Working Life

   It is hard to overstate how out-of-touch the insiders in Washington are–and how much they are far more attuned to the demands of Wall Street and the financial powers-that-be. You can’t find a better example than the apparent bi-partisan deal to give the Federal Reserve Board more power–and, most astonishingly, the power to protect […]

Read the full story

   The financial collapse a year ago was also, in my mind, a further sign of the bankruptcy of the traditional media. Even though the rising real estate and stock market bubble were obvious for a number of years, The New York Times rarely took on the greed in Wall Street, treating, particularly in the […]

Read the full story

Oh, don’t get me wrong–Madoff will, and should, die in prison. But, there is a downside to all this obsession with Bernie Madoff–his crimes are miniscule compared to the legalized robbery that went on in Wall Street and devastated the lives of millions of people. And we can’t let the media circus around Madoff let […]

Read the full story

Oh, don’t get me wrong–Madoff will, and should, die in prison. But, there is a downside to all this obsession with Bernie Madoff–his crimes are miniscule compared to the legalized robbery that went on in Wall Street and devastated the lives of millions of people. And we can’t let the media circus around Madoff let […]

Read the full story

    This morning, Sen. Obama is scheduled to give a major address on the economy. Yours truly is scheduled to appear on CNBC’s "Power Lunch" (hey, I didn’t come up with the name) at 1:20 p.m. (Eastern Time). I may not have a chance to post the entire speech here before the CNBC gig but […]

Read the full story

    Yesterday, I observed the bizarre proposal by Sen. Clinton to hand over fixing the economic mess we’re in to the very people who helped create the mess (well, actually, for most workers we’ve been in an economic mess for a very long time–but you’all know that). I wasn’t trying to pick on Sen. Clinton […]

Read the full story

I have been waiting to hear what the presidential candidates have to say about how to address the financial crisis gripping the country, and the international markets. Very little of substance has been said, beyond vague pronouncements—until yesterday. Sen. Hillary Clinton released a plan, which, in my humble opinion, underscores why another Clinton Administration would […]

Read the full story