Mike Lux: Wall Street, Romney, and Obama
Bain Capital was Wall Street at its worst. But the Obama team, in the White House and in the campaign, in order to win on the Bain attack, needs to face -- and turn around -- the perception that the administration has been weak on Wall Street.
Mike Lux: Romneynomics
Former Romney partner in Bain Capital -- Edward Conard -- is out with a new book on economics. Conard believes that growing concentration of wealth is not just a good thing, but a fantastically great thing. The only problem our economy has, he suggests, is that we need a lot more of it.
Mike Lux: Banking Wars
One of the biggest unresolved issues in the 2012 election will be whether President Obama can convince the swing voters who are both angry at Wall Street and skeptical of government that he will actually hold Wall Street accountable.
Mike Lux: Which Golden Rule?
The notion of a business completely unconnected in its ethos from its workers and customers, along with the community and country in which it operates, is in fact a recipe for disaster.
Mike Lux: B Rapoport: Friend, Mentor, Great Progressive
He was friends with presidents and senators and speakers of the House (at least the Democratic ones), but his heart and his friendship went out to just about everyone he met.
Mike Lux: B Rapoport: Friend, Mentor, Great Progressive
He was friends with presidents and senators and speakers of the House (at least the Democratic ones), but his heart and his friendship went out to just about everyone he met.
Mike Lux: Homes, Banks, and Politics: Round 2 of Settlement Talks
There are two big ways for more mortgage write-downs to happen, and two big goals progressives should have for the financial fraud task force.
Mike Lux: Darwin: Scientist but Not Economist
President Obama's speech this week went after the extremists who control the Republican Party hard, and he nailed it. I was glad to see him explicitly tie Ryan and Romney to their Social Darwinist ancestors.
Mike Lux: Romney, Santorum and Goldman Sachs: Their Values Are the Same
It is amazing we live in a culture that allows the wealthiest and most powerful companies in the country cheat their clients and the public at large with impunity, and that their closest political allies aren't held to account as well.
Mike Lux: 2012 Scenarios: What if the Economy Heads Back Downhill?
Both in economics and politics, it is incumbent on Obama's team to plan for the worst just in case, and to craft a message that will work in the fall no matter the economic trend lines. There are a couple of major reasons this is especially important.
Mike Lux: A New Strategy for Wall Street Accountability
One of the things we always need to be careful of is letting down after a big fight comes to a conclusion. With the banking settlement finished, one phase of the fight for Wall Street accountability is over, but now we enter an even more important next phase.
Mike Lux: America’s Biggest Banks: Poor, Poor Pitiful Us
For about 16 months, we have been hearing that the settlement talks with the big banks are just about to close, but they never do, and it's clear that the major holdup now is bankers crying themselves a river, weeping, moaning, and gnashing their teeth.
