction tax on financial trades can raise enormous revenue for governments.  Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 … Continue reading →

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