Fresh audio product
Just added to my radio archive (click on date for link): July 29, 2021 Rupa Marya and Raj Patel, authors of Inflamed, on the social and ecological causes of disease • Robert Pollin, co-author of this article, on the role of giant bailouts in neoliberalism and the greatness of Hyman Minsky
Bankers fly in private jets, regulators ride the bus
These guys are supposed to regulate Wall Street? U.S. Regulators Face Budget Pinch as Mandates Widen: “On a recent trip to New York to tour a trading floor, a group of employees from the commodities watchdog [the Commodity Futures Trading Commission] rode Mega Bus both ways, arriving late to their meeting despite a 5:30 a.m. departure. The bus, which cost $30 a person round trip, saved the agency roughly $1,000 over Amtrak.”
Radio commentary, April 22, 2010
financial “reform” Our president gave a speech on Thursday in the Great Hall at Cooper Union, the site of Abraham Lincoln’s rather conservative 1860 speech on slavery. Obama’s speech was on a much less elevated topic—financial regulation. He made a lot of appealing sounds, and the financial execs in the front row mostly sat on their hands, but while he was talking, Congress was busy working out compromises—with Wall Street’s army of lobbyists at their sides. So I’m going to reserve commentary until we see what’s actually in the thing. Will there… Read More
LBO News from Doug Henwood 
Posted on July 16, 2010 by Doug Henwood
Radio commentary, July 15, 2010
burstlet fades It’s now becoming quite obvious that the burst of strength in the first quarter of the year has given way to something much less yeasty. The rate of job growth has slowed dramatically, and the retail sales report released earlier in the week revealed that Americans just haven’t been spending money in the last few months with the vigor they showed in the winter and early spring. I’m not at all surprised by this development—this is what recoveries from financial crises look like. And the Federal Reserve has now come… Read More