Archive
Lessons From China's Stimulus
China and the United States have both engaged in economic stimulus plans. This provides an opportunity to compare, and hopefully to learn. China's stimulus brought them through the economic crisis, even as they lost some exports because of the slowdown. They made the...
IMF: ONLY Market Rate for Yuan Can Guarantee World Recovery
According to Asia News, In its World Economic Outlook, the International Monetary Fund says only a new Chinese monetary policy can guarantee a global economic recovery. This is a characterization (dated April 22) of the IMF's semi-annual World Economic Outlook, which...
Suffering From Deficit Allergies
The following was originally published by Politico This spring, much of Washington is afflicted with deficit allergies. The Senate had to break a filibuster just to pass a one-month extension of unemployment insurance without “paying for it.” House Blue...
Progressive Breakfast: Goldman Grilling May Break Filibuster
GOP (+1 Dem) Filibusters Wall Street Reform After GOP blocks consideration of Wall Street reform, Sen. Maj. Leader Harry Reid to continue hold cloture votes to pressure Republicans. The Hill: "A senior Democratic aide said Reid would schedule votes to end a Republican...
Progressive Breakfast - 4/27/2010
GOP (+1 Dem) Filibusters Wall Street Reform After GOP blocks consideration of Wall Street reform, Sen. Maj. Leader Harry Reid to continue hold cloture votes to pressure Republicans. The Hill: "A senior Democratic aide said Reid would schedule votes to end a Republican...
Republicans Filibuster Our Financial Future
Last night, Senate Republicans proved beyond any doubt that when it comes to the economy, they stand with Wall Street and against everybody else. Joined by lone Democrat Sen. Ben Nelson (D-NE), Republicans successfully filibustered the procedural technicality of...
Shorting Democracy
This may be the single biggest lie in modern American history: "Most Republicans want a bill," said Sen. Richard Shelby, "but they want a substantive bill." We've criticized the Democrats plenty of times on the issue of financial reform, and the Dodd bill isn't...
Today At The Virtual Summit: Whose Commission Is This?
Today at the Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck the Economy hosted by Campaign for America's Future... Whose Commission Is This?: Roger Hickey flags that the White House deficit commission is working directly with chief...
The Simpson-Bowles Deficit Hysteria Sideshow Debuts On Fox
The following is part of the “Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck The Economy." Before the White House deficit commission meets for the first time tomorrow, the two co-chairs Erskine Bowles and Alan Simpson gave a preview...
Larry Summers Is Lying About Big Banks
Last week, Larry Summers, the top economic adviser to President Barack Obama, gave a startlingly dishonest interview with PBS Newshour's Jeffrey Brown. When asked directly why the White House was not pushing to break up the nation's largest banking behemoths, Summers...
