‘No Substantive Progress’ in Fiscal Cliff Talks, U.S. House Speaker
CNN Politics | 29 November 2012
After meeting Thursday with President Barack Obama’s point man on fiscal cliff talks, House Speaker John Boehner said he was disappointed that “no substantive progress” has occurred due to what he called the failure of the White House to propose serious spending cuts.
Calpers Seeks to Sue San Bernardino Over Pension Payments
Bloomberg Businessweek | 29 November 2012
The California Public Employees’ Retirement System is seeking to sue bankrupt San Bernardino over missed pension payments, the second potentially precedent- setting fight the fund picked with a California city this year.
Bernanke’s Easy-Money Moves: The Crucial Reality
Yahoo! Finance | 28 November 2012
Federal Reserve Chairman Ben Bernanke has not kept short-term interest rates at record lows for the past four years just so companies with no need for cash can borrow great sums of it for next to nothing.
Progressive Commentary Hour – Economic Austerity – 11/26/12
Progressive Radio Network | 26 November 2012
Catherine Austin Fitts is the president of Solari Inc. and the publisher of the Solari Report, which provides investment consultation for shifting wealth away from financial institutions without acting on our best interests.
Lobbying Group That Backs Cuomo Gets Big Donations From Firm He Investigated
The New York Times | 26 November 2012
A Manhattan real estate and investment firm that was part of an inquiry led by Andrew M. Cuomo when he was attorney general is now one of the largest contributors to a lobbying group that seeks to promote Mr. Cuomo’s agenda as governor.
Booms and Busts Happen More Often Than You Think
The Street | 26 November 2012
When stock markets crash, you can’t pick up a newspaper or turn on the television set without someone writing or talking about it.
Swap-Dealer Clearing Rules Set for Completion by CFTC Next Week
Bloomberg | 21 November 2012
Wall Street’s largest swap dealers, including Goldman Sachs Group Inc. (GS) and JPMorgan Chase & Co. (JPM), will be required to guarantee trades at clearinghouses starting in March under a government rule set for completion next week.
Retail’s Hidden Potential: How Raising Wages Would Benefit Workers, the Industry, and the Overall Economy
Demos | 19 November 2012
With more than 15 million workers in the sector, and leverage over workplace standards across the supply chain, retail wields enormous influence on Americans’ standard of living and the nation’s economic outlook.