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As Congress Stiffs Jobless, Deficit Hawk, Liberal Economist Plead: Create Jobs Now! - Working In These Times (www.inthesetimes.com) TMC

With the Congress delaying on extending unemployment insurance and only taking half-measures to address high unemployment that could last for years, an important new article co-authored by a liberal... More

Tags: tmc,tmcmedia,congress,economytmc,jobs,unemployment,recession,economy,deficits

Submitted 18 days ago by AlisonHamm | 0 Comments |

Volcker pitches bank risk-taking rules to Congress (www.latimes.com)

Former Federal Reserve Chairman Paul Volcker made a personal pitch Tuesday for the Obama administration's new proposal to sharply limit risks taken by the nation's largest banks, using his status as a... More

Tags: big banks,volcker,congress,too big to fail

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Weekly Audit: Stop Wall Street’s Economic Rampage (www.themediaconsortium.org) TMC

Over the past year, Wall Street’s excess has helped push the unemployment rate to epic levels and created millions of foreclosures. Yet the rules of the financial road remain unchanged. As 2009... More

Tags: economy,wall street,obama,financial reform,congress,tarp, TMC

Submitted 2 months ago by lizchapman | 0 Comments |

Stop Usury Now (www.thenation.com)

The Democratic party brushed aside the question of usury last spring when Congress decided not to impose any limits on the ruinous interest rates charged by major banks and other lenders. But usury is... More

Tags: metro iaf,congress,usury,religion,big banks,interest rates

Submitted 3 months ago by lizchapman | 0 Comments |

More Easy Money for Wall Street (www.thenation.com) TMC

A permanent security blanket for big boys of finance will further inflame public opinion. Only the public isn't likely to know.

Tags: wall street,big banks,congress,federal reserve,house,goldman sachs,treasury,insurance companies,tarp,socialism,tmc

Submitted 3 months ago by lizchapman | 0 Comments |

How Credit Raters Fended Off Oversight From Congress and SEC | The Huffington Post Investigative Fund (huffpostfund.org) TMC

When the nation’s top credit rating companies came under attack in Washington in recent years, Charles E. Schumer often emerged as their strongest ally.

Tags: TMC,charles schumer,washington,sec,credit raters,congress

Submitted 3 months ago by lizchapman | 0 Comments |

Congressmen To Call For Break-Up Of Biggest Banks (www.huffingtonpost.com)

Five House Democrats will call this week for a return to a Depression-era law that separated Wall Street investment banking from Main Street commercial banking.

Tags: big banks,investment banks,glasssteagall,congress

Submitted 3 months ago by gregplaysdrums | 0 Comments |

Busy Economic Agenda Set for This Week (www.cutimes.com)

As Congress begins an intense three-week session, economic issues will be among the key items on lawmakers’ agendas this week. The House Banking Committee is scheduled to vote Wednesday on... More

Tags: break up banks,congress,banking committee

Submitted 3 months ago by codydamon | 0 Comments |

U.S. Financial Regulation Overhaul: Side-by-Side Comparison (www.bloomberg.com)

President Barack Obama handed the U.S. Congress a road map for an overhaul of financial-services regulation in June, including greater oversight of derivatives and system-wide risks, new ways to wind... More

Tags: obama,congress,banking industry,financial regulations,economic,breakup banks

Submitted 4 months ago by codydamon | 0 Comments |

Number Of Hungry Americans At An All-Time High (airamerica.com) TMC

A new report shows that 49 million Americans experienced some sort of food shortage last year, including many children. President Obama pledged to eliminate child hunger by 2015 during his campaign.

Tags: obama,food shortage,us economy,child hunger,congress,food stamps,wic,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

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