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A Mandate To Preserve And Extend Our Social Insurance System

by | Oct 1, 2012 | Blog

Those of you who read this blog know that I've been nearly apoplectic over the past few months over the behind the scenes maneuvering to enact a Grand Bargain after the election. It is a great relief to see Paul Krugman take up the cause: If the polls are any...

Never Underestimate Wall Street's Ability To Overestimate Washington

by | Oct 1, 2012 | Blog

Originally posted at Capital Gains and Games. This is a true but hard-t-believe story. Last October, when I was talking one-on-one with a number of hedge funds and other Wall Street firms about what the anything-but-super committee was likely to do, I repeatedly came...

Progressive Breakfast

by | Oct 1, 2012 | Uncategorized

MORNING MESSAGE: Mitt's Harvest OurFuture.org's Richard Eskow: "David Corn at Mother Jones has released another Romney video. This one's from a Bain Capital meeting in 1985 in which Romney says Bain's business model is to acquire companies and then 'harvest them at a...

See WHY Austerity Can't Reduce The Deficit

by | Sep 30, 2012 | Blog

Austerity -- cutting government benefits and services -- is not the path to fixing deficits. In fact, economists warn that trying to fix a sluggish economy by cutting government spending will just make things worse. Worse yet, this approach can have damaging effects...

Punitive Austerity

by | Sep 30, 2012 | Blog

Paul Krugman today: So much for complacency. Just a few days ago, the conventional wisdom was that Europe finally had things under control. The European Central Bank, by promising to buy the bonds of troubled governments if necessary, had soothed markets. All that...

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