Working Life

   A fundamental right of a functioning democracy is the right of the people to know what the government is doing–particularly with the peoples money. Let’s not be naive: we all have lived through many chapters in the country’s history where we do not know, in advance or in real-time, what the government does in […]

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    Apparently, Timothy Geithner threw a fit. Fascinating. Mainly because it says a lot about the power struggle underway for control over the economic system. Here is a snippet from The Wall Street Journal article: Friday’s roughly hourlong meeting was described as unusual, not only because of Mr. Geithner’s repeated use of obscenities, but because […]

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  I understand why the Administration had been working overtime to try to prop up major banks–but understanding does not mean agreement with the long-term strategy. In fact, the question worth asking today is not whether the stress tests are accurate or whether more taxpayer money will be needed to shore up the major banks. […]

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   On the one hand, this was one of the things that I, and others, worried about when the president announced his Cabinet (and let me just say that it is nice to listen to a president, even one who you disagree with on some fundamental issues of economic power, who can conduct a news […]

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The traditional press has ample capacity to obsess about stupid things but very little capacity to dig deep (yes, I know, I’m stating the obvious). Today’s example: Timothy Geithner. Yes, the guy messed up and, I’m going to take his word for it, forgot to pay some social security taxes. But, the real question is: […]

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