janine-wedel

The news that President Obama will wine and dine with top Wall Street CEOs is just the latest example of how the "wizards" of Wall Street and their Washington allies continue to win -- their clout seemingly undiminished -- in the face of spectacular failure.
Monitor Group's academic campaign helps explain why Libya's image softened in recent years. And it also underscores the emergence of a new breed of power broker: "shadow lobbyists".
Iceland's crash, for which the Prime Minister has now been indicted, is another case in which networks of public-private players, purporting to serve the public interest, instead capture official information to serve their own interests.
Our government, on the federal level, has already been upended by small government ideology, beholden to private interests as never before in our memory. But we can't just blame the Tea Party.
Questionable behavior became commonplace in innumerable corners of the financial industry over the past 20 years. And at key moments, it was an outsider like Elizabeth Warren who had the common-sense perspective to cry foul.
When government contractors hire former directors of intelligence and defense-related government agencies, they are banking on coincidences of interest between their hires and their hires' former (government) employers.
WikiLeaks is a declared combatant in information warfare: high-tech, good-government vigilantes. The group acts as the consummate outsider, a crucial role in the shadow elite era.
The shadow elite in America are adept at creating novel alternative structures and new venues of power that suit their agenda, and Organizing for America seems to be a case in point.
Michael Hastings broke the understandings maintained for mutual benefit by the military, reporters who regularly cover it, and perhaps some allied think tanks as well. He did not have special access, he chose to take a risk.
Americans justifiably furious with Wall Street conduct, and the havoc it's caused, might be comforted by news that regulators are taking Goldman Sachs to court, alleging fraud. They shouldn't be.
Today upwards of three-quarters of the work of federal government, measured in terms of jobs, is contracted out. This has been part of a fundamental redesign of governing towards privatization and industry self-regulation.
The bankers may like to show they prize flexibility, but try telling them they should change bonus culture. On that score, they will not bend. But they needn't worry -- the Champagne will still flow; Washington isn't going after bonuses.
There was much finger-pointing this week, but the politicians, and our entire leadership, should also point a finger at themselves, for allowing private industry to increasingly devour public power, and gut regulatory responsibility.