Archive
Seriously, Sarah?
I know this seems like low hanging fruit. But Sarah Palin is back, and along with her mindless blather has returned the chorus of "do not under estimate Palin" and/or "Sarah must be taken seriously." Seriously? We're supposed to take seriously someone who just days...
Progressive Breakfast - 11/30/2009
The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Weeks-Long Senate Health Care Debate Begins At 3 PM ET AP offers pessimistic preview, emphasizing lack of Dem consensus on final bill: " The 60 votes aren't...
Bernanke Breaks the Law. His Own.
Thursday December 3 is the date of both the President’s Jobs Summit and the reconfirmation hearing of Federal Reserve Chairman, Ben Bernanke. We should seize the opportunity to examine the statute that creates the Federal Reserve: The Board of Governors of the Federal...
Obama’s Jobs Summit and Bernanke’s Reappointment: Connect The Dots
How ironic that President Obama’s jobs summit should be scheduled on the same date (Thursday, December 3) that the Senate Banking Committee has scheduled the reconfirmation hearing of Federal Reserve Chairman, Ben Bernanke. Our economy is in a hole. Bernanke is “waist...
Wall Street's Favorite Meltdown Myth Bites the Dust
But Wall Street's mainstream critics still can't bring themselves to challenge the top executive 'right' to reap enormous riches. Great minds have been searching, ever since last fall’s financial sector meltdown, for an antidote to the wildly excessive Wall...
Signals Obama Could/Should Send?
Symbolism is very powerful, and great Presidents use it to set the tone of their Presidency. It is the "Bully Pulpit" because Presidents tell the people "this is the way it is now," then repeat the message and they act in ways that consistently reinforce it, until the...
Concentration of Wealth = An Influence Lock On Our Politics
Since the Reagan-era changes in the country's tax and regulation policies more and more of the wealth and income generated by our economy has been flowing upward to fewer and fewer people. We have now reached the point where wealth is at least as concentrated as it...
The Independence of the Fed
Reps. Ron Paul and Alan Grayson are trying to get the Federal Reserve audited. Last week the House Financial Services Committee passed an amendment to their financial regulatory reform bill that would mandate an audit. The Audit the Fed Coalition is trying to get HR...
In The Fed We Trust? Will The Senate Reward The Architect Of The Wall Street Bailout?
Will the Senate vote another term for Ben Bernanke as head of the Federal Reserve? Should it? Two months ago, Bernanke looked like a lock. But now unemployment is over 10 percent and rising, while Wall Street bankers are stocking up on vintage champagne, ready to...
Obama Sets The Bar For Copenhagen Success
President Obama announced today that he will attend the United Nations Climate Change Conference in Copenhagen, raising the stakes for himself and all participating nations. The initial goal for Copenhagen was to forge a binding treaty. But that ambitious goal has...
