Wall Street as The Great Gatsby?
Simon Johnson, MIT professor, former Chief Economist at the IMF and co-founder of BaselineScenario.com, stopped by today to talk about the financial crisis and why we desperately need to get rid of "too big to fail" banks. At the beginning of his new book, "13 Bankers," which came out yesterday, he used an intriguing quote to describe the culture of Wall Street. You might remember it from "The Great Gatsby." "They were careless people, Tom and Daisy—they smashed up things and creatures and then retreated back into their money or their vast carelessness, or whatever it was that kept them together, and let other people clean up the mess they had made." Stay tuned for Johnson's interview, which will launch in the next couple of weeks!
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The lawsuit claims the administration violated the First Amendment when it revoked the press credentials of reporter Jim Acosta.
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- The network filed a lawsuit against the administration on Tuesday, claiming the administration has violated multiple amendments.
- The White House may only revoke the press credentials of journalists for "compelling reasons," not for reasons involving content.
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- Political philosopher John Stuart Mill believed it would be for the collective good if everybody voted.
- Because of logistics, we may need to change the time of year we vote.
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