SEC's Andrew Bowden at Stanford – A Regulator for Sale?

See post below.
A troubling video and story.

http://www.rollingstone.com/politics/news/regulatory-capture-captured-on-video-20150325
 3/28/2015.

Blockupy: Thousands Protest in Frankfurt Calling on Eurozone to Dismantl...

March 19, 2015. Austerity policies in Europe 

China-U.S. Rivalry Front and Center of IMF Reform Debate

The Economics of Hillary Clinton

The economics of Hillary Clinton.

But Is Hillary Ready for Us?

March 13, 2015

William Greider

Date of Source: 

Tuesday, March 10, 2015

The Nation

The “Ready for Hilary” campaign has launched a not-very-subtle courtship of discontented Democrats, those leftish liberal activists who yearn for anybody but another Clinton. The not-yet candidate herself spoke to their concerns indirectly when she recently addressed the Silicon Valley Conference for Women. Clinton sketched out progressive goals for family-centered labor-market reforms. They were like love bombs for bleeding-heart liberals.

Meanwhile, the Center for American Progress, the shadow think tank that speaks for Clinton-Obama politics, issued a more substantive agenda in a 161-page report from its self-appointed “Commission on Inclusive Prosperity.” The co-chair was Lawrence Summers, former Treasury secretary under Bill Clinton and senior adviser to Obama. He performed an intellectual conversion equivalent to a double somersault in gymnastics. The new ideas were actually old ideas that progressive advocates have championed for decades to no avail. They were ignored or rejected by Summers himself and the two Democratic presidents he served.

Never mind, the message is: Hillary gets it. She’s ready to confront the inequality thing. She will bring fresh ideas to the campaign on how to reverse the deterioration of middle-class American life. Her list includes everything from parental leave to care for newborn infants to equal pay for women and paid vacations for all working people. The CAP agenda, among many sound ideas, opts for stronger labor unions, worker ownership of corporations, faster growth and full employment, a reformed global trading system that for American working people will become a “race to the top” instead of the bottom. What’s not to like?

But the Clinton seduction encountered a rocky start. In some progressive quarters, the shape-changing rhetoric inspired anger and abiding skepticism instead of applause. Many liberal advocates were reminded why they didn’t want Hillary in first place. Some saw a leopard changing spots into tiger stripes. Still, many policy activists were pleased that their agitation for Elizabeth Warren or other potential candidates was causing serious heartburn in establishment circles. The dissidents intend to do more.

Turning the European Debt Myth Upside-Down

Turning the European Debt Myth Upside-Down

Greek Economic Crisis and Democracy : Bernie Sanders

Stiglitz: A Fair Solution to the Greek Debt

Stiglitz: A Fair Solution to the Greek Debt

http://www.project-syndicate.org/commentary/greece-eurozone-austerity-reform-by-joseph-e--stiglitz-2015-02

February 3, 2015

Project Syndicate

NEW YORK – When the euro crisis began a half-decade ago, Keynesian economists predicted that the austerity that was being imposed on Greece and the other crisis countries would fail. It would stifle growth and increase unemployment – and even fail to decrease the debt-to-GDP ratio. Others – in the European Commission, the European Central Bank, and a few universities – talked of expansionary contractions. But even the International Monetary Fund argued that contractions, such as cutbacks in government spending, were just that – contractionary.
We hardly needed another test. Austerity had failed repeatedly, from its early use under US President Herbert Hoover, which turned the stock-market crash into the Great Depression, to the IMF “programs” imposed on East Asia and Latin America in recent decades. And yet when Greece got into trouble, it was tried again.
Greece largely succeeded in following the dictate set by the “troika” (the European Commission the ECB, and the IMF): it converted a primary budget deficit into a primary surplus. But the contraction in government spending has been predictably devastating: 25% unemployment, a 22% fall in GDP since 2009, and a 35% increase in the debt-to-GDP ratio. And now, with the anti-austerity Syriza party’s overwhelming election victory, Greek voters have declared that they have had enough.