No Separating Obama From the JOBS Act

By: Friday April 13, 2012 8:56 am

So I hear that Richard Trumka is personally outraged by the JOBS Act, and the larger idea that “this administration thinks that it’s going to be good for the country to re-inflate a stock market bubble.” This didn’t deter Trumka’s AFL-CIO from endorsing the President who signed that bill for re-election, of course. “Labor weighs [...]

Taibbi Savages JOBS Act as Fraud-Creation Policy Dressed Up As “Financial Innovation”

By: Monday April 9, 2012 1:39 pm

Yale professor Robert Shiller delivered a profoundly odd op-ed this weekend arguing that Occupy Wall Street and promoters of “financial innovation” have the same goal in mind, to “democratize” Wall Street. He picked up from his students some positive chatter about “crowdfunding,” where small investors seed startups with capital over the Internet, and he turned [...]

JOBS Act Gets Signed Today

By: Thursday April 5, 2012 8:24 am

President Obama will sign the JOBS Act today, a bill that sprung from his own Jobs and Competitiveness Council, a group with 19 corporate executives and 2 labor officials. Dealbook reports that Wall Street companies have begun to scour the bill for provisions that they can use to their advantage. Because that’s how it works, [...]

More JOBS Act Deregulatory Measures Found

By: Monday April 2, 2012 11:35 am

Visit for breaking news, world news, and news about the economy Yves Smith points us to a nice takedown of the woeful JOBS Act, which should get signed into law this week. Chris Hayes had Bill Black and Alexis Goldstein of Occupy the SEC on to talk about it, with Rep. Carolyn Maloney making [...]

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