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Secretary of Labor under Bill Clinton Robert Reich speaks against the deliberately opaque campaign contribution laws ( which were recently futher gutted by the Supreme Court) which combined with increasing disparities of wealth are allowing the super wealthy to easily and secretly buy influence and politicians. Not only is income and wealth in America more [...] Robert Reich on his new book. The problems are structural, he say, with the biggest problem being the growing disparity of wealth. The upper 1% in the US got 27% of income in 2007. This leaves much less for the middle class. We will either have reform or reactionary politics which turns us against [...] Robert Reich, former Treasury Secretary, on the financial crisis Put simply, the Bailout of All Bailouts has been a dud, at least so far. Several nations (Ireland, Greece, Germany) have basically guaranteed all deposits. As a result, global capital is moving their way. They’re also thereby creating a new form of socialized capitalism. [...] |  | ||||
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