Category: News

Bush II Slowed SEC During Financial Fraud Fury

“It was like someone poured molasses on the enforcement division,” said one manager about the Bush II Securities and Exchange Commission (SEC) during the chairmanship of Christopher Cox.20 As financial fraud raged on Wall Street, Cox’s management slowed financial law…

Band-Aid Still Stuck on Big Bailout Banks

In September last year, the Bush regime left behind its old refrain that “the fundamentals of the economy are strong,” and went to Congress for a quick $700B to bail out collapsing banks stuck with toxic assets.x60x61 Then-Treasury Secretary Henry…

Republicans Cling to Childish Ways

(Analysis.) In his inauguration speech, President Obama made this appeal:x50 [T]he time has come to set aside childish things. The time has come to reaffirm our enduring spirit; to choose our better history …” But when a child clings to…