Goldman Sachs CEO says he's doing God's work by making huge amounts of money. The company Pastor says we have to accept inequality as the price of prosperity. They'll get right through the camel's eye with that kind of thinking.
Todd Zywicki argues that consumers who took out foolish loans and predatory credit cards were acting rationally. Maybe in Atlas Shrugged that might explain something, but it's always good to remember that Ayn Rand wrote fiction. Tedious fiction at that.
The NYT tells us that manufacturing workers are overpaid, and due for substantial wage cuts. This from the same paper that wants to help us understand the financial problems of the rich.
Trade associations are leeches and parasites, but it's the productive workers who get screwed.
When history repeats for Goldman Sachs, it means profit for them and bad things for the rest of us.
It's a sorry, standing joke in certain quarters that the A-students become professors, the Bs become judges, and the Cs become millionaires. The third-raters -- who couldn't comprehend risk and loved buttloads of moolah -- ended up trashing the financial industry and the economy.
WellPoint is making plenty of money. Why not spend some on some kind of study to crush reform?
Health insurance companies have a problem. Wall Street wants bigger profits, which means higher rates. People don't really want to pay more. What's a Republican to do?
The Consumer Financial Protection Agency is a big win for our side. It's academic enemies inhabit some parallel universe where prohibiting predatory practices is "behaviorial control".
The Obama administration hasn't been willing to change any of the fundamentals that make it possible for entrenched corporate interests to skin the American people. Health care is an obvious example.