L. Randall Wray
L. Randall Wray's Latest Articles | 57
Memo to Dodd: Elizabeth Warren is Worth the Fight
Outgoing Senator Dodd just weighed in on the possibility that Elizabeth Warren might get the top spot heading the new Bureau of Consumer Financial Protection at... Read »
May the Biggest Loser Win: Euroland’s Race to the Bottom
As part of the EU/IMF plan to resolve Greece’s debt crisis and to make its economy more competitive, the government announced a couple of weeks ago plans... Read »
Goldman Vampire Squid Gets Bitch Slapped: JP Morgan Bitch Slaps the Dow; and Geithner Tries to Bitch Slap Elizabeth Warren
Ok here were three pieces of news today. First, Goldman Sachs was fined $550 Million for duping customers. We do not need to recap the charges in detail. Goldman... Read »
Goldman Sachs Vampire Squid Gets Handcuffed
In a startling turn of events, the SEC announced a civil fraud lawsuit against Goldman Sachs. (GS) I use the word startling because a) the SEC has done virtually... Read »
The Chinese Are Coming! The Chinese Are Coming! Oh My!
One of the scare tactics in the toolbox of the deficit hawks is the argument that Chinese ownership of U.S. government bonds is dangerous, economically and politically.... Read »
Tell Your Representative to Leave Social Security Alone
Ok, here is the dumbest headline the NYTimes has run in recent days: Social Security Payouts to Exceed Revenue This Year By MARY WILLIAMS WALSH The system is expected... Read »
Health Insurance “Reform”: Is a Bad Bill Better than Nothing?
Many who supported health care reform are celebrating passage of the Health Insurers Bail Out Bill (HIBOB) and the argument that something–no matter how fundamentally... Read »
Neoliberal Deficit Hysteria Strikes Again
ADVICE TO PRESIDENT OBAMA AND PRIME MINISTER BROWN: Tell the IMF, the European Commission, and the Ratings Agencies to Take a Hike. In recent days, articles in Der... Read »
Health Care Reform: A Bailout for Insurers and Cuts to Medicare
It is beginning to look like Congress is going to vote to pass health care legislation on Sunday. According to the NYTimes, Democrats are practically celebrating... Read »
Did Geithner Help Lehman Hide Accounting Tricks?
Just when you thought that nothing could stink more than Timothy Geithner’s handling of the AIG bailout, a new report details how Geithner’s New York... Read »







