America’s Housing Paradox

My whole life’s Been in a trough; Since my apartment Got sold off. As the Bible pointedly reminds us, rains fall alike upon the just and the unjust. Nowhere is this axiom more pointed than in securing a place to live. Sure, maybe some of those luckless...
Creative Direct Action: Protest Bank of America’s Tax Avoidance

Creative Direct Action: Protest Bank of America’s Tax Avoidance

The theme for this protest is creative action! If you can sing, sing! If you play a musical instrument, play a musical instrument! If you can dress up, dress up! It is a carnival of protest! The meeting localtion is in Columbia Heights. Look for the blue umbrellas....

Big Bankers Aren’t Like the Rest of Us

Work your heart out, Get no thanks; Wages scarfed up By the banks. You may have noticed that laws governing you and me tend to be rather rigidly enforced, whereas laws governing banking and finance are more loosey-goosey. Word is this has something to do with us...

A Banker who Gets It

Populist banker. Now those are two words you rarely see linked together. But Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, truly is a rarity. Firmly rooted in small-town Iowa and Kansas, he has never aspired to be part of the Wall...
Move Your Money

Move Your Money

Do you love your megabank? I’m talking about your local branch of CitiChaseWellsMorganofAmerica–or some similar financial conglomeration. As you might have learned from experience, they have thousands of bankers who specialize in finding innovative new...

Guns are a Guy’s Best Friend

Keep your family Safe from harm; Buy another Firearm. Many fantasies plague the five-member majority of our out-of-control Supreme Court. One is that law enforcement in most of the United States has pretty well collapsed. Such a nightmare plainly calls for armed...

Street Heat Strengthened Wall Street Reform

I am honored to be here with people and organizations that deserve big credit for the progress we’re seeing on financial reform. I say that because I don’t see any other way to explain what’s happened over the past year. In June 2009, Treasury...

BP and Sado-Messochism

Aside from the occasional asteroid and volcanic outburst, human beings are responsible for the greatest messes on the planet. We’ve polluted the air and water, punched holes in the ozone, and pumped enough carbon into the atmosphere to overwhelm the global...
Banks Profit While Our Farmers Fail

Banks Profit While Our Farmers Fail

Bruce Drinkman is a successful organic dairy farmer who milks 50 cows with his wife, Mari, near Glenwood City, Wisconsin. Despite his 34 years of experience, the two-year drop in milk prices and four years of drought have meant no profits or savings. Last fall they...

Yes, Virginia, Banks Really Are the Bad Guys

Banks emitA friendly tone;At least untilYou want a loan. I have here in my hand, as Sen. Joe McCarthy used to say about alleged communist evidence, a bona-fide “Delivery Authorization” from Wachovia Bank (“a Wells Fargo Company”). They’ve...

Injustice Served

Bradley Birkenfeld, who is serving time in a Pennsylvania federal prison for his role in Swiss-bank tax evasion schemes that he exposed, is now petitioning President Obama for clemency. He submitted his clemency application on tax day, arguing that he has worked with...

Wall Street Gets It

I don’t know why people, even smart people, keep saying that bankers and the rest of the Wall Street crowd don’t get it. Dana Milbank, writing in The Washington Post, said it just the other week after Lloyd Blankfein, the Goldman Sachs chairman, testified...
Murder Capital of the World

Murder Capital of the World

On January 31, an armed commando unit pulled up to a house in a working-class neighborhood in Ciudad Juarez on the Mexican side of the border with the United States. Inside the house, 60 teenagers were celebrating a friend’s birthday. Wielding high-caliber...