Entries from Commentary tagged with 'wall street'

Crony Communist or Businessman?

Is Henry Paulson a crony communist or a businessman? The answer could be the difference between economic disaster and recovery. Understanding Paulson's role in stopping -- or fueling -- the credit crisis requires a review of two axioms from Economics...

Saying 'No Deal' to this New Deal

The marriage of American capitalism and democracy has always been a Pamela Anderson and Tommy Lee affair - stormy and erratic since its hasty wedding. But during the debate over a Wall Street bailout this week, we watched that matrimonial...

Back In the U.S.S.R.

When I worked for then-Rep. Bernie Sanders (I-Vt.) in the late 1990s, Washington was in the panting throes of a deregulatory orgy. Many lampooned my boss's opposition to the grotesquerie, and his notoriety as the only self-described socialist in Congress....

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