The Man Who Invented “Too Big to Fail” Banks Finally Recants. Will Obama or Romney Follow?

Picture of former Citigroup CEO Sandy Weill

OCCUPIED TUCSON CITIZEN? I’m in Alaska, amid moose and bear, trying to steal some time away from the absurdities of American politics and economics. But even at this remote distance I caught wind of Sanford Weill’s proposal on CNBC that big banks be broken up in order to shield taxpayers from the consequences of their …

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The True Job Creators are Middle Class Consumers

Income is Income: Raise the Capital Gains Tax

TED Nick Hanauer’s TED talk on inequality was widely reported as being banned from publication, but perhaps it would be more accurate to say that it may have suspiciously been overlooked because its content is so contradictory to orthodox economic philosophy. It’s certainly also possible that it was merely passed over as other videos that …

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