An Unemployment Escape, Hawaii Takes On The Banks, Treasury Tries To Bailout The Bailout And More

Friday, April 13, 2012 Elected Office As An Escape From Unemployment Out of work for eight months, Carol Murchie sought a novel escape from unemployment: elected office. Murchie, 54, lost her job as an archivist for a sports equipment maker in April of 2011. This year, she became a candidate for a part-time position with the city of Fairhaven, Mass. "In this bad economy, I finally thought maybe politics was a way to go because I've tried everything else," Murchie said. Hawaii Takes On Banks Over Alleged Credit Card Scam Millionaires Can Rest Easy, Buffett Rule Still Has Loopholes To Exploit Treasury Tries To Bail Out The Bailout Whistleblower Finds Death-Threat Note On Office Chair Renting Out Foreclosed Homes Poised To Become Big Business BLOG POSTS Iain Anderson: Is This the First Real Global Financial Leader Since Bretton Woods? There is no doubt in my mind. This week in Washington I saw the most impressive performance of a financial policymaker since the crash began in 2007. Helen Davey: Cracks in the Cover-Up When you see airline crews walking across the terminal with their suitcase on wheels, just know that they are also carrying another kind of baggage. Jared Bernstein: A Debate on Inequality, Opportunity, and Politics Had a rousing debate on inequality last night with Scott Winship from Brookings, moderated by Reihan Salam, both of whom lean conservative, and both of whom brought generally interesting and provocative views to the discussion. Steve Clemons: New Economic Thinking vs. German Ordnungspolitik Germany is not only unwilling to extend a real lifeline to other sinking economies in Europe, it's using this moment in history to promote an ideological austerity that it wants to compel other nations -- when their economies are reeling -- to do the same as the price for German support. Bob Burnett: Obama vs. Romney: Class Warfare Understanding Romney's perspective helps crack his campaign code. When Romney says Obama made the economic crisis worse, he means Obama did not follow Republican advice and do nothing; Obama did not stand by and let the economy crater.

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