Walmart: No Friend to Local Business

chinatown walmart

Bobbi Murray: When a retailer like Walmart–one that controls global supply chains and has perfected the art and science of inventory—moves in within blocks of the local mom-and-pop shops, it’s got its own centrifugal force.

Fuel Prices: How Much Blame Does Obama Merit?

obama gas prices

John Peeler: The Republican attack on Obama over gas prices at the pump is quite a strange line of attack from people who are incessantly demanding a return to untrammeled free markets. Do they really want Obama to impose price controls?

Goldman Sachs: An Old-School Mafia Family?

goldman sachs cares

Joseph Palermo: The amazing thing about Mr. Smith’s decision to break the code of omertà at Goldman was the fact that an employee existed there at all who was still capable of making a moral or ethical judgment and could even express something resembling remorse.

Romney Ignites Democratic Base

romney support

Randy Shaw: Barack Obama’s campaign has lots of money, but there is no way it could match Romney’s success at getting this base to align with the President.

An Open Letter to Richard Cordray

richard cordray

Charles Hayes: Please rename your agency. Stop calling us consumers. We are Citizens with a capital C. In addition, please lead an effort to ask all kinds of media to follow suit.

The Money Delusion

money mint

Mark Dempsey: Why does the Finance, Insurance, Real Estate sector, whose frauds caused the current economic meltdown, get trillions at the drop of a hat, and social safety net programs and revenue sharing with states, whose needs are far more modest, get the “one-finger salute”?

Bye Bye American Pie

obama uaw

Robert Reich: Although the nation is now producing more goods and services than it did before the slump began in 2007, we’re doing it with six million fewer people.