Press

Who’s talking about New Deal 2.0?

Rolling Stone, 8.4.10
Elizabeth Warren, Joseph Stiglitz and Simon Johnson’s presentations at Make Markets Be Markets appear Taibbi’s latest.

East Hampton Star, 7.22.10
The Roosevelt Institute’s Hamptons Institute event was deemed a “success”, with ND20 contributors Elizabeth Warren, George Soros and others headlining.

Washington Post, 7.6.10
Elizabeth Warren’s Make Markets be Markets presentation serves as a prime example in Ezra Klein’s article on the importance of strong regulatory leaders.

Brennan Center for Justice, 7.1.10
Gara LaMarche calls Roosevelt Institute Senior Fellow Jeff Madrick’s book The Case for Big Government “vital reading.”

Planet Money, 6.10.10
Wallace Turbeville explains clearinghouses and their importance for derivatives reform.

Washington Post, Mother Jones, Time Magazine’s Swampland blog, 5.6.10-5.10.10
Ezra Klein, Kevin Drum and Michael Scherer are all reading Wallace Turbeville’s pieces on financial reform.

Think Progress, 4.26.10
Matthew Yglesias of Think Progress studies Lawrence Wright’s presentation at New Deal’s “Make Markets be Markets” event on deregulating rating agencies.

Salon, 4.26.10
Joe Conason at Salon references Eliot Spitzer’s team up with Bill Black on New Deal 2.0 following the Goldman Sachs investigation.

The New York Times, 4.4.10
Paul Krugman, a columnist for the Times, calls Roosevelt Fellow Mike Konczal “essential reading for anyone interested in financial reform.”

Firedog Lake, 3.28.10
FL calls us a “great site for progressives with a lot of economics posts,” noting that “there are lots of progressive economists posting there, including…Jamie Galbraith.”

Braintrusters and Roosevelt Fellows in the News

Marshall Auerback, Bloomberg TV, 9.2.10
Marshall Auerback makes the case for a jobs guarantee program instead of jobless benefits.

Rob Johnson, The Media Consortium, 8.24.10
Rob Johnson’s post on a looming double dip is included in a progressive media roundup.

Richard Kirsch, FrumForum, 8.20.10
Richard Kirsch’s article in The Nation about health care is quoted in a piece on insurers.

Arjun Jayadev and Mike Konczal, Slate, New York Times, The Economist, Business Insider, Grasping Reality with Both Hands, Touchstone, Irish Economy, 8.19.10-8.25.10
James Ledbetter calls their new working paper on deficit cutting “eye-opening” and Paul Krugman says it is “terrific.” Various blogs pick up the paper as well.

Marshall Auerback, BNN, 8.19.10
Marshall Auerback debates whether Keynesian economics are still relevant.

Tom Ferguson, WWUH, 8.17.10
Tom Ferguson discusses financial reform and economics in two separate shows.

David Woolner, Poughkeepsie Journal, 8.15.10
David Woolner’s expertise on FDR and Social Security is quoted in a piece marking its anniversary.

Lynn Parramore, Christian Science Monitor, 8.10.10
Lynn Parramore’s tribute to Tony Judt is included in a profile on the author.

Richard Kirsch, The Democratic Strategist, 8.10.10
Richard Kirsch’s “insightful” article in The Nation on passing health care reform is praised by The Democratic Strategist.

Tom Ferguson, Yahoo! News, 8.9.10
Tom Ferguson’s reaction to Christina Romer’s resignation is quoted in an article about her.

Tom Ferguson, Marshall Auerback and others, Daily Kos,8.8.10
Rooseveltians’ reactions to Romer’s resignation are highlighted in a progressive economics round up.

Bryce Covert, Columbia Journalism Review, 8.2.10
Bryce Covert is quoted alongside other stories about the struggles of the middle class.

Marshall Auerback, BNN, 7.29.10
Marshall Auerback discusses California’s woes and state finances.

Rob Johnson, Washington Post, 7.29.10
Rob Johnson warns just how close we are to a double dip recession.

Mike Konczal, Public News Service, 7.28.10
Mike Konczal talks about the Consumer Financial Protection Bureau.

Marshall Auerback, Fox Business News, 7.28.10
Marshall Auerback takes on the CBO and deficit myths.

Mike Konczal, The Breakdown, 7.23.10
Mike Konczal talks FinReg and the financial crisis with Chris Hayes.

Mike Konczal, KALW, 7.19.10
Mike Konczal discusses deficit spending in a recession on “Your Call.”

Tom Ferguson, KPFK, Republic Broadcasting Network, WZBC, KPOO, Pacifica Evening News, FAIR, WORT, 7.16.10-8.4.10
Thomas Ferguson talks FinReg in various radio interviews as final bill passes.

Tom Ferguson, Christian Science Monitor, 7.15.10
Tom Ferguson warns that campaign contributions will flood regulators after their new powers from FinReg.

Tom Ferguson, Real News Network, 7.12.10
Tom Ferguson discusses the let down of the financial reform bill.

