robert reich

Robert Reich says what other fear to:

According to Treasury Secretary Hank Paulson, the biggest Wall Street banks now getting money from the government are just “too big to fail.” Fed Chairman Ben Bernanke uses a different euphemism – he calls them “systemically critical.” The point is that if any of them goes down, it could take the whole financial system with it.

So we taxpayers have to keep them up.

Robert Reich notes something Hillary said during her appearance on ABC’s This Week today…

When asked this morning by ABC News’ George Stephanopoulos if she could name a single economist who backs her call for a gas tax holiday this summer, HRC said “I’m not going to put my lot in with economists.”

What else can I say about this that the title doesn’t say already?

From the AP:

The U.S. is wrestling with the worst food inflation in 17 years, and analysts expect new data due on Wednesday to show it’s getting worse.

That’s putting the squeeze on poor families and forcing bakeries, bagel shops and delis to explain price increases to their customers.