America’s banks remain under fire, including a public resignation by a Goldman Sachs executive disgusted by the firm’s abuse of its clients. New protests also include calls by some Christian churches for the banks to repent for their roles in the nation’s foreclosure crisis, Michael Winship reports.
When financier Robert Allen Stanford was a high-flying billionaire, he spread his campaign donations around to powerful politicians of both parties, from Barack Obama to John McCain. But now – with Stanford convicted of fraud – a federal court is demanding refunds of his largesse, reports Michael Winship.
Since the early supply-side days of Ronald Reagan, the Right has pretended that slashing taxes on the rich will generate extra revenue, thus more than paying for itself. The reality has turned out differently, but Michael Winship says that hasn’t changed the determination to bend reality to politics.
The late Steve Jobs was perhaps the most acclaimed businessman of his generation, making the iconic Apple products both stylish and efficient, even if that meant pushing his work force to extremes. But those extremes sometimes meant cruelly exploiting overseas workers, as Michael Winship reports.
In demonizing the long-dead Saul Alinsky, Newt Gingrich is exploiting ignorance about the Chicago community organizer while blowing a dog whistle for some bigots on the Right over the “foreign-sounding” Russian-Jewish name. He’s also got his history wrong, as Bill Moyers and Michael Winship note.
Police have cleared out most Occupy Wall Street encampments around America, but no one is stopping the ultra-rich from partying on with the trillions of dollars in bailout help from the feds and the Fed, as Bill Moyers and Michael Winship observe.
The Wall Street banks may have crawled back from the cliff of 2008 – and may have trimmed their bonuses a bit as they adjust to a more austere America – but they still get to place ex-employees in key government jobs, close to the ear of power, as Bill Moyers and Michael Winship note.
Mitt Romney, who wants talk of income inequality confined to “quiet rooms,” admits he’s spent the last decade living mostly on investments and paying less than half the taxes that would apply to a salary, just one more example of why the rich keep getting richer, as Bill Moyers and Michael Winship observe.
Over the past three decades, right-wing policies have diverted the wealth of America into fewer and fewer hands, and a right-wing Supreme Court has let money dominate U.S. politics like never before, challenging Woody Guthrie’s idea that “this land was made for you and me,” Bill Moyers and Michael Winship note.
Though a decade into history, the events of 9/11 still have a powerful tug on the emotions of Americans, especially New Yorkers whose lives were profoundly changed, as Michael Winship observed after a preview of “Extremely Loud and Incredibly Close.”