Archive
Do Tax Cuts Help The Economy
In the news: Congress debates extending an extra tax cut for the rich, Obama's "deficit commission" proposes tax cuts to cut the deficit. Both of these assume tax cuts help the economy. But do they? What is the record? In this morning's public hearing of the National...
Citizens Commission The Real Issue Is Jobs
Members of the Citizens' Commission on Jobs, Deficits and America's Economic Future formally released their report earlier today with a declaration that the commission created by the White House to come up with a deficit-reduction plan is poised to make the economy...
Here Come the High Rollers
While the Dodd-Frank Wall Street reform bill did too little to address the problem of “too big to fail” banks, one of the big wins for reformers was the bill’s strong derivatives chapter which drags risky “over the counter” derivatives...
Progressive Breakfast - 12/1/2010
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: Save Dems From...
Progressive Breakfast
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: Save Dems From...
Yes Megan Bankers Break The Law
I frequently disagree with Megan McArdle, but her WikiLeaks post yesterday on struck me as simply delusional. The basic argument: megabank financiers haven’t committed any crimes, because if they had, we’d already know about it. There’s a kind of...
America Speaks Will Washington Listen
"America has spoken." It's a phrase we've heard from the right after every election — special election, run-off or midterm — following the 2008 election in which voters sent Barack Obama to the White House and Democratic majorities to both houses...
Congress Priority Tax Cuts For Rich Peoples Priority Not That
As the clock ticks down on tonite's expiration of extended unemployment benefits for the 9.6% of Americans who are officially unemployed, the coming end of school lunch and other child nutrition programs, and the possibility of doing anything whatsoever to help create...
GAO Bank Regulators Not Even Looking At Foreclosure Practices
A rather nauseating statement from a Government Accountability Office report on foreclosures: Because they generally focus on the areas with greatest risk to the institutions they supervise, federal banking regulators had not generally examined servicers’ foreclosure...
Will The Fed Withdraw Its Foreclosure Predator Bailout
Yesterday, The New York Times ran an editorial opposing a new Federal Reserve proposal to eliminate predatory lending penalties. The rule under consideration is the same obscure regulation I blogged about a couple of weeks back, and it's very encouraging to see major...
