“Modern Times” Really Akin to “Dark Ages”

Jim Safina

*+-Sherwood Ross: As humanity pushes the planet toward destruction, it is incredible that half of all the taxes collected from the American people — who are principal players in this rush — are used for warfare rather than to rebuild and rejuvenate the planet they are ravaging.

Obama’s Regulatory Brain

banking regulations

*+-Robert Reich: The most important thing to know about the 1,500 page financial reform bill passed by the Senate last week — now on the way to being reconciled with the House bill — is that it’s regulatory. It does nothing to change the structure of Wall Street.

The Fed and Authoritarian Capitalism

greenspan

*+-Chinese authoritarian capitalism, on display this week in Beijing, has me thinking about America’s democratic capitalism and how we practice it. Start with the U.S. economy’s most powerful government agency: The Fed, of course. Its decision this week to hold short-term interest rates steady was wrong, in my view; it should have lowered them because […]