Trump’s approach to Wall Street is in sharp contrast to his tough-talking stances on terrorism. He talks a big game when slamming the door on penniless refugees, but curls up like a beach weakling around guys who have more money than he does.… Read More Extreme Vetting, But Not For Banks
Corporate sovereignty may be a tough sell in new trade deals, but it is still lurking in plenty of existing agreements.… Read More Great: Now Wall Street Is Funding Speculative Corporate Sovereignty Claims For A Share Of The Spoils
Dodd-Frank wasn’t so much legislation as it was an illusory 2300 pages of rules that might someday get implemented in a meaningful way if President Obama appointed tough cops to his financial regulatory bodies – which he decidedly did not do.… Read More Three Federal Studies Show Fed’s Stress Tests of Big Banks Are Just a Placebo
Democrats still seem amazed that voters are more concerned about economic conditions and resentment against Wall Street (no bankers jailed, few junk mortgages written down). It is a sign of their wrong path that party strategists are holding onto the same identity politics they have used since the 1960s to divide Americans into hyphenated special-interest groups.… Read More Break Up the Democratic Party: It’s Time for the Clintons and Rubin to Go – and Soros Too
