CT Blue

If I had to recommend five must read blogs, Wall Street on Parade would be one of them. Today, Pam Martens exposes a bit of skullduggery buried in the bill that kept the government funded. (As an aside, how low have we sunk when we can consider a Speaker of the House a success because […]

The New York Times is running a series of articles about the fact that the giant corporations in this country have successfully opted out of the civil justice system by making consent to arbitration a part of every contract. I recently bought a hard drive, and saw some fine print to the effect that merely […]

For some reason, I’m fascinated by the concept of “rent-seeking”, which explains so much about the way our economy works, but is so little noted by our media or our politicians, even those we normally style progressives. Here’s the latest egregious example I’ve come across, courtesy of Atrios: H&R Block’s entire business model is premised […]

Read this article before proceeding. If you find it a bit complicated or opaque, I think I can help by defining a few terms and giving a simple explanation of what’s going on here. “Regulatory Capital Relief” refers to a method currently utilized by banks to skirt the Dodd-Frank requirement that they keep enough real […]