Category Archives: Finance

Senator Kirsten Gillibrand’s Speech At Syracuse University

Recently, Senator Kirsten Gillibrand spoke at the Maxwell School of Citizenship and Public Affairs at Syracuse University as part of the State of Democracy Lecture series.

Here is a description of the talk:
Gillibrand’s talk, “The American Opportunity Agenda,” addressed proposals to help more middle-class women workers gain financial security by modernizing America’s outdated workplace policies.

Gillibrand was first sworn in as U.S. senator from New York in January 2009. Prior to her service in the Senate, she served in the U.S. House of Representatives, representing 10 counties in upstate New York’s 20th congressional district. She serves on the Senate agriculture, armed services, and aging committees.

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February 5, 2014 · 5:13 pm

“Understanding The Volcker Rule”

This week regulators voted to institute “Volcker Rule” as part of Dodd–Frank Wall Street Reform and Consumer Protection Act.  The Volcker Rule is aimed at preventing banks from making speculative investments that may jeopardize their customers.  A recent episode of The Diane Remh Show discussed the Volcker Rule, its impact and its limitations.

Here is a description of the program:

The so-called “Volcker Rule” is aimed at reining in risky trading by banks. Details on the new rule and whether it’s tough enough to prevent another financial crisis.


Michael Greenberger –  founder and director, University of Maryland Center for Health and Homeland Security

Tim PawlentyCEO, Financial Services Roundtable. He was governor of Minnesota from 2003 to 2011.

Jim Zarrolibusiness reporter, NPR.

Janet Hook – congressional correspondent, The Wall Street Journal.


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December 14, 2013 · 11:01 am

Fareed’s Take: “Restoring the American Dream”

Yesterday, Fareed Zakaria GPS began with “Fareed’s Take” on poverty, education and the American Dream.

Here is a description of the commentary:

recent OECD report points out that the U.S. is one of only three rich countries that spends less on disadvantaged students than others, largely because education funding for elementary and secondary schools in America is tied to local property taxes. So by definition, poor neighborhoods end up with badly funded schools. In general, America spends lots of money on education but most of it is on college education and most is directed towards those already advantaged in various ways.

What’s clear from all this research is that countries that invest more heavily in all their children’s health care, nutrition, and education, well-being more generally end up with a much stronger ladder of opportunity and access than America. Now, that is something we can change and with relatively little money. So if we want to restore the American dream, we now have the beginnings of a path forward.

For more, read the Washington Post column


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August 19, 2013 · 10:23 am

Story of the day: Mean mom Genes

NPR’s All Things Considered ran a story about how, according to neutroscientists, tough economic times could affect parenting, specifically mothering.

Here is the introduction to segment:

A gene that affects the brain’s dopamine system appears to have influenced mothers’ behavior during a recent economic downturn, researchers say.

At the beginning of the recession that began in 2007, mothers with the “sensitive” version of a gene called DRD2 became more likely to strike or scream at their children, the researchers say. Mothers with the other “insensitive” version of the gene didn’t change their behavior.

But once it appeared that the recession would not become a full-fledged depression, the “sensitive” mothers became less likely than “insensitive” mothers to engage in harsh parenting.

“You have the same genes, and with a different environment it’s a completely different story,” says Irwin Garfinkel, a professor of contemporary urban problems at Columbia University. “I think that’s the most amazing part of what we found.”

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August 17, 2013 · 12:33 pm

The Ivory Tower Half Hour: Detroit’s Bankruptcy and Syracuse’s Murder Rate


Hosted by David Rubin, Dean of the Newhouse School of Public Communications at Syracuse University, this powerhouse panel of Bob Spitzer (SUNY Cortland), Tim Byrnes (Colgate University), Bob Greene (Cazenovia College), Tara Ross (Onondaga County Community College), and Kristi Andersen (Syracuse University) discuss the new face of the Detroit’s bankruptcy and Syracuse’s murder rate (although unfortunately the panel does not discuss Syracuse Truce).

Here is a description of the program:

 The panelists examine the challenge of bankruptcy facing Detroit—and perhaps Syracuse at some point down the road. They debate who was responsible for the fiscal problems and how best to dig out. Then the panelists offer advice to the Syracuse Chief of Police and the Mayor on how to combat the murder rate in the city, which is the highest for any city in the state.


This video runs approximately 27 minutes.


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July 31, 2013 · 10:47 am

“What Happened To Detroit’s Big Plans?”

That was the title of the most recent episode of the Planet Money podcast.  In the wake of Detroit’s bankruptcy, the Planet Money team explores why no “silver bullet” has been able to solve MoTown’s woes.  

Here is a description of the show: 

In the last 50 years, there have been many plans to save Detroit. People use words like “renaissance,” “revival,” and “catalyst” to describe them.

On today’s show, we visit the places these plans were meant to change, and we talk to an urban planner about why these grand dreams didn’t turn out the way the city hoped.

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July 28, 2013 · 9:38 pm

Planet Money Shorts: Danger, Death and Crime

Several months ago, NPR’s Planet Money ran an episode with four five minute stories about danger, death, and crime. 

Here is a description of the podcast: 

1. Why Is The Government In The Flood Insurance Business? The quick answer to why the government sells flood insurance: a hugely damaging hurricane named Betsy.

2. Should Gun Owners Have To Buy Liability Insurance? Most states require car owners to have liability insurance to cover damages their vehicles cause to others; some economists think we should require the same for gun owners.

3. Lance Armstrong’s Confession Could Cost Him Millions How one interview could mean he’ll have to pay back all the money the U.S. Postal Service and others paid to sponsor his cycling career.

4. How Happy Is America? The government is considering adopting a national happiness index. But how do you measure happiness?

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July 21, 2013 · 12:15 pm

Treasury Secretary Jack Lew on The State of the American Economy

This past Sunday, Fareed Zakaria interviewed U.S. Treasury Jack Lew in a wide ranging discussion.  

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July 17, 2013 · 12:22 pm

Economist Approach to Climate Change

Recently, NPR’s Planet Money team discussed the economics of climate change legislation.  

Here is a description of the story: 


Climate change seems like this complicated, intractable problem. But maybe it doesn’t have to be.


On today’s show, we talk to a couple economists about a very simple idea that could solve the climate-change problem: Tax carbon emissions.


A carbon tax could be paired with cuts in the income tax. And it would drive down emissions without picking winners or losers, and without creating complicated regulations.


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July 14, 2013 · 2:47 pm

Are Baby Boomers Bankrupting Their Grandchildren?

That was the proposition being debated on the BBC’s Moral Maze last week.  Although this debate centers on the situation in the United Kingdom, this a debate is relevant to United States.  

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July 1, 2013 · 10:07 am