At least some of the billions of dollars that JPMorgan Chase lost gambling on credit derivatives once belonged to you.
Last week, Senator Jeff Merkley (D-Ore.) had the gall to spoil the Senate Banking Committee's gentle grooming of JPMorgan CEO Jamie Dimon by pointing out that his bank would not still be in existence without taxpayer assistance. BLOG POSTS  | Montserrat DomÃnguez: The Day That Greece Rescued Europe
The Greeks have deactivated the switch that threatened to blow Europe sky high. Antonis Samaras's New Democracy party victory in Greece does not in and of itself solve Athens' problems, nor those plaguing the rest of Europe's capitals. The boxer is still on the ropes, but the bell has been rung, ending the round; and that gives Europe time to recover, though it will have to keep fighting. In addition this week, if seen as part and parcel to what happened in Greece, the result of France's legislative elections and the majority that President Hollande now boasts both act as a serious warning to Angela Merkel in Germany. The message is clear: we are willing to go forward, but the pernicious austerity strategy that is pushing us into the abyss must be reconsidered. |  | Robert Reich: Why Republicans Worry About Hurting Corporate Feelings
The Republican goal of getting rid of Obama is inextricably linked to the Republican Court's decision equating corporations with people under the First Amendment, and to the Republican's current determination to keep Americans in the dark about which corporations contribute what. |  | Sanjay Sanghoee: Health Care Endgame: Activate the Public Option
President Obama's vision of universal health care will not die -- that much is assured. If it is wounded by judicial activism, it still has a chance to rise again, stronger and more pertinent, with a public option included. |  | Steven Strauss: Euro Crisis: If We're Heading Towards a 1930s-Style Depression -- Why Is the Stock Market So Bullish?
This crisis is not happening quickly. It's more of a slow-motion train wreck -- Greece's crisis started in 2009. But that leaves a puzzle -- why is the American stock market not reacting to obvious warning signs? |  | His Holiness Karmapa Thaye Dorje: The Wealth of Europe
The financial crisis in Europe, and the suffering caused by it, is something that has increasingly drawn my attention. The population of young people - my own age group - is particularly affected by it. Therefore, I believe that questions such as 'What is wealth?' and 'What makes us wealthy?' are more relevant today than ever before. | | MOST POPULAR ON HUFFINGTONPOST.COM |
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