Archive

We all despair of the chump Charlie Brown. Each fall Lucy promises to hold the football. Charlie trusts her. And --bam -- she pulls it away at the last moment each time. Well, the clownish Alan Simpson, dyspeptic co-chair of the president's deficit commission, is...

Robert Reich pleads with Democrats, and President Obama to give Americans a clear explanation about why the economy stinks. He gets it right. The newly liberated leadership of the Democrats in the House would be wise to make this their message and their agenda: Quiz:...

Just starting to parse through the Fed audit data. Looks like the Primary Dealer Credit Facility is predominantly a bailout for Citigroup and Bank of America. More to come . . . UPDATE: Looks like in the early days the Primary Dealer Credit Facility was almost...

On Wednesday, the White House deficit commission is expected to take a final vote of the recommendations of its co-chairs Alan Simpson and Erskine Bowles. Then the battle for public opinion really begins. As the Wall Street Journal reported today, there is little...

It's come to this: At a strange and bitter press conference this afternoon (where they even accused their opponents of "racism"), the co-chairs of the Presidential Deficit Commission laid out a proposal that literally meets the dictionary definition of extremism....

The co-chairs of the White House National Commission on Fiscal Responsibility and Reform released its deficit-reduction ideas earlier today, and a range of progressive leaders are united in saying its proposals, particularly on Social Security, should be rejected...

The co-chairs of the Presidential Deficit Commission released the final draft of their report today, and it's now scheduled for a Friday vote by members of the Commission. We're being told that it's a fairer and more reasonable document than its predecessor. It's...