Archive
Pressure Rises For China Currency Fix -- Yesterday Chinese CEOs, Today Chinese Economists
Yesterday I wrote about Chinese CEOs calling for China to bring its currency up to market rates. Today Chinese economists are joining the call. Chinese economist Gong Shengli, in his book, China is Very Happy, calls for a strong yuan, "In order for China to survive...
Progressive Breakfast: Bring On The Banks
Financial Reform Moves Into Spotlight Financial reform rises to the next major legislative priority. NYT: "…two crucial Republicans on the Senate Banking Committee, Judd Gregg of New Hampshire and Bob Corker of Tennessee, said they expected the overhaul to pass...
Progressive Breakfast - 3/25/2010
Financial Reform Moves Into Spotlight Financial reform rises to the next major legislative priority. NYT: "...two crucial Republicans on the Senate Banking Committee, Judd Gregg of New Hampshire and Bob Corker of Tennessee, said they expected the overhaul to pass this...
What Would You Ask Tim Geithner If You Had the Chance?
Treasury Secretary Tim Geithner delivered a populist stemwinder of a speech the other day, bringing his rhetorical A-game with comments like these: "Listen less to those whose judgments brought us this crisis. Listen less to those who told us all they were the masters...
The Tea Party "Drops By"
Well, that didn't take long. First members of Congress were pelted with bigoted slurs and spit upon, by a crowd cheered on by Republican members of Congress, to the point that the Speaker and congressional Democrats walked across the capitol complex flanked by police...
Pass Senate Health Reform Bill AS IS. Then Start Fighting For Public Option!
Let's get Part I of health care reform done. To do this the Senate should pass the bill that the House sent up, with no changes. THEN start the fight for the next phase of health care reform. There should be an alternative to the mandate to buy insurance from big...
While You're Compromising On Climate, Don't Forget About Jobs
The tripartisan trio of Senators John Kerry, Joe Lieberman and Lindsey Graham are busily shopping around a draft climate protection bill to their colleagues in hopes of securing 60 votes. Politico reports today that the current draft is "it’s chock-full of sweeteners...
Even Chinese CEOS Call For Chinese Currency Fix
The pressure from the huge Chinese currency imbalance shows up in surprising places. Even Chinese CEOs are calling for China to increase the value of its currency to market rates. China CEOs Join Obama in Supporting Yuan Appreciation Yang Yuanqing, chief executive...
Will Americans Reward the Party of "Hell No?"
House Republican leader John Boehner's final rant against health care reform, featuring the refrain of "hell no," aptly summarized the temper and the substance of the general Republican position as the run up to the fall elections begins. (Rumors that the normally...
Progressive Breakfast: REPEAL! .... Or On Second Thought
Popularity Swells For New Health Care Law Ezra Klein notes polls suggest that health care is more popular after passage than before: "Voters like success, the media covers winners more positively than losers, and people take their cues from outcomes. The first poll...
