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Nation Topics - Economic Policy

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Banks do have a license to steal. There is no other way to read Tuesday's report from the New York state comptroller that bonuses for Wall Street financiers rose 17 percent to $20.3 billion in 2009.

How could Barack Obama have ended up, one year later, where Franklin Delano Roosevelt began?

Nation DC Editor Chris Hayes explains why Republicans have been spewing criticisms of the stimulus money while simultaneously supporting the achievements it has made in their own states.

"Buyer's remorse" is the way John Cornyn, the Senate Republicans' fundraiser, gleefully refers to Wall Street moguls' current disenchantment with the US president they thought they had bought.

Obama's endorsement of what he calls the 'Volcker Rule' for once puts him squarely on the side of ordinary Americans as opposed to the banking bandits who have so thoroughly fleeced the public.

A freeze on discretionary spending may poll well, but it endorses ignorance of how the federal government spends its money.

Treasury Secretary Timothy Geithner was summoned to testify before the House yesterday to answer two questions: why did he sign off on AIG paying full value on insurance for bad assets, and what was his role in the decision not to disclose that?

The first casualty of the president's political debacle will likely be Timothy Geithner, the severely over-confident treasury secretary well-known as a lapdog of Wall Street.

On the FCIC's second day of hearings, witnesses examined how Wall Street incentivized and why the Federal Reserve didn't stop subprime lending.

The federal inquiry hearings inevitably leads to the question: why aren't any these big players already in jail? And no, Bernie Madoff doesn't count.

Blogs

Europe remains politically and economically divided.

January 28, 2015

The 1 percent has captured the majority of gains since the Great Recession in most states.

January 26, 2015

Taxing financial transactions can provide real resources to address income inequality.

January 12, 2015

And if so, does the left party inherit a poisoned chalice? Or can it make a fresh start?

December 31, 2014

Progressive senators are objecting to Obama’s latest Wall Street nominee.

November 24, 2014

The Trans-Pacific Partnership might give corporations the ability to sue countries for “expected future profits.”

November 11, 2014

Hillary Clinton may not be a populist, but she is a savvy politician.

October 17, 2014

Ryan is asking the poor to be more flexible in being oppressed.

August 15, 2014

Yes, the far right performed well in Europe’s elections. But wherever voters had a clear choice between economic democracy and right-wing xenophobia, they went left.

June 9, 2014

It’s the product of both deregulatory neoliberal capitalism and Korea’s authoritarian past—a history in which the United States played no small part.

May 21, 2014