Geithner on Wall Street Prosecutions: Just You Wait!

By: David Dayen Friday October 14, 2011 1:15 pm

Tim Geithner went on CNBC today and said that the Administration is getting right on the whole “prosecuting the people who defrauded the economy” thing.

Late Night FDL: Which Causes the Most Harm to the Most People?

By: dakine01 Saturday October 8, 2011 8:00 pm

You might have noticed this past week that the Department of Justice has seemingly declared war on Medical Marijuana dispensaries. The first salvo was probably at the end of September when the ATF issued a statement that it is illegal for medical marijuana users to use firearms. Since then, the four California US Attorneys have declared that California Medical Marijuana dispensaries have to close within 45 days:

SEC Puts Standard and Poor’s on Notice for Civil Charges on 2007 MBS

By: David Dayen Tuesday September 27, 2011 9:20 am

The SEC has told Standard and Poor’s that they may file civil charges over the rating agency’s role in a 2007 mortgage backed securities deal. The formal warning of potential imminent charges, known as a Wells notice, was delivered yesterday.

FDL Book Salon Welcomes Gretchen Morgenson and Joshua Rosner, Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon

By: Yves Smith Saturday August 20, 2011 1:59 pm

Reckless Endangerment describes the players that helped create the housing bubble and bust that were at the heart of the financial crisis. Gretchen Morgenson and Josh Rosner focus on how regulators and other officials were complicit by promoting liberalized housing finance as a way to increase homeownership. Their account chronicles how a naïve vision of the American Dream, that of homeownership as the foundation of upward mobility and stable communities, turned into a nightmare in the hands of a growth driven and increasingly predatory mortgage complex.

The Party Line – August 12, 2011: Obama, Drew Westen, and Me

By: Gregg Levine Friday August 12, 2011 3:22 pm

Because of that failure to finger, and a striking lack of proactive ideas in general, Obama’s Monday White House matinee served up a nothing-burger deluxe—not at all rare these days, I’m afraid, and also not well done. He wasn’t selling the steak, he wasn’t selling the sizzle, and he wasn’t telling a very good story in structural terms, either.

But the president very much needs to tell a story—to construct a narrative—because he very much needs to sell something: himself.

Even Larry Tribe Now Agrees: Fourteenth Amendment is a Viable Option. So Why Won’t Obama Use It?

By: Phoenix Woman Sunday July 24, 2011 4:48 pm

Is the much-touted “Fourteenth Amendment option” a viable end run around the debt-ceiling nonsense that threatens to destroy the world?

Charles Grassley thinks so. Bruce Bartlett thinks so. Former president Bill Clinton definitely thinks so: He’s said he’d do it “without hesitation, and force the courts to stop me.”

Will Western Democracy End Where It Began?

By: Glenn W. Smith Sunday July 3, 2011 9:30 am

The Aegean – the ancient Greek word for it meant “chief sea” – is, of course, the body of water Agamemnon, Odysseus, Achilles and the other Achaeans crossed in their assault on Troy. Odysseus sailed its waters at the outset of his journey home.

In other words, it was Aegean waves that washed the shores where Western history began. And it’s hard not to think of the ancient sea’s destruction at the hands of greed-soaked cyclopean giants of finance as, at the very least, a symbolic end of that history.

I Was Right, the “Experts” Were Wrong, So Why Am I the Underemployed?

By: dakine01 Friday June 3, 2011 4:46 pm

We are silent in that we do not have the resources to hire battalions of lobbyists to offer bribes campaign contributions that would allow us to gain a voice inside the beltway.

Is There Possibility Of A Glimmer Of A Clue?

By: dakine01 Saturday May 28, 2011 4:00 pm

No. It probably isn’t. Probably just some more wishful thinking on my part. Nevertheless, I was quite surprised this morning to see a few pieces around the web pointing out that a “new Republican Jobs bill” was just another tired rehash of the same failed policies of the last thirty years.

Stop LGBT Discrimination
CSM Ads advertisement
FOLLOW FIREDOGLAKE
become a member
Advertisement
FIREDOGLAKE’S #OCCUPY COVERAGE

LATEST FROM AROUND FIREDOGLAKE
Upcoming FDL Book Salons

Saturday, May 26, 2012
2:00 pm Pacific
The Great American Foreclosure Story: The Struggle for Justice and a Place to Call Home Chat with Paul Kiel about his new book.
Hosted by Cynthia Kouril.

Sunday, May 27, 2012
2:00 pm Pacific
MIC at 50: The Military Industrial Complex at 50 Chat with David Swanson about his new book.
Hosted by Eric Stoner.


Close