Archive
How The 1 Percent Thinks To Boehner 166 Payroll Tax Break Is Measly
For "renaldomacias" on Twitter, $40 extra a paycheck means "buying a full bag of groceries OR filling the car with gas to get to work. Without that $40, we'll be doing neither." BaldEmotions writes, "#40dollars a paycheck through the entire year is what it costs us to...
Payroll Tax Situation Wont Be Resolved Until Next Week
I haven't yet seen a good scenario for how the stalemate between the House and Senate on the payroll tax extension will play out. The most common thought was making the rounds yesterday was that the House would give in to the Senate and agree on the Senate-demanded...
Cornered Tea Partiers Are Dangerous
I think this says it all: This is how they roll. They just don't believe in voting: House Republicans blocked a Democratic attempt Wednesday to call up the Senate payroll tax bill by quickly gaveling today's pro forma session to a close. Rep. Michael Fitzpatrick...
Progressive Breakfast - 12/22/2011
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: That $335 Million...
When Lessons From Education Reform Go Unlearned
One good thing you can say about 2011 is that it is a year in which lots of wrong-headed undertakings finally came to their ignominious conclusions -- including, among others, the Iraq War, the Gadhafi regime, the presidential candidacy of Donald Trump, and "The Oprah...
That 335 Million BofA Settlement The Good The Bad And The Very Ugly
The Obama Administration announced a $335 million settlement deal with Bank of America to settle charges of discriminatory lending practices. Here is, in ascending order of importance, the good, the bad, and the ugly. The Justice Department deserves praise for...
For 2012 Lets Restore Our Industrial Commons
David Brancaccio's Marketplace story Tuesday, Decline of Kodak offers lessons for U.S. business traced the decline of Kodak and the loss of Rochester, NY's good, middle-class jobs to Kodak's failure to tend its "industrial commons." This is a national problem. For...
Gotta Fix Trade
Today's GDP report shows slow growth. It isn't declining growth so technically is not a recession, but not enough growth to lead to job gains. U.S. Economy Grew at a 2% Rate in the Third Quarter, The United States economy grew at an annual rate of 2 percent in the...
Consensus Grows Confront China On Trade
In the day-to-day news about trade problems with China the bigger picture can get lost. America is giving up its competitive position in industries of the present and future and it is costing us. Even the people you would think would defend "free trade" are coming to...
Break Up Bank of America Before it Breaks Us
On Monday, Bank of America (BofA) stocks briefly traded for under $5. Yes, you could buy a share of BofA for less than the noxious debit card fee they tried to force down your throat. BofA is massive, with assets equivalent to 15 percent of U.S. GDP. So why is it...
