That’s what anti-regulation Republicans — the folks who gave you the 2008 financial meltdown — claim. But the reality is something different. Yes, small banks are disappearing. But it’s due to market forces, not the heavy hand of government. As this chart shows, small banks h[...]
Posts Tagged ‘USA’
Replace Andrew Jackson, a man of many unattractive qualities and a poor president, on the twenty dollar bill.
Ben Bernanke’s Blog: DUMP JACKSON OFF OF THE $20 Hamilton, the first Secretary of the Treasury, would qualify as among the greatest of our founders for his contributions to achieving American independence and creating the Constitution alone. In addition to those accomplishments, however, H[...]
Why we can’t afford public services
(Click here for source.) [...]
CNN’s timeline of Greek tragedy
CNN published a timeline of the Greek crisis this morning. Here are a few of the takeaways: 1. Greece’s deficits were concealed by a “center-right” government. 2. Building expensive sports arenas on the public dime (sound familiar?) and hosting the 2004 Olympics brought indebtedness, not prosp[...]
Review of book review: The modern clash between religion and science
Let’s start with a definition. A “review of a book review” is my review of a book review I’ve read about a book I haven’t read. It’s not that I’m too lazy to read books. I read lots of books, sometimes several a week, but with 400,000 new titles published in[...]
The American Taliban
This video clip is from a TV show, but sometimes fiction speaks more clearly than journalism.[...]
Domestic terrorism in 1 graph
(Source: Mother Jones; click here for story) [...]
GOP Congress kills “Boeing Bank”
The Ex-Im Bank will die tomorrow, because conservative Republicans oppose it “on ideological grounds.” (Click here for story) Ex-Im is jokingly called “Boeing Bank” because more than half its transactions finance the sale of Boeing airplanes, which are America’s #1 expo[...]
Black people, do Black Lives Matter?
Where is the Black Proganda movement? How do we expect America to think Black Lives Matter when we are doing very little to establish that fact nowadays? Our movies, filmmakers actors/actresses have to reflect that fact, and right now they do not. The black community had Mario Van Peebles, Spike Le[...]