Archive
America Still Needs Elizabeth Warren, And The Bank Lobby Is Still Lying About Her
Of all the accomplishments Elizabeth Warren has amassed during her lifetime, one of the most impressive is also one of the least well-known to the general public. Warren was a co-founder of Credit Slips, a very technical, influential blog on banking and bankruptcy....
The House Republican Response To Weak Jobs Report? Do Less.
In the Reality-Based Community, the disappointing job reports are evidence we need our government to do more to get the economy on sound footing. In Conservative Fiction Land, the disappointing jobs reports are evidence we need to go back to the policies that gave us...
Where Are The Jobs, Jobs, Jobs, Jobs, Jobs, Jobs?
The economy is stuck. We need jobs, jobs, jobs, jobs, jobs, jobs jobs, jobs, jobs, jobs. Not tax cuts. The government released the July Employment Situation Summary and it isn't great. First, in context, before the stimulus we were losing 800,000 jobs a month. The...
New Unemployment Data: No News. Clear Conclusions.
Today’s new unemployment report contains no news, just decimal point changes. It tells us what we already know, that times are bad. The question is whether our great nation can rise to the challenge. Unemployment remains unchanged at 9.5 percent, with 14.6 million...
Progressive Breakfast: The Job Is Not Done On Jobs
Senate Clears State Aid Jobs Bill, As Weak Jobs Data Continues BREAKING: Weak jobs numbers this AM from Labor Dept. "Total nonfarm payroll employment declined by 131,000 in July, and the unemployment rate was unchanged at 9.5 percent … Federal government...
Progressive Breakfast - 8/6/2010
Senate Clears State Aid Jobs Bill, As Weak Jobs Data Continues BREAKING: Weak jobs numbers this AM from Labor Dept. "Total nonfarm payroll employment declined by 131,000 in July, and the unemployment rate was unchanged at 9.5 percent ... Federal government employment...
A Banker Can't Get Arrested in This Town
The Justice Department and the Securities and Exchange Commission have broad powers to root out and punish financial fraud. The Interagency Financial Fraud Task Force, formed last November, is an Obama-era innovation that enhances the government's ability to track...
Facts Over Fantasy In A Gay Marriage Ruling
teworthy that the right-wing reaction to U.S. District Court Judge Vaughn Walker's ruling against California's Proposition 8 ban on same-sex marriage is not based on coherent, substantive and scientific arguments about the impact of gay marriage on society. Rather,...
Medicare Stronger. Automakers Profitable. Government Action Works.
Today, the President visited his third American auto plants in recent weeks, highlighting the fact that all three major American automakers are now profitable after government intervention and restructuring of the industry. Also today, the Medicare trustees reported...
What Social Security Report SAYS vs What They Tell You It Says
Social Security and Medicare Boards of Trustees today released their report on the Status of the Social Security and Medicare Programs. Here is what it says: Social Security Just Fine Until At Least 2037 The summary of the report says, "The financial outlook for...
