Dems Come Alive! ...a follow-up from Michael Moore
Today's OpenMike blog Friends, Ok! We're halfway through the week and we're off to a great start. Last week I gave the spineless Dems five friendly suggestions for things they could do on the off chance they were interested in winning the midterm elections on November 2nd: 1. Deliver a ...
CEO layoff leaders also led in pay in '09: study
BOSTON (Reuters) – As U.S. companies shed millions of workers during the recession, the CEOs who laid off the most people brought home pay that was significantly higher than that of their peers, a study released on Thursday found.The CEOs of the 50 U.S. companies that laid off the most ...
Bank Stocks Rally As Financial Reform Comes Together
Financial stocks rallied after Congress passed a key hurdle--rather painlessly--in its effort to reform the U.S. financial regulatory structure, paving the way for President Obama's signature in the coming weeks."There was a big political component to this, and the fear on Wall Street was that this bill would be a ...
Obama claims victory in financial overhaul deal
WASHINGTON – House and Senate negotiators reached a dawn agreement Friday on legislation that redefines federal oversight of Wall Street and, following the signing of the health care act in March, adds another milestone to mark the Obama presidency.President Barack Obama declared victory Friday after congressional negotiators reached agreement on ...
They Keep Stealing - Why Keep Paying?
The dire straits of the middle class of America has made it near impossible for our politicians to keep up the pretense that our current government truly works for the "people." Between the multiple overt and secretive bailouts, the massive bonuses and the circular use of our tax money to ...
Criminal probe targets 6 Wall Street firms: source
Prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including JPMorgan Chase & Co and Citigroup Inc, to determine if they misled investors, a person familiar with the matter said on Thursday.The others are Deutsche Bank AG, UBS AG, Morgan Stanley and Goldman Sachs Group Inc, ...
Judd Gregg and Ben Nelson: More Socialism Please
As we find our economy subsisting on massive government spending and no-strings-attached bailouts, borrowed, of course, from future generations, what solutions do the same leaders who got us into this mess offer? You already know the answer -- more government handouts.The latest gambit?Politicians like Judd Gregg and Ben Nelson are ...
Aaron Bartley is Executive Director of People United for Sustainable Housing (PUSH).
April 28th, 2010
PUSH Buffalo Joins the Showdown on Wall Street
In the nearly two years since the biggest banks precipitated a devastating economic meltdown and then exploited the moment to win billions in taxpayer bailouts and billions more in free money from the Federal Reserve, not a single public demonstration of significance has darkened the doors of the Wall Street ...
Protesters Launch Showdown With the Monster Banks, Demand Wells Fargo to End Predatory Lending
"We are many and they are few -- and today they have to deal with us!" yelled an organizer at a San Francisco march and rally on Tuesday afternoon aimed at calling out Wells Fargo for its predatory lending practices. A crowd of a few hundred pissed-off consumers responded boisterously ...
The Community Bank Of Illinois: A Banking "Public Option"?
After the imprudent and possibly illegal behavior of America's largest banks sent the nation into a deep recession and necessitated a massive bailout at taxpayers' expense, Wall Street firms have rebounded nicely. In the first quarter of 2010, JPMorgan Chase, Bank of America, and CitiGroup have all posted sizeable profits. ...
More Banker Outrage: Protesters Plan Marches on Wall Street Banks
Outrage over bonuses, bailouts and home foreclosures have prompted angry demonstrations at bank office buildings, bank conferences and even bankers' homes since the financial crisis began. With Wall Street reform proposals up for debate in Congress and bank shareholder meetings taking place later this month, protest organizers say they're getting ...
Did We Make a Profit on Citigroup?
The Washington Post (aka Fox on 15th Street) once again proclaimed TARP a success. The cause for the latest revelry is the fact that the government appears to be in a position to make an $8 billion gain on the stock it holds in Citigroup. Before we join the Post ...
Citigroup Warns Customers It May Refuse To Allow Withdrawals
The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days."Effective April 1, 2010, we reserve ...
Group demands banks give up bonuses to fill state budget gap
Hundreds of sign-toting members of Iowa Citizens for Community Improvement (CCI) stormed the lobbies of two downtown Des Moines banks Tuesday afternoon, temporarily halting business activities to demand the banks give up their employee bonuses to help pare down Iowa’s projected $1 billion budget shortfall.While customers and bank employees looked ...
Why Obama Must Take On Wall Street
It has been more than a year since all hell broke loose on Wall Street and, remarkably, almost nothing has been done to prevent all hell from breaking loose again.In fact, close your eyes and you could be back in the wilds of 2007. Bankers are still making wild bets, ...
'Big is bad' catches on in Congress
The populist angst aimed at Wall Street banks is already spilling into Senate deliberations on regulatory reform, and a powerful new sentiment — big is bad — is being echoed by liberals and conservatives alike.The anger at the nation’s financial behemoths is taking shape in a variety of ways, most ...
Insurance, health care firms give Lieberman big bucks
U.S. Sen. Joe Lieberman has taken in millions of dollars in campaign contributions from the insurance and health industry he's now accused of protecting from meaningful health care reform.A review of Lieberman's campaign finance reports by the nonpartisan Center for Responsive Politics shows health professionals and the insurance industry have ...
Before President Bush left office, Representative Marcy Kaptur visited then-Treasury Secretary Henry Paulson Jr. and presented him with a list of all of the people in her district whose properties had been foreclosed. Although each page included four columns of names, the full list still stretched all the way down ...
