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- Appeals court strikes down DOMA: Tradition doesn't justify unequal treatment (+video)
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- Spelling bee: Intensity makes it the experience of a lifetime (+quiz)
Topic: Glass-Steagall Act
All Content
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Robert Reich
Obama should attack what Bain and JPMorgan have in common
Rather than lobbing generalized attacks at Mitt Romney and American business, Obama should attack a particular kind of capitalism that Romney and JPMorgan both practice: using other peoples’ money to make big bets which, if they go wrong, can wreak havoc on the economy.
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Robert Reich
Obama's disappointing response to JPMorgan Chase
Even if he didn't want to criticize Jamie Dimon, the president could have used the occasion of JPMorgan Chase's $2 billion trading loss to come out squarely in favor of tougher financial regulation. He didn't.
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Robert Reich
JPMorgan collapse: Can we regulate Wall Street now?
JPMorgan Chase & Co., the nation’s largest bank, announced Thursday that it had lost $2 billion in risky trades over the past six weeks. It adds fuel to the argument that Wall Street needs to be more heavily regulated.
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Robert Reich
What Obama's plan for fixing the economy should be
'We’re on the right track' isn’t a sufficient plan. The President has to offer the nation a clear, bold strategy for boosting the economy.
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Robert Reich
Income inequality highlighted on Tax Day
Income inequality is at its worst in nearly a century, with the highest earners paying low tax rates in the face of a massive federal deficit and crumbling public services. To lessen income inequality, we must curb the political power of the very rich.
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Robert Reich
How does the uber-wealthy Romney pay so little in taxes?
Romeny's low tax rate, and how he achieved it, provides an important lesson in how tax laws need to change.
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Robert Reich
The GOP is confused about public morality
The real threat to American morality is what's happening in corporate board rooms, not people's private lives.
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Robert Reich
Mitt Romney and the Bain of capitalism
If Romney's opponents are going to accuse him of doing things that are bad for society during his time at Bain Capital, then they need to propose laws that would prevent such things from happening in the future. They won't.
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Robert Reich
What Obama must do if he gets a second term
Many are prepared to help Obama get reelected if he commits to fix the country's broken financial system
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Robert Reich
Greeks' choice–and ours: Democracy or finance?
Greek Prime Minister George Papandereou called for a national vote on the budget cuts Europe has proposed for his country. Shouldn't US voters have had the same choice?
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Robert Reich
Why Obama should call for a breakup of big banks
What better way for the president to distinguish himself from Romney than to condemn Wall Street’s antics since the bailout and call for real reform?
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Robert Reich
Republican debates have lots of viewers, but no answers
Tonight’s Republican debate may attract lots of viewers. It need not capture their minds.
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Robert Reich
The rise of the regressive Right and the reawakening of America
A fundamental war has been waged in this nation since its founding, between progressive forces pushing us forward and regressive forces pulling us backward. But whenever privilege and power conspire to pull us backward, the nation eventually rallies and moves forward.
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Robert Reich
'Occupy Wall Street' the Left's Tea Party? Maybe, but...
If Occupy Wall Street coalesces into something like a real movement, the Democratic Party may have more difficulty digesting it than the GOP has had with the Tea Party.
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Robert Reich
What you won't hear about during the 2012 election
Why progressive ideas like wage increases and medicare won't be mentioned during presidential debates
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Robert Reich
'Job-killing' rhetoric is a distraction
Talk in Washington of ending 'job-killing regulations' isn't helping the US create any more jobs.
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Robert Reich
Finance bill: A mountain of paper, a molehill of reform
The American people will continue to have to foot the bill for the mistakes of Wall Street’s biggest banks because the legislation does nothing to diminish their economic and political power.
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Robert Reich
Slouching toward a double dip
With private sector job growth sluggish and public sector job cuts increasing, are we sliding towards a double dip recession?
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Robert Reich
Gulf spill: Where's the outrage, Mr. Obama?
In the Gulf spill and other recent scandals, President Obama has shown corporate America too much deference.
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The Reformed Broker
Senate passes financial reform bill
After intense debate in the Senate, expect to see victory laps from President Obama.
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Robert Reich
Lincoln to the rescue: Shaking up the derivative business
Arkansas Senator Blanche Lincoln wants to force banks to put their derivatives into separate entities that aren’t subsidized by the general public. Considering such a change would cut dramatically into big banks’ profits, does she stand a chance?
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Robert Reich
Getting Wall Street out of Washington and Washington out of Wall Street
If Washington knew what was good for it and the nation, it would sever its financial connections with Wall Street. Better yet, it would enact legislation seeking to limit the impact of corporate money in politics. But that's not happening any time soon.
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Robert Reich
A citizen's guide to reforming Wall Street
The current finance reform bill now being considered in Congress leaves out three of the most important things necessary to prevent a repeat of the Wall Street meltdown.
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Robert Reich
Break up the banks: Why we must limit the size of banks
"Too big to fail" means too much political leverage and too much power over Washington.
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Robert Reich
Greenspan, Summers, and why the economy is so out of whack
Former Fed Chairman Alan Greenspan and Larry Summers, director of the National Economic Council, bear much of the responsibility for the conditions that lead to the financial crisis.
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