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Budget Cuts Have Consequences Ask Andrews Air Force Base

Originally posted at Capital Gains and Games. I can't tell you the number of focus groups I've watched and polls I read where the overwhelming opinion was that federal spending could be cut without any decrease in the quantity and quality of what the government does....

Et Tu Cory Booker

False equivalence of the day: Appearing on NBC’s “Meet The Press” on Sunday, Newark Mayor and Obama bundler Cory Booker said he was “uncomfortable” with the Obama campaign’s attacks on Mitt Romney’s career with Bain Capital. “It’s a distraction from the real issues,”...

Facebook and Tahrir Square Revisited

Facebook's initial public offering last week 'offered' the world another double dose of windfalls and greed. But Egypt's elections this week may bring an IPO of a different sort, the 'initial public offering' of an antidote to avarice. Remember the heady days of the...

Progressive Breakfast - 5/21/2012

Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. MORNING MESSAGE: After JPMorgan...

JPMorgan Chase Break Up the Big Banks Now Heres How

When Jamie Dimon revealed that JPMorgan Chase had lost billions through risky and legally questionable trading, he said the losses would be about $2 billion and maybe more. Apparently it is more - a lot more. People in a position to know are saying the real figure is...

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