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Progressive Breakfast - 12/13/2010

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

Reluctant Opposition To Korea Trade Deal

(Updated to include statements from labor and other organizations.) The President wants a win – but is the Korea-US Free Trade Agreement (KORUS) a win? Jobs are the win we need. A good trade deal can really help working people and the economies on both sides of the...

The History Behind the White House Tax Deal

The tax cut pact the Obama administration announced last week has angered a good many Americans. But the pact's lavish generosity toward America's rich should not have given anyone a surprise. Most of the chatter on the tax cut deal the White House has bargained out...

Its (Still) The Economic Paradigm Stupid

Yesterday I wrote that the President may have sacrificed his long-term vision on trade and economic/industrial policy to day-to-day concerns and politics. The tax-cut deal is another indicator that a big-picture vision has been sacrificed. But however much smoke gets...

Tea Party Test Korea Free Trade Agreement

The "Tea Party" will face many tests when the new Congress convenes next year. Everyone is asking, how long will it take before the Tea Party officeholders are co-opted by the big money insiders? "Free Trade" is one of those tests. Tea Party members absolutely despise...

Quietly Ticking Time Bomb in Fed Data

Last week, the Federal Reserve was finally forced by law to release some (not all) of the details of its back-door bailout of the global financial system. The Fed data focuses on the emergency lending programs initiated in 2007/2008, but it also includes data for the...

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