Hold Fast

I actually agree with this: We need equality under the law. From now on, laws that apply to the private sector must apply to Congress, including whistleblower, conflict-of-interest and insider-trading laws. Trading on nonpublic government information should be illegal both for those who pass on the information and those who trade on it. (This should [...]

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Today is the two month anniversary of Occupy Wall Street and there is a national day of action. In New York, the day is broken up into three separate movements at breakfast, lunch and dinner: 7:00am — Shut Down Wall Street We will gather in Liberty Square at 7:00am, before the ring of the Trading [...]

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“Resist austerity, Reclaim the economy, Recreate our democracy.” Nope, no clue what the Occupy Wall Street protesters want. Events are happening nationally.

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Lambert Strether has a guest post up at Naked Capitalism that looks at the violent raid on Occupy Wall Street and how the movement has responded to coordinated attacks on it from around the country. Lambert is an old hand in the lefty blogosphere and has always brought an incredibly rich moral perspective to his [...]

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Originally posted at AMERICAblog Elections: The Right’s Field Rut-roh. Bloomberg is reporting that Newt Gingrich “made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac.” Gingrich worked with Freddie Mac from 1999 to 2002, as the housing bubble was beginning to rapidly expand. What’s remarkable about this [...]

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In the middle of the night last night, Mayor Bloomberg had the NYPD violently evict Occupy Wall Street from Liberty Square. The police used physical force, including sonic weapons and pepper spray, to force protesters out. They destroy the 5,000 book library. They destroyed tents and tarps that people have been living in. They arrested [...]

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Originally posted at AMERICAblog There was a lot of rightful celebration when Bank of America and other major banks were forced to drop planned debit card fees following major protests from the Occupy Wall Street movement and other community groups. But, not shockingly, the major banks are still finding ways to squeeze money out of [...]

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This piece by Thomas Day in the Washington Post about how the Penn State child sex cover-up is the final straw for one Millenial in terms of his loss of faith in his parents’ generation. It’s incredibly damning, going beyond the failure to protect children to the failure to grow the economy, build our infrastructure, [...]

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Paul Kane must have been wearing a pair of bad idea jeans when he penned his op-ed in the New York Times calling for the US to trade Taiwan to China for $1.14 trillion in debt forgiveness by the Chinese government. Kane thinks that the US’s commitment to defend Taiwan in the event of an [...]

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Mike Konczal has a good post looking at Ezra Klein’s recent apologia for President Obama’s stewardship of the economy. Konczal goes back to the President’s 2010 State of the Union speech: It’s clear from the speech: President Obama announced the freeze and veto threat, and didn’t sound alarm bells, because he believed that the potential [...]

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