- Obama Turns Up Pressure for Deal on Budget Cuts NYT
- Frustrated Obama on GOP: "There’s nothing that I can do" Salon
- Obama: Helping rich only thing that 'binds' GOP together
- Sequestration Sacrifices Jobs to Save Billionaire Tax Breaks
- Deficit Obsession Has Hurt The Recovery: CBO
- New study badly undermines GOP position on sequester—"The single greatest driver of income inequality over a recent 15 year period was runaway income from capital gains and dividends."
- Navigating The Sequester: The Fake Fight Over Who's At Fault
- Americans will blame GOP for sequester—And they would be correct.
- The Best Plan for the Sequester: Just Kill It
- Klein to Brooks: 'But I've read Robert Rubin's tax plan...'—When it looked like Brooks hadn't.
- Why Should Taxpayers Give Big Banks $83 Billion a Year?—"[W]hat if we told you that, by our calculations, the largest U.S. banks aren't really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?"
- Don't Blink, or You'll Miss Another Bailout—"A deal involving Bank of America that came to light recently shows how bank bailouts have continued, even if in a much quieter form than in the depths of the financial crisis." NYT
- How to Make Money by Screwing Your Customers
- Wall Street wins again—"The secret truth: There never was a 'task force' dedicated to ferreting out mortgage fraud." Salon
- Just whose crisis is this? Resolving the current crisis will take more than evidence of incompetence and criminality in the ruling elite.
- Obama gift-wraps the SEC—"Mary Jo White isn't just a semi-compromised corporate crony. She's the embodiment of a corrupt Wall Street culture." Salon
- Time to break up the big banks
- Former U.S. bailout cop says another crash is inevitable
- SEC to roll out 'RoboCop' against fraud
- Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing —She's got them on the hot seat.
- DC's quest to silence Elizabeth Warren—"For the liberal star, DC's establishment perversely defines success as keeping her head down and not making waves." Salon
- Fox News Bizarrely Blames Elizabeth Warren For The Financial Crisis
- GOP to Filibuster Obama's Consumer Watchdog Pick
- Quietly Killing a Consumer Watchdog—"Senate Republicans are using the filibuster to stop regulation of financial abuses." NYT
- Warren Tries To Wedge Wall Street From GOP In Consumer Bureau Fight—Some Senators are wishing they "didn't oppose her appointment to the CFPB back in 2011."
- The One Percent Gobbled Up the Recovery: In fact, it put the 99 percent back inrecession
- Equal Opportunity, Our National Myth—"The upwardly mobile American is becoming a statistical oddity." NYT
- Inequality Is Much Worse Than You Think—"As the administration and Congress argue over cuts in social programs, inequality in America grows more extreme each day."
- Income Inequality In U.S. Worse Than Ivory Coast, Pakistan, Ethiopia
- China bans television ads for bling—"China has banned advertisements for luxury products on its official state radio and television channels. The move is an apparent attempt to douse growing social frustration in the wealth gap between the country's rich and poor -- and to stop corruption conducted through luxury gift-giving."
- Today's Young Adults Will Never Pay Off Their Credit Card Debts
- Hotel Mama: Bad Economy Has Young Europeans at Home—"Young Europeans in countries hit hardest by the Continent's economic crisis are finding it difficult to move out of their parents' home. Data shows over 50% of those 25-34 in some countries have yet to moveout."
- Study: Nearly half are overqualified for their jobs