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Bernanke: Time's Man of the Year

Time Magazine's naming Ben Bernanke "Man of the Year" is a little bit like celebrating an arsonist for his heroics in putting out a fire that he set. Bernanke has done creative and bold work in staving off a fianancial free fall. But he would also be on any list of...

Progressive Breakfast - 12/16/2009

The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Leiberman and the Remains of Reform The political blogosphere and pundit class are still reeling either from Sen. Joe Lieberman's none-to-surprising betrayal...

Curbing Big Banks: Draw the Damn Line

Enjoy the health care debate? Wait until the Senate takes on the big banks. It already looks like déjà vu all over again. Democrats, bloodied from self-inflicted wounds in the health care debate, may well commit seppuku over financial reform. The script is...

The Wrong Recovery

Things are supposed to be looking up. Today’s data from the Bureau of Economic Analysis gives a fuller picture: low wages and declining domestic production. Real average hourly earnings fell 0.5 percent from October to November, seasonally adjusted The U.S....

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