dailybail.com - 27 days ago
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CNN Video: Dean Baker, of The Center for Economic and Policy Research, says regulation alone is not enough to fix too big to fail, and that we need to break up our largest banks.
Alan Greenspan has called for the largest banks to be sliced and diced.
Sheila Bair is for it.
Stiglitz says ...
Dean Baker: Won't You Please Come to Chicago?
huffingtonpost.com 10/15/2009 — The elites hate to acknowledge it, but when large numbers of ordinary people are moved to action, it changes the narrow political world where the elites call the shots. Inside accounts reveal the extent to which Johnson and Nixon's conduct of the ...
Banks own the US government | Dean Baker |
Comment is free
guardian.co.uk 7/3/2009 — Last month, when the US Congress failed to pass a bankruptcy reform measure that would have allowed home mortgages to be modified in bankruptcy, senator Dick Durbin succinctly commented: " The banks own the place. " That seems pretty clear. After all, ...
Dean Baker’s Right To Rent
baselinescenario.com 8/20/2009 — There’s another problem with trying to deal with the foreclosure problem – the most obvious solution, mortgage cramdowns, are very unpopular. They failed to pass last spring , and are probably even less likely to pass now. People don’t like thinking that they are rewarding ...
Talking Points Memo | Dean Baker Talks to His Inner Hayek
tpmcafe.talkingpointsmemo.com 12/16/2008 — Dean Baker wrote : Several Bush administration officials have suggested reducing mortgage interest rates to 4.0 percent, or possibly lower, with the intention of boosting the housing market. While there are markets in which it would be reasonable for ...
Dean Baker on the Swedish Model
delong.typepad.com 10/1/2008 — The Fabulous Baker Boy writes, somewhere on Josh Marshall's TPM. My one complaint is that if Obama had won then the TARP would not have been "a $700 billion giveaway to Wall Street." Only if McCain had won--and only if McCain's Treasury Secretary was ...
Ben Bernanke's failure at the Fed | Dean Baker |
Comment is free
guardian.co.uk 8/5/2009 — Departing from the normal practice of Federal Reserve board chairmen, Ben Bernanke has taken to barnstorming the country in recent months, giving public talks and recently appearing in a lengthy interview on the NewsHour with Jim Lehrer . The reason ...
Regulation Didn’t Break Banks; Police Don’t Cause Crime
paul.kedrosky.com 29 days ago — Good comment from John Kay in the FT: Their activities underwritten by implicit and explicit government guarantee, it is increasingly business as usual for conglomerate banks. The politicians they lobby sound increasingly like their mouthpieces, ...
Greenspan: Break Up Banks 'Too Big to Fail'
dealbook.blogs.nytimes.com 10/16/2009 — Alan Greenspan, the former Federal Reserve chairman, said Thursday that banking regulators should consider breaking up large financial institutions considered "too big to fail."
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