Wolf Richter: How Banks Hurt the Real Economy – FDIC’s Hoenig to Senate
The FDIC’s Tom Hoenig takes up the thankless task of shellacking the latest self-serving whinge from Jamie Dimon.
Read more...Category Archives: Politics
Why Tax Cuts for the Rich Solve Nothing
An update on Republican tax cut plans, and why they are economic chicanery.
Read more...Bill Black: Subprime Auto Loan Defaults on the Rise
Black discusses subprime auto lending and the failure of federal banking regulators to regulate– a problem that didn’t originate w/ Trump.
Read more...New Jersey Food Waste Law Will Help Feed Hungry, And Mitigate Climate Change
NJ law aims to reduce food waste and help feed hungry. State climate change policies are key response in the absence of federal action.
Read more...Food, the UK and Brexit: An Even Messier Reprise of Corn Laws Politics?
Surprisingly, or maybe not so, food is emerging as a flash point in Brexit politics.
Read more...Healthcare Hypocrisy: How Politicians Hide Behind the 1986 EMTALA Law to Avoid Healthcare Reform
Is the emergency room mandate, EMTALA, responsible for lawmakers failing to devise reasonable legislation to fund health care?
Read more...House Votes to Overturn CFPB Mandatory Arbitration Ban
House takes first step to kill mandatory arbitration ban; Senate and Trump will follow. Why did the CFPB wait so long to act on this issue?
Read more...How a Banking Union Has Created Deep Divisions that Undermine the Eurozone’s Stability
How the new European banking reforms have weakened stability and hurt some countries, particularly Italy, while helping German banks.
Read more...Are the Latest Russia Sanctions Really About Forcing US LNG on Europe?
Why Germany and other European countries are not on board with the latest round of proposed sanctions against Russia.
Read more...John Helmer: Jared Kushner’s Testimonial to Stupidity and Unfitness – American and Russian
Why Jared Kunsher’s statements in Senate testimony demonstrate that he is unfit to play an official role.
Read more...People Voted Communist Because…
Italy had the largest communist party in Western Europe. Why did ordinary people vote communist? What did they believe in?
Read more...Bill Black: Jamie Dimon, You Make Us Embarrassed to be Americans
If Dimon really wants to know why growth is so slow his research should begin by looking in the mirror.
Read more...The Minefield of Historical Communism
What does the experience of historical communism imply about modern politics and about possibilities in the future?
Read more...The Real Cause of the Italian Bank Bailouts and Euro Banking Troubles
How a banking union has created deep divisions that undermine the Eurozone’s stability.
Read more...Crossing National Public Radio (NPR) Off My List for Health Care Coverage
NPR helpfully consolidates a number of liberal Democrat health care myths and shibboleths at a single location.
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