From the Frontlines: June 21, 2010
The wrong class war, Earth’s ocean problem, and action against the BP oil spill.
It’s Time We Taxed Financial Gambling
A tiny tax would make purely speculative investment less profitable and encourage long-term, patient investment.
Taxing the Wall Street Casino
In the United States and many countries around the world, there is growing momentum behind proposals to place a very small tax on trades of stock, currency, derivatives, and other financial assets.
Yes, Virginia, Banks Really Are the Bad Guys
Let’s hope the financial reform pending in Congress will actually put an end to such Wall Street fraud and abuse.
Financial Reform Bill Could Stabilize Commodities
New rules may rein in speculation that distorts the market for agricultural futures contracts.
K Street Showdown in Washington, DC
What went down on May 17th, when labor and justice groups organized a rally against lobbyists.
Main Street Protests Wall Street and K Street
A firsthand account of the showdown.
Banks Put on Notice
A Senate amendment bars rewards for enabling bad loans.
The Unfinished Business of Financial Reform
Lawmakers will need to consider financial speculation taxes in the next round of the fight to rein in Wall Street.
Film: ‘PLUNDER: The Crime of Our Time’
Danny Schechter (aka “The News Dissector”) explores how the financial crisis was built on a foundation of criminal activity uncovering the connection between the collapse of the housing market and the economic catastrophe that followed.
I Coulda Been a Hedge Fund Manager
A guidance counselor cast me rudderless on the uncharted waters of higher education, where I drifted into journalism.
Which Mitch Do You Believe?
The GOP’s cynical hypocrisy either makes you want to either throw up or fall down laughing.
Enabling Wall Street’s Gambling Problem
Thought bankers had learned their lesson in 2008? Think again.
Consumer Protection and Corporate Purses
We need a strong agency to protect us from the perils of big businesses.
That’s Rich
Laughing all the way to the bailed-out bank.