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Category Archive for '#OccupyWallStreet'

Wouldn’t it be nice to see some bankers go to jail? ALBANY, N.Y. (AP) — An official familiar with the investigation said the New York Attorney General’s Office has issued subpoenas to six firms and sent a letter to another for details about split-second stock trading and any unfair advantages. The official told The Associated […]

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Krugman reviews the new Thomas Piketty book, Capital in the Twenty-First Century. It’s making quite the stir among the talking classes: It therefore came as a revelation when Piketty and his colleagues showed that incomes of the now famous “one percent,” and of even narrower groups, are actually the big story in rising inequality. And […]

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Of course he is, the little weasel: ALBANY—Governor Andrew Cuomo will headline an education retreat next month in Lake Placid hosted by hedge-fund managers who support the Common Core standards, charter schools, mayoral control of schools, testing and student-data collection. Cuomo is the “honorary chairman” of Camp Philos, “a philosopher’s camp on education reform” presented […]

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If I hear one more nitwit “explaining” to me that giving mortgages to brown people destroyed the economy, I will scream — especially when it was brought down by massive system fraud and de facto deregulation. Felix Salmon: Back in 2011, I asked whether the SEC was colluding with banks on CDO prosecutions. And now, thanks to […]

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Great interview with Matt Taibbi on the Daily Show: The Daily ShowGet More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on Facebook The Daily ShowGet More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on Facebook Bookmark It

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From Pando Daily: On March 5, Chicago’s city council overwhelmingly voted to approve Mayor Rahm Emanuel’s proposal to divert $55 million of taxpayer resources into a new privately run hotel in the city’s south loop. Coming just before Emanuel pled poverty to justify his push for pension cuts and property tax increases, the hotel handout […]

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‘What a tangled web we weave,” indeed Be sure to read this one. Bookmark It

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Banks are getting cheaper rates because everyone assumes the government will bail them out again. H/t Sweta Patel. Bookmark It

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Robert Parry on Ukraine’s new IMF regime: It’s a safe bet that most of the Ukrainians who flooded Maidan Square in Kiev in February did not do so because they wanted the International Monetary Fund to make their lives even more miserable by slashing subsidies for heat, gutting pensions and devaluing the currency to make […]

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Whatever your complaints about MSNBC (and I have many), it’s still the only network on which we’ll hear things like this. MSNBC’s Krystal Ball: Rising inequality is the true enemy of democracy. Thanks to Attorney Seth Price. Bookmark It

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