President Obama

Republicans jammed together a mess of old, failed and vague schemes and called it a jobs bill. Sen. more »

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As the Occupy Wall Street movement spread across the nation last week, politicians in D.C. more »

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A long time ago, in an historical America, lawmakers determined a progressive tax code to be the fairest and most logical for all.

The legislators asked more of those who had benefitted most from the advantages America provides. They asked less of those who benefitted least. more »

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This past Friday night in Washington, a New York Mets pitcher threw the type of pitch President Obama must use in his march to stop any new proposals to cut Social Security if he plans to make it through the game of the deficit talks and his reelection. In the recent past the President and his teams have pitched a slew of failed curveballs that would cut our Social Security. The number 43 Mets pitcher R.A. Dickey helped beat the Nationals 7-3 with his slow velocity, highly unpredictable knuckleball. The 44th President and his multitude of committees have taken an approach to cutting the deficit that replicates a tied baseball game, with no end in sight. Could knuckle balls from a President battling to win the game, save the economy, and win reelection save the tied ball game called the deficit debate? Let’s take a look at the tape.

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Janesville, WI -- As President Obama gets ready for his big jobs speech Thursday, America's nurses have a message for him. "Heal America, Tax Wall Street!" the signs read as nurses rallied in front of 61 Congressional offices recently. The nurses are proposing a bold alternative to the "cut, cut, cut" rhetoric emanating from Washington, D.C and governors across the nation. more »

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President Obama said that Social Security is not an "entitlement," or a "driver of the deficit or debt," at a Minnesota Town Hall meeting on Monday. Then why is he allowing a Super Committee charged with deficit reduction to address the program?

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By

Warren Mosler

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Yesterday, must have been jobs day at The Washington Post since they ran two columns calling for job creation: one by Katrina vanden Heuvel and more »

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There have been many reactions to S & Ps action in downgrading the credit rating of the US, Apart from the widespread annoyance and repudiation of S & P and its procedures, there are some who are saying that it won't have much effect on interest rates. Others even saying that it more »

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Last December, my friend, beowulf, had this to say at the time Moody's began to make noises about downgrading US debt. He said:

”I don’t think we’ll see Moody’s or any other rating service based in the US ever downgrade US Treasuries. It would cause a tremendous amount of financial loss and would leave Moody’s and its executives exposed to criminal prosecution. more »

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