Politics

The poll results are in on why President Obama has begun a ‘War on Wall Street.’ A majority of CW readers believe President Obama’s recent populist turn and harsh rhetoric directed toward Wall Street is a political stunt. And to the degree…

I picked up this Robert Reich quote from Politico’s Open Mic section, which echoes the sentiments expressed by a Massachusetts voter in my recent post “President Obama, are you listening?”: A third political party is emerging in…

Earlier in the week, I wrote a post-mortem on the Massachusetts Senate race won by Scott Brown. I saw the results as a signal that Americans are worn out by fraud and corruption. I found one comment from a registered Democrat particularly…

That’s the gist of yesterday’s post by James Pethoukoukis.  The column says: A historic victory, really. It is hard to overstate just how “blue” a state Massachusetts is. Obama won it by 26 percentage points in 2008. Until now…

I just put this in the links but it deserves a post of its own!

Today President Obama is set to propose wide-ranging moves on bank regulation first proposed by his economic advisor Paul Volcker, the former Federal Reserve Chairman. Details of the proposal have yet to be released. However, the focus is…

The Democratic defeat in yesterday’s Massachusetts Senate race puts a punctuation mark on the grinding erosion of support for the Obama Administration and its economic policy in a tough first year. Clearly voters were sending the…

FT.com – A history of Google in China BBC News – China property prices accelerate Why do people 'play the longshot' but buy insurance? It's in our genes U.S. 2009 foreclosures shatter record despite aid| Reuters "I…

FDIC Chairperson Sheila Bair has released her own proposal to compete with a recently floated proposal for a tax on bank compensation.  Her proposal calls for linking compensation with FDIC insurance levies as a means of aligning…

Reuters reporter Matthew Goldstein has this breaking story: It could take until November 2018 to get the full story behind the U.S. bailout of insurance giant American International Group because of an action taken last year by the…