Tag Archives: Financial Reform

Greed Exposed : The ‘Naked Credit Default Swap’

“Greed” (2006). Mixed media from natalie.org.What they are and why they should be banned:Naked Credit Default Swaps By Ted McLaughlin / The Rag Blog / May 21, 2010 Don’t let your eyes glaze over and stop reading this post because … Continue reading

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Psychology of Greed : Protecting the People from Wall Street

A rebuttal of sorts:Protecting the people from Wall Street By Steven Porter / The Rag Blog / April 23, 2010 [On April 21, The Rag Blog published an article by Sherman DeBrosse entitled Republican Jujitsu : Protecting Wall Street from … Continue reading

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Republicans : Choosing Wall Street Over Main Street

Graphic from USA Today.The Republicans and financial regulation:Choosing Wall Street over Main Street By Ted McLaughlin / The Rag Blog / April 22, 2010 It’s no secret to anyone what kicked off the current recession in America. It was the … Continue reading

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State of the Union : What Obama Must Do

Obama’s State of the Union must address: Creating jobs Reducing the deficit Re-regulating the banks By Sherman DeBrosse / The Rag Blog / January 25, 2010 People are enraged by the bonuses the banks are handing out, and many think … Continue reading

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Fixing the Economy? Like Filling a Leaky Bucket

“Old tin bucket.” Photo by {JO} / Flickr.Bucket’s got a hole in it:Can we revive the U.S. economy? By Roger Baker / The Rag Blog / December 13, 2009 Is trying to fix the U.S. economy like trying to fill … Continue reading

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Economy and Unemployment : Real Recovery a Long Shot

Photo from OOlaah.comReal unemployment nears depression levels;Sustained recovery appears unlikely By Roger Baker / The Rag Blog / December 6, 2009 It should come as no big surprise that our economy is in worse shape than the U.S. government would … Continue reading

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Barack Obama : Stop the Runaway Train

President Obama: Stop the runaway train of globalization.Long range strategic innovation: Globalization, the financial crisis, environmental planning, and getting out of Afghanistan By Ray Reece / The Rag Blog / November 5, 2009 Call this a lesson in how to … Continue reading

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Obama’s Financial Reform: Just Plugging a Few Leaks Rather Than Repairing the Dam

US Treasury Secretary Tim Geithner told the Senate Banking Committee that he plans to reform the system of financial regulation. Photo: Bloomberg.Only a Hint of Roosevelt in Financial OverhaulBy Joe Nocera / June 17, 2009 Three quarters of a century … Continue reading

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Charlie Loving: The Banking Lobby

Cartoon by Charlie Loving / The Rag Blog

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Paul Krugman : What to Do

‘Once the recovery effort is well underway, it will be time to turn to prophylactic measures: reforming the system so that the crisis doesn’t happen again.’By Paul Krugman The following article by educator, New York Times columnist and Nobel prize … Continue reading

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