Robert Kuttner

The People Promoting Seizure Of Your 401(k)

(Editor's note: This will be one of those very long but very interesting articles full of tidbits of information you need.  Please take the time to read the entire article and/or bookmark for later reading and linkage.  I am attempting to break this topic of retirement security down into manageable yet related pieces.) On 10.7.2010, Sen. Tom Harkin held a HELP Committee hearing "to examine retirement security in America".  His full statement from the hearing can be found here.  The full video of the hearing can be found here. One of the main witnesses before the committee was Ross Eisenbrey,…
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Obama Stands His Ground With Republicans On ‘Financial Reform’

Does anyone find it odd that Bambi 'holds' his ground with the republicans but chokes with the Somali Pirates and bows to just about everybody else? Mr. Kuttner obviously has not read Dodd's 1400 page masterpiece enough to know that it allows for bailouts in perpetuity (pg 1379).  I haven't even gotten all the way through the book on financial reform and I already know that creating a new government agency with a $500 BILLION DOLLAR YEARLY budget to keep track of every single financial transaction known to mankind, invest money, and then report on the firms they have invested…
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