Suppose you wanted to make a killing in the bond market? The quick-and-dirty way to make a killing would be to go short on US Treasury bonds, then affect the budget negotiations on the debt ceiling in a way that affects the prices of Treasury bonds in favor of your

Emptywheel has some intriguing analysis of Senatorial hidden threats, smiling public faces, and back room parliamentary deals regarding our dearly beloved Patriot Act. The five senators involved in this were born between 1933 and 1956. Between those two dates, America had prevailed in WWII, the semiconductor industry had begun to

Where did I get that $62,905,312 figure?  From an article by Elliot Spitzer, surmising why the bankers — and their attack dogs in Congress — are so determined to smear Elizabeth Warren: Spitzer: Why are Republicans giving Elizabeth Warren such a hard time? According to Spitzer: “…financial, insurance and real

…the population of the metropolitan region of Cairo would scatter across fifteen US states…

On Wed, 30 June, the Financial Crisis Inquiry Commission will hold day long hearings on the topic of derivatives.
Session 1 will provide an overview of derivatives, and Michael Greenberger is scheduled to testify.
Session 2 will focus on AIG’s Derivatives, with Joesph Cassano scheduled to provide testimony.
Session 3 will focus on Goldman Sachs’ derivative products.

Net Neutrality affects you every time you log on to the Internet, pay your phone bill, or click a link. The FCC will play a key role in determining whether the Internet belongs to the public, or whether a few monolithic telecoms will control it.

Markets are the simplistic solution offered to solve most American problems, but they are not effective in distributing health care. Just because you can buy diamonds does not mean that you can purchase ‘a gallon of health’ at the store, which tells you quite simply that for-profit health insurance companies are not the most efficient means to deliver health care.

Markets are the simplistic solution offered to solve most American problems, but they are not effective in distributing health care. Just because you can buy diamonds does not mean that you can purchase ‘a gallon of health’ at the store, which tells you quite simply that for-profit health insurance companies are not the most efficient means to deliver health care.

Did you realize that Sen. Ben Nelson of Nebraska represents only 0.58% of all US citizens?
Did you realize that Blanche Lincoln of Arkansas represents only .93% of tall US citizens?
Would you call it Tyranny of the Itsy-Bitsy-Teenie-Weenie-Minority if you realized that health care reform is being held up by people representing about 4% of all US citizens?

In less than one minute, you can slide your mouse to get a sense of how your lifestyle and your choices affect the global environment — check out the Guardian’s new Interactive Carbon Calculator.