Andy RichAndrew Rich Dr. Andrew Rich became the President and CEO of the Roosevelt Institute on January 1, 2009. Prior to that, Rich was Deputy Director and Director of Programs at the Colin Powell Center for Policy Studies at the City College of New York, where he was Associate Professor of Political Science and chair of the political science department. Dr. Rich is the author of Think Tanks, Public Policy, and the Politics of Expertise (Cambridge University Press, 2004) as well as a number of articles and book chapters focused on think tanks, interest groups, foundations, individual donors, and the role of experts and ideas in the American policy process. Rich also served as a consultant to the Open Society Institute from 2006-2008 and has worked extensively with foundations and donors interested in investing in a politically progressive infrastructure. He received his Ph.D. in political science from Yale University.

In Tennessee, the New Deal works even today

Tuesday, 07/28/2009 - 12:45 pm by Andrew Rich | Post a Comment

workers-200Perry County, Tenn., is the kind of place we don’t hear much about these days, when news about the economy is dominated by Wall Street, Washington and Detroit. But something remarkable happened there in June: The unemployment rate in Perry County, Tenn., dropped 3 points, from more than 25 percent. It’s still more than double the national rate, but Perry County has something else most other communities across the country, patiently waiting for their stimulus dollars, don’t: 300 new jobs.

The New York Times reported yesterday that Tennessee is taking an old school approach to the economic crisis: It used welfare money…

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Financial Crisis Inquiry Commission: Summoning the Ghost of Ferdinand Pecora

Wednesday, 07/15/2009 - 4:36 pm by Andrew Rich | Post a Comment

pecoraAndrew Rich, President and CEO, Roosevelt Institute, launches an open letter and petition drive to encourage a rigorous inquiry by the FCIC.

Ferdinand Pecora, the tough New York prosecutor who took on Wall Street following the collapse of the Great Depression, wrote in his 1936 memoirs:

“Had there been full disclosure of what was being done in furtherance of these schemes, they could not long have survived the fierce light of publicity and criticism. Legal chicanery and pitch darkness were the banker’s stoutest allies.”

The ghost of Ferdinand Pecora - and indeed, of Franklin D. Roosevelt himself - can be sensed in Washington,…

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Braintrusters

Deal Breakers




George Will
“Before we go into a new New Deal, can we just acknowledge that the first New Deal didn’t work?”

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New Deal Dictionary

Glass Steagall Act



What is the Glass-Steagall Act of 1933?
The Glass-Steagall Act was introduced during the Great Depression by former Treasury Secretary Sen. Carter Glass (D-VA) and Chairman of the House Banking and Currency Committee Rep. Henry B. Steagall (D-AL).

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