How Mitt Got His

How Mitt Got His

What a blessing it is for Mitt Romney to serve as the Republican nominee for president. He’s a living portrait of Mr. Wall Street Man. As his candidacy unfolds, it’s allowing us commoners to get a peek into how the privileged few rig the rules for their...
One Weak Domino

One Weak Domino

The stock market keeps going up and down like a yo-yo. I thought you’d like to know why. It’s Greece. Oh, not totally — there are other miscreants involved — but pretty much everyone agrees the Greeks are the first and foremost cause. This is...
Bilked by Banks

Bilked by Banks

Big banks are A special breed, Raised and trained To honor greed. This corrupt banking system of ours is a wonder. Sure, it’s important to have a safe place to squirrel away money, get a loan or credit card, and earn a little interest. In the old days, we even...
Making the World Safer for the Next Bernie Madoff

Making the World Safer for the Next Bernie Madoff

Sometimes, members of Congress follow harebrained logic. If the consequences weren’t so serious, it would be hilarious. Consider a House bill co-sponsored by Reps. Spencer Bachus (R-AL) and Carolyn McCarthy (D-NY) that would essentially let investment advisers...
Wall Street’s Speed Freaks

Wall Street’s Speed Freaks

The power suits making billions off the stock market are always trying to assure us that their trading serves a socially redeeming purpose. They steer money to companies and industries that make our economy more productive, they claim. In reality, the majority of...