In his stump speeches, Obama frequently credits Clinton-era policies for the strong economy in the ’90s, arguing the country fared well under Clinton because he “understood what it takes for this economy.” “Nobody has a better grasp and understanding of the issues than this man,” Obama said at a June fundraiser in New York. – [...]
Tag Archives | Glass-Steagall
Former Citigroup CEO Calls for Return to Glass-Steagall Act
From CNBC, Citigroup’s former and legendary Chairman and CEO Sandy Weill made news in an interview today with “Squawk Box.” Shorter message: Break up the big banks. “What we should probably do is go and split up investment banking from banking, have banks be deposit takers, have banks make commercial loans and real estate loans, [...]
OWS: The Connections are Wide and Deep
The video above is of Sgt. Shamar Thomas. It went viral and now has over 2 million hits. After Scott Olsen’s assault, it seems even more relevant. Interestingly, Olsen is reportedly from Wisconsin, the state that Gov. Scott Walker ignited with his anti-democratic view of economic equality. As a reminder, Pres. Obama and the Democrats [...]
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