Barbara Ehrenreich: Preying on the Poor Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest.
James Kwak: Because They Can It seems as if the Republicans are trying to turn the national debt back into a major political issue. Despite their abysmal record when it comes to fiscal responsibility, it could still turn out to be smart politics, for a few reasons.
Bill Moyers: Is JPMorgan's Loss a Canary in a Coal Mine? "The fact that JPMorgan Chase lost so much money in a relatively benign moment compared to what we've seen in the past and what we're likely to see in the future suggests that we are absolutely on the path towards another financial crisis of the same order of magnitude as the last one."