Pearls of Wisdom: What Problem is Congress Trying to Solve in the Financial Services Act?

Pearls of Wisdom: What Problem is Congress Trying to Solve in the Financial Services Act?

Elected officials are unavoidably more inclined to answer to organized efforts by a small number of financial services executives who have a vested interest in continuing to make money than to the many Americans trapped in debt who do not have the means to get in front of their elected officials.

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High Executive Pay: 96 - Patriotic Millionaires: 4

High Executive Pay: 96 - Patriotic Millionaires: 4

Stephen made a compelling and provocative argument that many corporate executives were raping their companies with the consent of the voting shareholders. He made a strong case that facilitating this was creating a risk to BlackRock's reputation, just as allowing sexual harassment creates a risk to company's reputations.

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Pearls of Wisdom: What Do You Do When You Have A Debt You Don't Want To Pay?

Pearls of Wisdom: What Do You Do When You Have A Debt You Don't Want To Pay?

Just donate a few tens of thousands of dollars to a Senator and then when he reaches out to extend his thanks, explain to him the grave injustice to which the bank is subjecting you to, and explain how it could all be made right by just adding one harmless little non-controversial paragraph to the Trust Indenture Act.

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Pearls of Wisdom: A Response to Billionaire Bonanza

Pearls of Wisdom: A Response to Billionaire Bonanza

In a report entitled Billionaire Bonanza released December 2, my fellow Patriotic Millionaire Chuck Collins and Josh Hoxie of the Institute for Policy Studies detailed the extreme and growing level of wealth inequality in America. The results truly scared me and you should be scared too, whether you are part of the 99% or part of the 1%.

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