Mike Konczal, Abnormal Returns, 7.8.10
Mike Konczal appears on the show to discuss financial reform.

Mike Konczal, GRITtv, 7.2.10
Mike Konczal joins Nomi Prins to discuss financial reform legislation.

Jeff Madrick, The Nation, 6.30.10
Jeff Madrick participates in a Nation forum on inequality with a piece on American incomes.

Mike Konczal, Al Jazeera English, 6.26.10
Mike Konczal warns that proposed financial reform isn’t likely to stop another crisis.

Mike Konczal, Fox Business News, 6.25.10
Up against three conservatives, Mike Konczal defends the fight for financial reform.

Rob Johnson, Real News Network, 6.25.10
Rob Johnson talks about deficit hawks in the lead up to the G20 summit meetings.

Mike Konczal, The Washington Independent, 6.25.10
Mike Konczal points out how strict past penalties were for underwater homeowners.

Mike Konczal, SmartMoney, 6.25.10
Mike Konczal describes the “absurd amount of lobbying” in the final FinReg bill.

Mike Konczal, The Washington Independent, 6.24.10
Mike Konczal argues that loan modification doesn’t always work.

Thomas Ferguson, NPR, 6.24.10
Tom Ferguson appears on NPR’s On Point to discuss lobbyists in Washington.

Jeff Madrick, Salon, 6.18.10
Joe Conason references Jeff Madrick’s “excellent book” The Case for Big Government in an article on the BP spill.

Mike Konczal, Reuters, 6.17.10
Mike Konczal gives his expert opinion on the Lincoln derivatives amendment in FinReg.

Mike Konczal, The Washington Independent, 6.15.10
Annie Lowrey interviews Mike Konczal about the debit card amendment in FinReg.

Marshall Auerback, The Guardian, 6.14.10
Larry Elliot quotes from Marshall Auerback’s “apt riposte” to budget hawks.

Thomas Ferguson, KPFA, 6.14.10
Thomas Ferguson appeared on the Morning Show to discuss financial reform.

Mike Konczal, The Washington Independent, 6.11.10
Annie Lowrey showcases Mike Konczal’s paper on how to get the best from the two FinReg bills in conference.

Mike Konczal, Bronte Capital, 6.11.10
John Hempton challenges Mike Konczal to come up with a good solution for Fannie Mae and Freddie Mac.

Marshall Auerback, New York Times, 6.10.10 and 6.15.10
Paul Krugman commiserates with Marshall Auerback over the UK’s poor fiscal choices.

Rob Johnson, New York Times, 6.7.10
As Congress is pressed to finish merging the two FinReg bills, Rob Johnson pointed out that taxpayers are still vulnerable to bailing out banks.

Mike Konczal, Marketplace, 6.2.10
Mike Konczal criticized ratings agencies on Marketplace as the FCIC began its inquiry into their practices.

David Woolner, WAMC, 6.2.10
As part of its “The Power of Words” series that analyzes presidential speeches, WAMC invites David Woolner to dicuss FDR’s first inaugural address.

Mike Konczal, The Minnesota Independent, 5.24.10
Annie Lowrey quotes “specialist in banking regulation” Mike Konczal on the dangers of state pre-emption.

Rob Johnson, New York Times, 5.21.10
Rob Johnson weighed in on a Room for Debate column after the Senate passed its version of the FinReg bill.

Mike Konczal, The Rachel Maddow Show, 5.21.10
Mike Konczal was a guest, explaining the Volcker Rule and how it disappeared from the Senate’s FinReg bill.

Rob Johnson, Newsweek, 5.21.10
Rob Johnson appears in an article by Michael Hirsh, discussing the downfalls of the Senate’s version of the financial reform bill.

Mike Konczal, Wonk Room, 5.18.10
Pat Garofalo quotes from Konczal’s piece on the GOP obstruction of the Levin-Merkley amendment that would ban banks from proprietary trading with federally insured money.

Lynn Parramore, Naked Capitalism, 5.18.10
Yves Smith is reminded to focus on the unsavory conduct of lenders by Parramore’s piece on Whitehouse’s amendment against credit card loopholes.

Mike Konczal, RT, 5.14.10
Mike Konczal appeared on RT to discuss Thailand’s unrest and what it means for the global economy.

June Carbone and Naomi Cahn, New York Times, 5.9.10
Ross Douthat calls Carbone and Cahn’s new book, Red Families v. Blue Families, “provocative,” and deduces that “Whether it’s attainable for most Americans or not, the ‘blue family’ model [of college-educated couples that co-habit early and delay having children] clearly works: it leads to marital success and material prosperity, and it’s well suited to our mobile, globalized society.”

Mike Konczal,  New York Times, 5.6.10
New York Times columnist Paul Krugman echos a point made by Roosevelt Fellow Mike Konczal that we could have avoided today’s “raw profiteering” with regulation.

