Archive
A Quarter Of A Million Little Pieces Pete Peterson & the Washington Post Have a New Fiscal James Frey
Right-wing billionaire Pete Peterson continues to use the Washington Post as an outlet for deceptive anti-tax and anti-government propaganda. His "Fiscal Times" is a factory for churning out James Frey-like mendacity, which the Post then deceptively packages and...
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...
Blind Trust Holders Sham Operation and Obamas Wall Street Justice
Here's something the administration may want to take to heart: Trust is a lot like money. If you spend more than you earn, it could be gone when you need it the most. Consider the Attorney General's highly-touted announcement of a "crackdown" on financial fraud....
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...
Deficit Commission Moves The Goalpost Disses Leading Progressive Member
Rep. Jan Schakowsky, D-Ill., says that as of this morning she had not been shown the latest proposal of the White House deficit commission, even as she says it is being "shopped around" by its co-chairs in an effort to get the support of a simple majority of its 18...
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...
The Liberal Dilemma
Kevin Drum wrote an interesting post about the Democrats' dilemma in dealing with a hardcore opposition that literally doesn't care if their policies cause human suffering. (Indeed, they actually promote it, only they call it "tough love".) Democrats are...
Compassionless Conservatism
It has been said before — recently, even — but it bears saying again and again, as any truth does. Conservatives have finally, and completely, abandoned compassion. Progressives spent much of the previous decade declaring the "compassionate...
