Welcome Eileen Appelbaum (CEPR), Rosemary Batt (Cornell University) and Host David Dayen (David’s webpage) (Twitter) Private Equity at Work: When Wall Street Manages Main Street A couple weeks ago, Burger King announced a merger with the Canadian coffee-and-donuts chain Tim Hortons. Well, not actually Burger King, but 3G Capital, the private equity firm that owns [...]
|By: David Dayen Sunday September 14, 2014 1:59 pm|
|By: Jon Walker Thursday July 11, 2013 10:10 am|
The proposed “Pay it Forward” college funding plan in Oregon.
|By: David Dayen Sunday May 12, 2013 1:59 pm|
In What Then Must We Do?, political economy professor Gar Alperovitz slowly and deliberately nudges readers off the traditional course of political activism assumed to bring about progressive change – elections, legislative fights, protest actions, firing the twin engines of grassroots Democratic groups and organized labor – arguing that these methods have failed. He finds readers at that moment of despair, when the best efforts we’ve known to create the space for change have failed. Indeed, he doesn’t believe that these efforts can reverse what is now a decades-long march of structural economic, environmental and political decline. “Absent major national shocks,” he writes, “the capacity for fundamental political change is limited in the American context.”
|By: dakine01 Tuesday October 23, 2012 6:30 pm|
I’m a bit surprised we don’t see more news articles like this one from the AP last Sunday (October 14) about a man attempting to rob a bank of $1 so he could be sent to a Federal Prison. How bad must it be to want to rob a bank so that you can get sent to prison? My guess is the three hots and a cot and health care sounded mighty appealing if the option was starving on the street.
|By: dakine01 Saturday October 6, 2012 1:00 pm|
This week has seen the final jobs reports that will be available to make a possibly measurable impact prior to November 6. Wednesday’s report from ADP had 162K new private sector jobs. Yesterday’s (Thursday, October 4) Jobless claims report had a slight increase to 367K new jobless claims and 4 week rolling average of 375K new claims. Finally, today’s (Friday, October 5) Bureau of Labor Statistics report has an increase of 114,000 jobs for September and the jobless rate falling to 7.8%.
|By: David Dayen Saturday September 22, 2012 1:59 pm|
I believe this is former Special Inspector General of TARP Neil Barofsky’s 206th media appearance in support of Bailout. He has tirelessly criss-crossed the media landscape to tell the story of his time in Washington and offer a warning about a government captured by Wall Street.
|By: Elliott Friday June 8, 2012 7:42 am|
David Dayen hosts Foreclosure Fraud: How the Banks Broke the Housing Market and How We are Fighting Back this morning at Netroots Nation. Panelists: former TARP Inspector General Neil Barofsky, community organizer Malcolm Chu, and whistleblower Lynn Szymoniak.
|By: David Dayen Friday February 17, 2012 11:00 am|
In the aftermath of the foreclosure fraud settlement, and as we look ahead to the working group on securities fraud co-chaired by Eric Schneiderman, one of the best people to look to for answers on how this whole thing could have gone – how it could still go – is William K. Black. The author of The Best Way to Rob a Bank is to Own One, and a central figure in exposing fraud among both financial executives and members of Congress during the S&L scandal, Black has been relentless on exposing the lax nature of regulation and prosecution during the past decade and more. His latest scoffed at the new task force on securitization fraud.
|By: Jane Hamsher Thursday February 9, 2012 10:45 am|
If you or anyone you know have been affected by foreclosure fraud, we want you to share your thoughts on the settlement with us. Unlike some who laid ground cover for this carnage by hailing Schneiderman a hero but remain silent today, we will not allow this deal — and what it means to the victims of foreclosure fraud — to be buried under a mountain of pro-settlement propaganda.
|By: dakine01 Tuesday October 18, 2011 6:00 pm|
So there I was this morning, having completed my daily check for jobs in my chosen field of Software Quality Assurance and Testing (I do wish it would take longer than five minutes as that would mean there are actually some improvements in the economy but such is life), when I reached the NY Times and saw this article with the headline from Mayor Bloomberg that “‘Tent City’ Goes Beyond Free Speech”: