Archive
The Lying Liars At Goldman Sachs
Today, Goldman Sachs sent its second-highest-ranking officer to Washington, D.C. to tell the Financial Crisis Inquiry Commission that his company is staffed and managed by complete idiots. In an effort to evade investigation, Goldman Sachs Chief Financial Officer...
U.S. Politicians Deny the Obvious Injury; U.S. Manufacturing Bleeds
In the film, “Monte Python and the Holy Grail,” King Arthur severs both of the Black Knight’s arms during a sword fight, but the Black Knight attempts to battle on. The king admonishes him: “You’ve got no arms left.” The knight refutes that: “Yes I have.” “Look,” at...
Feingold v. Fernholz: Vote For Wall Street Reform
Sen. Russ Feingold, D-Wis., is defending his decision to vote against the Wall Street reform bill on the grounds that it is simply too weak to prevent future crises, and Tim Fernholz is crying foul. On policy substance, Feingold is undoubtedly correct. From Feingold:...
Germany and China Manufacture A Path Out Of Recession
This was in today's Progressive Breakfast, which of course you all read (sign up here), but I want to break it out for attention: W. Post's Harold Meyerson argues China and Germany are handling recession better because of manufacturing: "Most Americans, I suspect,...
Progressive Breakfast - 7/1/2010
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. House Passes Wall St. Reform, While...
Obama at Racine: Conservative Ideas Have Failed
Obama went to town meeting in Racine. Full transcript here: http://www.wrex.com/Global/story.asp?S=12735210 He finally did contrast with conservative ideas that failed. On economy, on jobs, on Wall Street, on energy. Gloves not off, but at least mixing it up....
Grow The Economy, Reduce The Deficit, Invest In The Future
I support smart economic policies to reduce the structural deficit over time. However, I want to share three major concerns. 1. We are in danger of killing or weakening needed growth in the name of reducing deficits. My organization is a member of the Jobs for America...
Chinese Paper Subsidies: Boring? Jobs: Not Boring!
China is cheating again. Yawn... China is subsidizing its paper industry ($33 billion 2002-09) and has tripled their production, and now is the largest producer of paper and paper products. Yawn. This has cost jobs and approximately 400,000 remaining American jobs are...
The Fog of Reform: Dems Oversell While Tea Party Saves Billions For Hedge Funds
The President was right to call out John Boehner today for describing our economic catastrophe as "ant" that didn't deserve a "nuclear" response. That "ant," as the President pointed out, "led to the loss of nearly eight million jobs" and "cost people their homes and...
Did I Mention That Conservatives Hate Teachers?
Yesterday House leaders formally proposed spending $10 billion to help recession-bruised, fiscally distressed states prevent layoffs of hundreds of thousands of teachers The proposal saves teaching jobs without increasing the budget deficit by cutting other stimulus...