Thomas Ferguson, various radio interviews, 5.4.10-5.8.10
Thomas Ferguson’s predictions upturned conventional wisdom about the fallout from Scott Brown’s election and its effects on the November midterms. Interviewed on The Jiggy Jaguar Radio Show 5.4.10, WVON-AM Chicago 5.8.10

Thomas Ferguson on Uprising Radio, 5.5.10
Thomas Ferguson appeared on Uprising Radio to discuss the amendment to audit the Fed.

Arjun Jayadev on Boston Public Radio, 5.1.10
Jayadev speaks to Boston Public Radio about his latest piece on New Deal 2.0, The Gift from Borrowers to Banks (on the 12:00 show for Saturday, May 1st at the 33:20 mark).

David Woolner interviewed on WZBC Radio News in Boston, 4.24.10
Hyde Park Resident Historian for the Roosevelt Institute David Woolner was interviewed by John Grebe about FDR and the history of financial reform.

Rob Johnson on RT America, 3.15.10
Johnson weighs in on Christopher Dodd’s proposal on financial reform in an interview with RT America.

Rob Johnson, C-Span’s Washington Journal, 3.11.10
Johnson appears on the program to discuss the Make Markets Be Markets conference.

Braintrusters, Roosevelt Institute Fellows and ND20 contribs featured in RI’s Make Markets Be Markets conference, 3.3.10.
Roosevelt Senior Fellows and Braintrusters Joseph Stiglitz and Robert Johnson, along with RI Fellow and ND20 columinst Mike Konczal and ND20 contributors Elizabeth Warren and Josh Rosner, come together to explain what America needs to fix a broken financial system. Watch video here.

Marshall Auerback in LA Times, 1.6.10.
Auerback was cited extensively in La Times columist Tom Petruno’s article: “In Praise of Mammoth Deficts

Rob Johnson’s Congressional testimony on derivatives squelched, reports Harper’s. 10.29.09.
Ken Silverstein of Harper’s reports on how the critical testimony of Rob Johnson was shut down by Melissa Bean and then kept off the House website — where it should have been made public immediately. Update: the Harper’s story helped create pressure to get the testimony published. Read it here.

Jeff Madrick’s new book a PEN finalist 5.22.09
Madrick was named a finalist for the PEN/Galbraith Award, which honors non-fiction books, for The Case for Big Government.

SEIU Writes Bank of America, Calls for Lewis’ Outright Firing 5.5.09
The Huffington Post covers Anna Burger’s offense against Bank of America for, among other things, its poor employment practices: “uncompensated work time,” “expensive health benefits,” and “a lack of clarity about how raises and promotions are received.”

Obama’s First 100 Days: The Roosevelt Comparison is Fair 4.29.09
Michael Waldman writes in US News and World Report, “Barack Obama won the election in a cinematically stirring campaign—then took office amid the greatest economic collapse since the Great Depression. For most new presidents, the “first 100 days” comparison is unfair. As historian William Leuchtenberg noted, they resented governing “in Roosevelt’s shadow.” In Obama’s case, the comparisons are fair. They make plain that—because of dire times, presidential ambition, and political skill—Obama may be a deeply consequential president.”

Obama to Spend 100th Day in the Spotlight 4.29.09
David Woolner tells the Associated Press that Obama’s first 100 days are a good measure of his administration’s future.  “Presidents who have been successful in this period have done a good job in setting an agenda for the coming years,” Woolner said.

Obama’s First 100 Days: What’s a Presidency For? 4.27.09
Robert Kuttner writes in The Huffington Post, “Barack Obama, after nearly a hundred days, enjoys a huge reservoir of popular good will. He has managed to charm even his detractors, while his supporters are still cutting him a lot of slack. In a national crisis, that initial support is a huge asset but it will not last forever. Public approval of a president is not like a stock of savings. It needs to be invested in great deeds, and earned.”

New Deal 2.0 Launches

Financial blogs Credit Writedowns, Economist’s View, Informed Trades and Jacques al Neoliberalismo covered our launch.

The New York Times’ Joe Nocera wrote about our launch panel.

CNN’s Anderson Cooper is watching us and urges viewers to check out the site.

Prominent blogger Matthew Yglesias said of our launch, “Joe Stiglitz and Robert Solow [are] talking. Check it out.”

The New Yorker’s Hendrik Hertzberg wrote about our launch panel.  He notes that Robert Solow and Joseph Stiglitz, both Nobel Prize-winning economists, “are worried that without more boldness on the banking and credit front the whole Obama project might collapse.”

Mediabistro.com’s FishbowlDC, the go-to site for media news in the capital, blasts that the “Roosevelt Institute has pulled together a bunch of media types and progressive advocacy people as contributors for a new progressive economics blog, New Deal 2.0.”

The Poughkeepsie Journal covers a community discussion to mark Obama’s first 100 days, held at the Franklin D. Roosevelt Presidential Library and Museum in Hyde Park, NY.   Poughkeepsie resident Julia Dutton said the panel “brought out issues that we need to address.”

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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