Are Mitt and Newt Channeling their Inner Progressives?

robertreich.org — Two important reforms are stopping the revolving door between Washington and the nation’s financial giants, and preventing financiers from flipping companies (making short-term profits by borrowing big sums to buy them, then squeezing payrolls and firing employees, and reselling the stripped-down companies at a profit — unless the debt-laden firms fall into bankruptcy first). Remarkably, the frontrunners for the Republican nomination for president seem to agree. At least, that’s the clear implication from what they’ve said today.

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