“The ‘Volcker Rule’ represents Glass-Steagall-lite. It cannot work because it avoids doing what Glass-Steagall did — creating a ‘bright line’ rule separating what was permissible from what was forbidden. The failure to simply repeal the repeal of Glass-Steagall and repeal the Commodities Futures Modernization Act (which created the regulatory ‘black hole’ for financial derivatives) demonstrates…

“Today we mourn the death of Nelson Mandela, the South African freedom fighter who was incarcerated for his leadership in the armed revolutionary wing of the African National Congress. During the 28 years of his incarceration, Mandela defied his captors from his cell by preserving his humanity and compassion in the face of the brutality…

“The mood here in South Africa is terribly somber. This was the day that everyone knew would come. … I happened to work in his [Mandela’s] office twice, ’94 and ’96, and saw these [economic] policies being pushed on Mandela by international finance and domestic business and a neoliberal conservative faction within his own party.”…

“While Obama denounces inequality, the Obama administration is rushing to conclude talks on the Trans-Pacific Partnership (TPP), a sweeping commercial pact with 11 Pacific Rim countries that implicates everything from the cost of our medicines to the safety of our food. The TPP also threatens to further widen the gap between rich and poor, as…

“North Dakota doesn’t issue general obligation bonds because the state has its own bank to finance public infrastructure. Last year their public bank, the Bank of North Dakota, issued a $50 million loan to fund a new water pipeline. The paid interest on this loan is reported as profits to the bank and — guess…

“It is inexcusable that Congress continues to rely on ineffective, secretive negotiations when Americans deserve an open, regular, transparent budget process. And, with Americans agreeing on a wide range of priorities, from closing corporate tax loopholes to reducing military spending to securing Social Security, it’s unconscionable that Congress cannot put partisanship aside and deliver. We…

“Since the buying frenzy began, no company has picked up more houses than the Blackstone Group, the largest private equity firm in the world. Using a subsidiary company, Invitation Homes, Blackstone has grabbed houses at foreclosure auctions, through local brokers, and in bulk purchases directly from banks the same way a regular person might stock…

“The 19th United Nations Framework Convention on Climate Change Conference of the Parties or ‘COP’ meeting flirts dangerously close with being dubbed a ‘Conference of Polluters.’ “The head honcho of the process, Christina Figueres [executive secretary of the UN Framework Convention on Climate Change], offered gentle fig leaves to coal industry CEOs. While she refused…