Time To Deliver

Last week, when the fury over AIG bonuses was just peaking, I read something that jolted me out of own anger and into a realization: After a transformational election and […]
Terrance Heath
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An Uneven Journey

Earlier this year, I visited my father, who lives in the Bay Area. As we drove from the Oakland airport, the conversation quickly turned to the Obama presidency. Born in […]
Alan Jenkins
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Creep of the Week: AIG’s Edward M. Liddy

AIG Chairman Edward M. Liddy gets the Creep of the Week award for his stunning, overwhelming, dumbfounding display of cluelessness. Liddy not only awarded $165 million in bonuses to the […]
Leo Gerard
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How To Withstand Deficit Sticker-Shock

(Updated 3 p.m. with Congressional Budget office figures and House Republican leadership response.) This weekend’s news will be dominated by a Congressional Budget Office report that the federal deficit—already projected […]
Isaiah J. Poole
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Lack of a Better Idea

I’ve seen more than one op-ed or blog post about why the idea of taxing bonuses handed out by banks that accept bailout funds — as the House just voted […]
Terrance Heath
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AIG Bonuses: Fooled Again

This is one of those times when I really hate to say, “Told ya so.” But… Well, I did. It was bloggers, by the way, who broke the news that […]
Terrance Heath
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Don’t Feed The Blue Dogs

Yesterday, the Washington Post front page blared “Anger Over [AIG] Depletes Obama’s Political Capital.” And today, we see more vocal criticism from
Bill Scher
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Time To Dog The Dogs

Who stands in the way of the reforms vital to get us out of the deep hole we are in? Republicans, of course, have decided to be the party of […]
Robert Borosage
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It’s Not Just Rush

It’s almost enough to make you feel sorry for Republicans. Trounced in November’s election, faced a popular president, and a voting public that seems to have rejected their conservative politics, […]
Terrance Heath
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The Lesson of Massachusetts

The New York Times has an article up that takes a look at the Massachusetts health care plan and it’s problems dealing with medical costs, and underscores something we’ll examine […]
Terrance Heath
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‘Hard Times’ on Billionaire Boulevard

Forbes magazine, our globe’s premier scorekeeper for the games rich people play, last week delivered its latest annual tally of the world’s billion-dollar fortunes, the first since the world economy […]

The Working Poor Reality

As President Bush and conservative leaders were still touting the “soundness” of the economy in 2007, trends among the working poor were already beginning to tell a different story. After […]
Isaiah J. Poole
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The Jester Speaks the Truth

I won’t bemoan how the failure of media to do its job necessitates his role. I will simply give thanks that, in the absence of reliable media criticism, at least […]
Terrance Heath
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Obama, Education, and America’s Teachable Moment

There is one person in particular I hope got to hear President Obama’s recent speech on education. There was a teachable moment in that speech applicable to all of the […]
Terrance Heath
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Ideology Pushes South Carolina Over The Cliff

Since 2003, South Carolina Gov. Mark Sanford has turned the state into a petri dish for what hard-core conservatism —slashed taxes, shrunken government, cut regulations—would look like. With a Republican-controlled […]
Isaiah J. Poole
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Waking Up The “Fiscal Wake-Up Tour”

Social Security and Medicare opponent Pete Peterson funds through his foundation a “Fiscal Wake-Up Tour,” which characterizes itself as a non-ideological truth-telling presentation bravely warning the nation that Social Security […]
Bill Scher
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Will the Budget Battle Become a Climate Battle?

Budget battles are inherently complex and President Barack Obama’s moreso. A budget encompasses everything government does, so multiple fights on disparate issues can be sparked, making it hard to communicate […]
Bill Scher
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Q&A with Auto Industry Expert William J. Holstein

Leo W. Gerard: The likes of Alabama Sen. Richard C. Shelby and other “Toyota Republicans,” as I call them, contend that GM and its partners in the Big Three American […]
Leo Gerard
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Why CNBC Is Bad For The Economy

Jon Stewart deserves a medal for finally getting the public talking about the ugly, dangerous truth about the leading outlet for business and economic news coverage, CNBC: It often inflames, […]
Isaiah J. Poole
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Will Everyone Grab a Bucket? This Thing is Sinking

Last year we worried about homes below water; now it is the economy itself that is sinking. Warren Buffett says the U.S. economy has “fallen off a cliff.” And, as […]
Robert Borosage
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Like He Said

Oh, boy. It’s gonna be a fun eight years if president Obama keeps giving interview answers like these. First, he exasperates and confounds conservatives by doing pretty much what he […]
Terrance Heath
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Goverment-Funded Health Care? We’re Already Two-Thirds There

My fictitious conservative uncle—let’s call him Uncle Con—is at it again. “Americans don’t need socialized medicine!” he bellows, doing his very best Rush Limbaugh impression—which pretty much lets you know […]
Sara Robinson
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Scare Tactic Recycled: Unionizing Kills Jobs

Anti-labor forces this week are reprising an old argument about the Employee Free Choice Act: Making it easier for employees to join unions will cost employees their jobs. The latest […]
Isaiah J. Poole
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Creep of the Week: PennyMac’s Stanford L. Kurland

Ever since President Obama announced his plan to forestall foreclosures, many of those lucky enough to have burned their mortgages have angrily suggested that less frugal homeowners get the Creep […]
Leo Gerard
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Sliding Economy Demands More Action, Not Less

The Washington Post had an interesting lead sentence for its coverage of the White House health care summit: “…President Obama yesterday reiterated his pledge to enact comprehensive legislation this year, […]
Bill Scher
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CPR Means “DNR” for Health Care Reform

They’re at it again. Conservatives, in concert with the health insurance industry, are desperately reaching for relevance on health care. But what they call CPR is really DNR — a […]
Terrance Heath
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Obama’s Next Gauntlet: Reviving the Middle Class

It ain’t easy. No use jokin’. Everything’s broken.”-Bob Dylan We can’t go back to the old economy. That economy — marked by booms and busts, Gilded Age inequality, declining wages, […]
Robert Borosage
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How the Government Enabled the SUV Craze

Far be it from me to criticize anyone in government. (Yeah. Right.) But there’s something that’s been on my mind ever since people started piling on the auto industry, and […]
Terrance Heath
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A United Middle-Class. Eeek!

The SEIU has a brilliant new video skewering corporate executives and lobbyists pathetically trying to stoke panic around the Employee Free Choice Act, which will simply give employees the power […]
Bill Scher
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Finally, a president who works for workers

It would be easy in these troubled times to shrink from campaign promises, to cower from the greatness that might have been, to claim that the beast of the Bush […]
Leo Gerard
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A Tea Party Celebrating Fake Populism

All you really need to know about the so-called Great American Tea Party, the series of protests a coalition of right-wing organizations and bloggers is fanning around the country, is […]
Isaiah J. Poole
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Obama: The Cap on Carbon Is Coming…

President Barack Obama yesterday made a very specific demand for averting a climate crisis and transitioning to a clean energy economy when he said, “I ask this Congress to send […]
Bill Scher
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