huffingtonpost.com — The most important element of President Obama's plan to fight foreclosures will require Congressional action—and the banking and business lobbies are already on the attack. If Congress fails to pass a bankruptcy law overhaul, the entire plan will fall apart.
Taking a closer look at a graph presented by James Galbraith at a conference earlier this month we can identify the basic building blocks needed to begin the necessary step of serious engagement in industrial policy in the US. more »
Conservative leaders are using news of a Congressional Budget Office report released this week to argue that much of what is in President Obama's economic recovery plan is a waste of money because most of the money can't be spent before at least 2011, and thus won't stimulate the economy in the short term. more »
The movement to cut federal spending on entitlements and public infrastructure is getting more aggressive even during a time of public agreement on the need for increased federal spending to address the economic downturn. Here's why progressives should not be afraid to argue for a larger public role in ensuring a sustained, broad-based prosperity. more »
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Rep. Raul Grijalva, D-Ariz., talks to OurFuture.org about President-elect Barack Obama's request to Congress to release the second installment of Wall Street bailout funds. Grijalva, the new co-chairman of the House Progressive Caucus, says that while Obama has made good promises about how he will handle the $350 million in funds, "I think we can do more." more »
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