Enabling Wall Street’s Gambling Problem
Thought bankers had learned their lesson in 2008? Think again.
Memo to U.S.: Only Fools Rush In
If negotiators aren’t careful, a U.S.-China investment treaty could prove as explosive as currency manipulation or climate change.
Record Bank Profits and the American Dream Foreclosed
Washington is refusing to make the banks eat the debt bubble they created.
U.S. Government and Business Leaders on Financial Transactions Taxes
Selected quotes reflecting a range of views on the issue from U.S. officials and business leaders.
Dubai
We’ve piled up a $60 billion debt and willl only pay our creditors when we’re good and ready.
Africa and the Economic Crisis
While the world focuses on Afghanistan, Africa is addressing the global economic crisis in new ways.
Nation’s ‘Pay Czar’ Largely Impotent
Is the administration really curbing bloated CEO pay?
Remember the Real Villain–Wall Street
We’re pointing fingers at President Obama — when those responsible for the economic crisis escape blame.
There’s a Bubble That Still Threatens the Entire American Economy…and Few Are Talking About It
Outrageously large rewards for executives give executives an incentive to behave outrageously — and engage in behaviors that put the rest of us at risk.
Keynes: A Man for this Season?
Economist John Maynard Keynes is hot. But, as columnist Walden Bello explains, he’s not enough.
Apologists for the Rich Are Scraping the Bottom of the Barrel
In a down economy, apologists for the awesomely affluent are having to dig deep for inspiration. In the process, they’re looking dopey.
Playing the Hawk With North Korea
The Obama administration needs to recognize an aggressive policy toward North Korea is as ineffective now as it was during Clinton and Bush.
What Happened to the Crackdown on Executive Pay?
New Treasury rules have backpedaled on CEO pay reform for bailed-out companies. But we can no longer afford the status quo.
People Power Pushed the New Deal
Roosevelt didn’t come up with all those progressive programs on his own.
Will China Save the World from Depression?
China’s stimulus package is not likely to bail out either the Chinese peasants or the global economy.