Archive for May, 2012

Both Parties Want to Stay on Wall Street’s Good Side

May 24, 2012
By

Nothing better illustrates the core critique of the Occupy Wall Street movement against the financial sector’s dominance of our political institutions than the spectacle of high-profile Democrats, like former Pennsylvania governor Ed Rendell and Newark Mayor Cory Booker, fretting over the “tone” of the Obama campaign’s advertisements targeting Mitt Romney’s days as a vulture...

Read more »

Jamie Dimon’s Loss Could Be America’s Gain

May 13, 2012
By

Since the financial train wreck of September 2008, Jamie Dimon, the CEO of JP Morgan Chase, has fought tooth and nail against any new federal regulations of Wall Street. Now with his bank’s recent loss of $2 billion (and counting) involving the same credit default swaps (CDSs) that played a key role in bringing...

Read more »

Political Dog Tales: Fala, Checkers, Freckles, and Seamus

May 8, 2012
By

The most famous dog story in American politics came from then vice-presidential candidate Richard Milhous Nixon (who was also the Republican Senator from the great state of California). Known ever since simply as the “Checkers speech,” the dog yarn that Nixon deployed on national TV that evening in the heat of the 1952 campaign...

Read more »

Protesting Students, Striking Faculty

May 2, 2012
By

As the student loan debt in the United States surpasses $1 trillion for the first time in the nation’s history thirteen courageous students from six California State University campuses will be engaging in civil disobedience in the form of a hunger strike until university leaders agree to freeze tuition, roll back excessive executive salaries,...

Read more »