January 2010 archive

Crony Capitalism, Part 3

Following Part 1 and Part 2, Dr. Robert Johnson, Director of Financial Reform for the Roosevelt Institute, and Executive Director of the Institute for New Economic Thinking (INET) (a project with George Soros), in this third part of a series of discussions with Paul Jay talks about the real choices that were ignored by the Obama White House for financial reform in dealing with the financial crisis rather than simply pumping money into the investment banks.

Real News Network – December 31, 2009

Obama had a choice

Robert Johnson: Obama should have saved the functions of the banks not the bankers and the shareholders

Also see (on the flip):

What Congress Did Not Want You to Read: Robert Johnson’s Testimony on OTC Derivative Market

Saturday, 11/7/2009, by Lynn Parramore at New Deal 2.0 (a project of the Roosevelt Institute)

New Year’s Eve Light Show

Sparkle Plenty

Another year comes to an end.  To tell the truth, I have trouble discerning what makes this New Year’s Eve any better than the last one.  Having seen 61 of them, I’ll estimate that I’ve been somewhat politically aware for about 50 of them…and very few have seemed to bring a better year.  And when there have been years that have been better, it has only been in some ways, not in all, and the improvement has been best measured by a micrometer.

So we start each year with glitz and glamor, hoping against hope that our dreams for a better world will bear some fruit.

Who am I to break such a tradition?

So herewith is my own attempt at a distracting you from any pains you may feel with shiny objects.

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