Category Archives: Wall Street Wizards

Why was Elizabeth Warren treated like a “pinata” in Congress?

Elizabeth Warren Goes before House on Subcommittee Institutions and Consumer Credit Joe Nocera’s article in the NYT, “An Advocate Who Scares Republicans” regarding the recent appearance of Elizabeth Warren, President Obama’s advisor on the Consumer Financial Protection Bureau, at a … Continue reading

Posted in Banks, congress, Economy, Elections, Frank Luntz, Karl Rove, News, Politics, President Barack Obama, Republicans, Talking Points Alert, Uncategorized, Wall Street, Wall Street Wizards | Tagged , , , , , , , , , , , , , , , , | 2 Comments

Soros Agrees Markets Unable to Self-Regulate Excesses

Soros claims markets are unable to self-regulate their excesses. There is an important role for governments to play to prevent future financial crises. Mr. Soros also claims “Republicans are engaged in a maneuver of starving the beast [government] for political purposes.” Will the American public see through efforts to dismantle the good work government can do by the GOP yelling about deficits? Continue reading

Posted in Banks, congress, democrats, Economy, Education, Elections, Environment, Frank Luntz, human rights, human security, jobs, K Street, Karl Rove, language, Media, News, Obama, Politics, President Barack Obama, Republicans, Senate and Congress, Talking Points Alert, Wall Street Wizards | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Final Report Due from U.S. Financial Crisis Inquiry Commission 1/27/11

The Financial Crisis Inquiry Commission Set to Release Final Report on 1/27/11 According to the Huffington Post, there may be some organizations and individuals investigated for improper conduct surrounding the financial meltdown of the U.S. economy in 2007. However, not … Continue reading

Posted in Banks, congress, democrats, Economy, jobs, News, Politics, President Barack Obama, Republicans, Senate and Congress, Seniors & Social Security, Wall Street, Wall Street Wizards | Tagged , , , , , , , , , , , | 1 Comment

Obama Urges Americans to Close the Empathy Deficit

Thank you to Edwin Rutsch who left a comment on this blog about his Culture of Empathy.org website and documentary project. His website contains a historical record of President Obama’s interviews and speeches about the importance of empathy. 2004-11-23 – … Continue reading

Posted in common ground, Culture, dialogue, diplomacy, Education, empathy, inspiration, News, Obama, Politics, President Barack Obama, soft power, sustainable development, Wall Street Wizards | Tagged , , , , , , , , , | 1 Comment

Eye-popping revelations that Federal Reserve bailed out Wall Street with Multi-Trillion Dollars

How is it possible that the Federal Reserve Board could loan Trillions upon Trillions of dollars to banks and corporations at near 0% interest without requiring those institutions to treat their own clients seeking loans or credit fairly? On December 1, 2010 the Federal Reserve Bank was required to reveal transactions data regarding their secret loan deals that appear to be between 3.3 Trillion and 9 Trillion Dollars or possibly more. Continue reading

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Tax Cuts for 1-2% will Certainly Create Huge Deficit

Why do Republicans insist that Tax Cuts for the Top 1-2% Earners in the U.S. will create jobs? This is a myth. Tax Cuts for TOP 1-2% and Certainty Myth of Jobs The Bush tax cuts have been in place … Continue reading

Posted in Banks, congress, Culture, democrats, dialogue, diplomacy, Economy, Education, Elections, Energy, Health Care Reform, human security, jobs, Media, national security, News, NPT, nuclear disarmament, Obama, Politics, President Barack Obama, Republicans, senate, Senate and Congress, Seniors & Social Security, Talking Points Alert, Uncategorized, Wall Street, Wall Street Wizards | Tagged , , , , , , , , , , , , | Leave a comment

Obama Compromise with Republicans a Decision to Benefit All Americans

President Obama explained in his press conference today that he made a decision to work with Republicans in a compromise in order to help all Americans. He refused to allow the Republicans to hold the American people hostage for unemployment … Continue reading

Posted in arms control, common ground, congress, CTBT, dialogue, diplomacy, disarmament, Economy, Elections, Foreign Affairs, human security, Media, national security, News, NPT, nuclear disarmament, Obama, Politics, President Barack Obama, Republicans, senate, Senate and Congress, soft power, Talking Points Alert, Wall Street, Wall Street Wizards | Tagged , , , , , , , , , , , , , | 1 Comment

Boehner’s Tax Cuts for Wealthy 1% Like Tigers with Spots

Do Tigers have spots? Boehner’s Pledge To America is a deja-vu of Gingrich’s 1994 Contract with America, almost word for word! Where is the evidence that continuing Bush tax cuts for the top 1-2% wealthy in America will create jobs? There is no evidence. Cash rich U.S. corporations already have $1.8 trillion in cash on hand. Why aren’t they hiring more folks? They don’t want to. Instead they are hoarding the money. So why would continuing the tax cut help the economy? Don’t the top 1% already have enough money— 23.5% of all wealth in this country. What will Americans decide for the midterms? Can the electorate decipher hype and abstract talking points from real useful policies? Reality check… Continue reading

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Boehner’s Myth that Cutting Taxes for Top 1% Creates Jobs

John Boehner’s Myth that cutting taxes for the very very wealthy will create jobs is debunked by leading economists. 30 years of supply side economic policies have lead corporations to accumulate $1.8 trillion dollars in unused capital and drive down wages. Jobs will be created by putting more money into the hands of more Americans now. Continue reading

Posted in Banks, congress, Culture, democrats, Economy, Elections, News, Politics, President Barack Obama, senate, Senate and Congress, Seniors & Social Security, Wall Street, Wall Street Wizards | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Will Banks Start Lending Again and Reduce Credit Card Rates?

Banks were given money to help them stay afloat. Why are they jacking up credit card interest rates and hoarding money that could help average Americans and improve the U.S. economy? What are real solutions that will create a more stable healthy economic system in the U.S.? Continue reading

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