June 2010
0 posts
Robert Reich: Why Obama Should Put BP Under... →
It’s time for the federal government to put BP under temporary receivership, which gives the government authority to take over BP’s operations in the Gulf of Mexico until the gusher is stopped. This is the only way the public know what’s going on, be confident enough resources are being put to…
May 2010
3 posts
Robert Reich: The Challenge of Closing Tax... →
Who could be opposed to closing a tax loophole that allows hedge-fund and private equity managers to treat their earnings as capital gains – and pay a rate of only 15 percent rather than the 35 percent applied to ordinary income?
Answer: Some of the nation’s most prominent and wealthiest private…
Robert Reich: Apple Isn't the Problem. Wall... →
Why is the Federal Trade Commission threatening Apple with a possible lawsuit for abusing its economic power, but not even raising an eyebrow about the huge and growing economic (and political) muscle of JP Morgan Chase or any of the other four remaining giant banks on Wall Street?
Our future…
April 2010
1 post
Robert Reich: A Short Citizen's Guide to Reforming... →
The real scandal isn’t the Street’s unlawful acts (i.e., Securities and Exchange Commission vs. Goldman Sachs) but legal acts that have reaped the Street a bonanza and nearly sunk the rest of us.
It’s good we finally have an SEC on which three out of five commissioners are willing to enforce laws…
February 2010
2 posts
A Thought on Evan Bayh and Partisan America
robertreich:
Not long ago I was debating someone on television. I thought the discussion was going well until the commercial break when a producer said into my earpiece “be angrier.”
“Why should I be angrier?” I asked him, irritated that he hadn’t appreciated the thoughtfulness of debate.
“That’s how we get channel surfers to stop and watch the program,” the producer explained. “Eyeballs are...
Our Incredible Shrinking Democracy
robertreich:
I wish conservatives would stop complaining about big government and start worrying about the real problem – small democracy. I wish we’d all worry more about our incredible shrinking democracy.
It seems as if more and more decisions that should be made democratically are being shunted off somewhere to a few people who make them in back rooms. Which programs should be cut, which...
January 2010
1 post
Obama Needs To Teach The Public How to Get Out Of...
robertreich:
The President wants businesses that hire new employees this year to get $5,000 per hire, in the form of a tax credit. That will come to about $33 billion. It’s good step. He’s also supporting a cut in the capital gains tax for small businesses. That makes sense; after all, small businesses generate most jobs.
But here’s the problem. Both of these measures, and many of the other tax...
December 2009
2 posts
1 tag
Why We Can Succeed →
This is what all states and local governments should be doing.
November 2009
1 post