Randy Shaw: The problem is not simply that a big weather story eclipsed a major expose on rising inequality in the United States. Rather, it’s that reports on economic inequality never get the saturation, multi-day coverage customarily granted to storms.
Brent Budowsky: A good opposition research team could create a powerful plan to lump together Mitt Romney, Jeb Bush and Hillary Clinton as royal family candidates and run against them all in Democratic or Republican primaries, from the right or from the left.
Kevin Zeese and Margaret Flowers: There is bi-partisan opposition in Congress to Fast Track and a large movement of movements mobilized to stop it.
Robert Reich: Today’s workers are less economically secure than workers have been since World War II. Nearly one out of every five is in a part-time job.
Ellen Brown: Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken. The Greeks have been threatened with a “Cyprus-Style prolonged bank holiday” if they “vote wrong.” But they have been bullied for too long and are saying “no more.”
Walter Brasch: What we pay our workers reflects what we, as a nation, consider to be our priorities. And our priorities certainly aren’t in the categories of helping or teaching others.
Ellen Brown: The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend.
Robert Reich: Major players on Wall Street have been making tons of money not because they’re particularly clever but because they happen to be in the realm where a lot of coins come their way.
Ellen Brown: “Bail-in” is not the law yet, but the G20 governments will be called upon to adopt the FSB’s resolution measures when the proposal is finalized after taking comments in 2015.
Robert Reich: The Democrats’ unwillingness to close the carried-interest loophole when they could also goes some way to explaining why, almost six years after Wall Street’s near meltdown, the Obama administration has done so little to rein in the Street.
Walter Brasch: It makes no difference what our faith or culture is, we enjoy the lights and inflatable snowmen, but sometimes wonder if extravagant displays are nothing more than neighborhood contests to show our pride of affluence.
Ellen Brown: Wall Street-based pension fund managers, although losing enormous sums in the last crisis, will not necessarily act more prudently going into the next one. All the pension funds are struggling with commitments made when returns were good, and getting those high returns now generally means taking on risk.
Ellen Brown: What the Bank of North Dakota has done to sustain its state’s oil boom, a publicly-owned bank could do for other promising industries in other states.