This story just hit the news: "Pay czar" will not cap compensation, reveal names. (Apologies for using the idiotic Glenn Beck term "Czar" to describe an adviser to the President, but Reuters felt it was appropriate to use Glenn Beck's framing, so I have to in order to report on it.) more »
The Congressional Oversight Board overseeing the financial crisis could question Treasury Secretary Timothy Geithner about his response to the financial crisis, but the COP is unarmed. It can't force answers or haul in the evasive. What we want is accountability. Will Congress step up?
Whenever pundits and political elites express surprise at the power of populism, I always think back to the tongue-in-cheek headline of Chris Hayes' In These Times article that read "Economic Populism Proves Popular." Populism is an ideology that says that government should - gasp! more »
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