WILL AMERICANS embrace austerity through Mitt Romney’s candidacy and his advocacy for Paul Ryan’s budget, just as Europe is turning away from austerity after having learned it doesn’t work? It’s the 2012 $64,000 question. Merkel’s loss comes in the wake of socialist and anti-austerity candidate François Hollande’s victory in France, with the American presidential election [...]
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Elizabeth Warren Once Again Calls for Accountability, Starting with Jamie Dimon
“The guy in the street in 2008 and 2009 was worried about his or her deposits, and now it’s clear they should still be worried,” said Charles Geisst, a Wall Street historian and professor at Manhattan College. “An average person looks at this and thinks, ‘What exactly happened here? How could this happen again?’ And [...]
The Buffet Rule Disguised as ‘Romney Rule’ for Reelection
Of course it’s popular. From CBS: In asking the question, Gallup did not actually use the term “Buffett Rule.” Here’s how the question was asked: “Would you favor or oppose Congress passing a new law that would require households earning $1 million a year or more to pay a minimum of 30 percent of their [...]
The Recess Appointment that Should Have Been Elizabeth Warren
Elizabeth Warren explains above, back in 2010, what the consumer bureau she envisioned will do. Considering Pres. Obama was forced to make a recess appointment in the end anyway, everyone should realize that it just as easily could have been Elizabeth Warren. There’s simply no other analysis that’s relevant today or more fully reveals Pres. [...]
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