Not Much to Celebrate with Obama’s Tax Deal

We enter 2011 with a few more dollars in our paychecks. For about 98 percent of Americans, the extension of Bush tax cuts and the new payroll tax holiday will make it easier for us to afford a gallon, rather than a quart, of milk for our families each month, and to...
Move Your Money

Move Your Money

Do you love your megabank? I’m talking about your local branch of CitiChaseWellsMorganofAmerica–or some similar financial conglomeration. As you might have learned from experience, they have thousands of bankers who specialize in finding innovative new...

Dubai: Temple of Greed

Wealthy playground, By the sea; Never meant For you or me. You may be a bit hazy on the Persian Gulf. Basically that’s where a lot of the world’s oil comes from. The Gulf is a long, slim, shallow dead-end sea connected to the Indian Ocean by the...

Toxic CEO Pay Story

As a critic of runaway CEO pay, I have a lot of scars from debates I’ve done on cable TV business shows. But my most memorable pummeling was in August 2007, when I nearly got my head bitten off for criticizing Countrywide Financial CEO Angelo Mozilo on the CNBC...
Invertebrate President

Invertebrate President

Well, the Democrats are finally showing some fight. They’re fighting with each other, but it’s a start. The fading Democratic majority in the House has balked at accepting President Barack Obama’s compromise with Republicans on the Bush tax cuts,...