PoliticsRx Political Prescription

New Wall Street reform in Washington ranges from derivatives, to bank capital requirements and trading-desk spinoffs, to the widely popular consumer agency.

Read More: Wall Street reform’s toughest decisions still to come – Jun. 19, 2010.

Warren Buffet: Why bank reform is needed

Posted under Financial, Keeping Informed

In this article:

• Sen. Richard Shelby, Alabama, the top ranking Republican on the Banking Committee objected on the ban that would keep banks from using taxpayer-backed money for trading in their own benefit.
• Shelby objected to reining in predatory payday-lending practices
• Shelby also objected to a ban on naked default swaps, which were at the heart of the crisis

GOP Blocks Three Key Anti-Wall Street Amendments.

Posted under Financial, Government Bailout, Keeping Informed

Think Progress » ExxonMobil paid no federal income tax in 2009. Updated.

Posted under Energy, Financial, Keeping Informed, Taxes

More justification for providing access to higher-education:

Read More: johnrutledge – unemployment rates by education level.

Posted under Financial, Keeping Informed

An excellent article about saving government money (our taxes) through small business.

Read More:  Calling All Entrepreneurs: California Needs You.

Posted under Financial, Keeping Informed, Taxes