Who Are You and What Have You Done With the Community Organizer
What's up with Barack Obama? The candidate for change once promised to take on the powerful banking interests but is now doing their bidding. Finally, a leading Democrat, in this case Senate Banking Committee Chairman Chris Dodd, has a good idea for monitoring the Wall Street fat cats who all ...
Report: 237 millionaires in Congress
Talk about bad timing.As Washington reels from the news of 10.2 percent unemployment, the Center for Responsive Politics is out with a new report describing the wealth of members of Congress.Among the highlights: Two-hundred-and-thirty-seven members of Congress are millionaires. That’s 44 percent of the body – compared to about 1 ...
Keep consumers safe by bringing back Glass-Steagall Act
A year ago the U.S. Treasury was pumping billions of borrowed dollars into banks judged to be "too big to fail." This cannot be allowed to happen again.This page has already suggested one solution. It is a radical one: Make the big banks small enough to fail. Break them up.Nearly ...
As the battle over financial reform takes shape, it's become clear there are essentially three camps. The first, represented by the American Bankers Association, which convened in Chicago for its annual conference in October, is the do-nothing camp. Oh sure, ABA's Ed Yingling will say he favors reform and offer ...
On Tuesday morning, in Chicago, the unions came to town. It was the final day of the rolling protest dubbed The Showdown in Chicago, a confrontation with the American Bankers Association, whose members had gathered for their annual meeting. With a crowd estimated at 5,000, it was without a doubt ...
Protests at US bankers' convention
America's bankers may not agree on much. But on one issue, they are entirely united. They refuse to become humble whipping boys, taking the blame from an angry nation for the global financial crisis.More than 1,500 senior executives from banks across the nation congregated in Chicago this week for what ...
Geithner Aides Reaped Millions Working for Banks, Hedge Funds
Oct. 14 -- Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.The advisers include Gene Sperling, who last year took in ...
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January 17th, 2012
STOP SOPA: Why MichaelMoore.com Will Be Blacked Out Wednesday, January 18th
My websites MichaelMoore.com and Mike's High School Newspaper will both be going dark for 24 hours starting at midnight tonight in protest of the Stop ...
December 30th, 2011
75 Years Ago Today, the First Occupy
On this day, December 30th, in 1936 -- 75 years ago today -- hundreds of workers at the General Motors factories in Flint, Michigan, took ...
December 28th, 2011
Click here to donate to the congressional campaign of Flint's own Dan Kildee I have many things I'm planning to do in the New Year ...
December 24th, 2011
A Little Christmas Gift for You to Download
Thanks for all the wonderful comments regarding the short story about my mom from HERE COMES TROUBLE that I sent you a few days ago. ...
December 20th, 2011
Here's a New Free Chapter from HERE COMES TROUBLE
Thank you to the tens of thousands of you who have read HERE COMES TROUBLE and helped to make it a New York Times bestseller ...
December 18th, 2011
LAST CALL: Signed First Editions Will Be Gone by Tomorrow! ORDER TODAY, RECEIVE BY XMAS
My publisher has informed me that they are down to their last crate of the first printing/first editions of HERE COMES TROUBLE -- the ones ...
December 17th, 2011
A Man in Tunisia, a Movement on Wall Street, and the Soldier Who Ignited the Fuse
It's Saturday night and I didn't want the day to end before I sent out this note to you. One year ago today (December 17th), ...
September 11th, 2010
If the 'Mosque' Isn't Built, This Is No Longer America
OpenMike 9/11/10 Michael Moore's daily blog I am opposed to the building of the "mosque" two blocks from Ground Zero. I want it built on ...
December 14th, 2010
Why I'm Posting Bail Money for Julian Assange
Yesterday, in the Westminster Magistrates Court in London, the lawyers for WikiLeaks co-founder Julian Assange presented to the judge a document from me stating that ...
May 12th, 2011
Some Final Thoughts on the Death of Osama bin Laden
"The Nazis killed tens of MILLIONS. They got a trial. Why? Because we're not like them. We're Americans. We roll different." – Michael Moore in ...
November 22nd, 2011
Where Does Occupy Wall Street Go From Here?
This past weekend I participated in a four-hour meeting of Occupy Wall Street activists whose job it is to come up with the vision and ...
September 22nd, 2011
A STATEMENT FROM MICHAEL MOORE ON THE EXECUTION OF TROY DAVIS
I encourage everyone I know to never travel to Georgia, never buy anything made in Georgia, to never do business in Georgia. I will ask ...
December 16th, 2010
Dear Swedish Government: Hi there -- or as you all say, Hallå! You know, all of us here in the U.S. love your country. Your ...
November 2nd, 2010
This letter contains (almost) no criticisms of how the Democrats have brought this day of reckoning upon themselves. That -- and where to go from ...
Home Front: Portraits from Sheikh Jarrah
Mike, was the triple overtime Outback Bowl come-from-behind win the greatest Spartans game ever?
Yes -- or at least it will be until their appearance in next year's Rose Bowl, a game which... Continue Reading
Michael Moore on Conan, 12/7/11
Michael Moore on The Last Word with Lawrence O'Donnell, 11/21/11
Michael Moore on Countdown with Keith Olbermann, 11/15/11
Michael Moore on The Last Word with Lawrence O'Donnell, 11/9/11
