Archive
China and the U.S. Housing Bubble
We often write about how China’s policy to devalue its currency, the yuan, has been a key factor in the U.S. trade deficit. It’s not an easy issue to grasp. But economist Paul Krugman devotes an entire column to explaining why China’s devalued...
Progressive Breakfast - 10/26/2009
The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Reid To Decide On Health Care Bill Today Reid decision on public option to come today, reports CNN: "Senate Majority Leader Harry Reid is poised to proceed...
Support for the Public Option Keeps Getting Stronger
“New Life for the Public Option” is the headline of Dan Balz’s excellent article in Sunday’s Washington Post. It’s not an accident that this powerful idea has made yet another comeback. And it is not surprising that public and...
The Pay Czar's Pay Cut Ruling: The Hype, the Hoax
The White House pay czar isn't reforming Wall Street. He's cutting deals with it. We need to understand the difference. Responsible people can do reckless things, most often when emotion clouds their better judgment — and no emotion probably clouds judgment any...
Building The New Economy: The Interview
On yesterday's The LiberalOasis Radio Show -- broadcast by WHMP -- OurFuture.org blogger Dave Johnson previewed the Oct. 29 Building The New Economy conference, outlining the economic challenges posed by a shrinking manufacturing base and an unfair trading regime, and...
Singing For Health Care Reform
This is something I wish I'd been a part of, and I hope they call me if they need an extra baritone next time. (It's rare that my vocal training and my politics intersect.) Plus, the guy who got "punk'd" was none other than Bill McInturff, the guy who gave us Harry...
Palin vs Krugman On The Dollar -- Who Is Right?
The other day I wrote about how the dollar is falling - but not against the Chinese Yuan. A falling, or "weak" dollar is great for American manufacturers, and therefore American jobs, because it makes American goods cost less everywhere else. This means our exports...
Financial Reform Clears House: Good First Step, Far More To Go
Campaign for America's Future co-director Robert Borosage praised the House Financial Services Committee for taking steps to protect consumers from predatory financial practices by approving the creation of a new Consumer Financial Protection Agency, in an official...
Progressive Breakfast - 10/23/2009
The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Bill Scher will return Monday. Wall Street did feel a bit of an earthquake on Thursday as a result of actions in Washington, but whether the shaking did more...
Come to Chicago
If you're tired of hearing about the recovery you can't feel, while seeing headline after headline about how well Goldman Sachs is doing — or who's getting big bonuses on Wall Street now, while the rest of the country is facing the grim reality of long-term...
