Matt Taibbi explains how the investment banks got away with everything, and how they continue to rob the treasury and gamble on America’s future. One of the must-read articles of the year: http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle/
Woops- turns out the Dept. of Labor has been miscalculatinig “productivity” for decades. Maybe it actually wasn’t that efficient to send all those jobs overseas. http://www.nytimes.com/2010/03/06/opinion/06Tonelson.html
“We saved the economy, but we kind of lost the public doing it.” -Simon Johnson http://www.dailykos.com/story/2010/3/9/844311/-Simon-Johnsons-Most-Powerful-Words-Since-The-Quiet-Coup
Winners and losers: Senate kills summer jobs program and benefits for the poor with 45 votes; Schumer plans to join Republicans and centrist Dems in killing Wall Street bonus tax: http://www.huffingtonpost.com/2010/03/09/senate-drops-funding-for_n_491493.html
http://www.huffingtonpost.com/2010/03/09/another-wall-street-bonus_n_491749.html
What if a mass of citizens owned the banks? Imagine that! http://www.thenation.com/doc/20100329/nichols