by Eric Lotke | Aug 27, 2009 | Blog
Today’s data from the Bureau of Economic Analysis tell the same old story. National GDP is dropping and personal incomes are dropping along with it. These are troubled times. But wait! There's more! Corporate profits are on the rise. Source: BEA: GDP, personal income,...
by Sara Robinson | Aug 27, 2009 | Blog
August, die she must. The town hall freak show is winding down, the media circus is packing the cameras and satellite dishes and hairspray back into the vans, and Congress is soon heading back to the relative safety of DC. Yet, after all the fuss and bother, they're...
by Bill Scher | Aug 27, 2009 | Uncategorized
The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Kennedy Inspiring Action On Health Reform, While Conservatives Politicize The Nation's Katrina vanden Heuvel calls on Democrats to rally behind Kennedy's...
by Robert Borosage | Aug 27, 2009 | Blog, Financial Reform
The reappointment of Ben Bernanke as Chairman of the Federal Reserve -- cleverly timed to defuse the news of burgeoning federal deficits -- was preordained. The "markets" demanded it, and as James Carville noted, when the markets speak, presidents listen. (Carville,...
by Eric Lotke | Aug 26, 2009 | Blog
The Congressional Budget Office published revised estimates about the deficit, and people are hyperventilating. “[B]urying our children and grandchildren under a mountain of unsustainable debt,” declared House minority leader John Boehner (R-Ohio). Leave aside for a...
