The Good, The Bad, & The Ugly – Week of May 13, 2013

Good

One potential upside of the AP and IRS scandals gripping DC, is that austerity measures like cuts to Social Security and Medicare will be become even more politically toxic and would further illuminate the Democrats true agenda to the broader public. Greg Sargent at the Washington Post May 17, 2013

Bad

As roundtable talks commence, the SEC continually drags its feet to implement rules that would change the issuer-pays credit rating agencies model that was so integral to the financial crisis. David Dayen at Naked Capitalism May 17, 2013

Ugly
Report from watchdog group Citizens for Responsibility in Washington shows that between the 2008 and 2012 election cycles, high-frequency trading firms have increased their political donations by 673 percent. Sarah N. Lynch at Reuters May 13, 2013

About occupythesec