Archive
Dollar Weak? Not Against Yuan!
Conservatives are blasting President Obama, saying he is causing a "weak" dollar. The Drudge Report has a headline or a story pretty much every day blasting this message out. Republican e-mails warn that the dollar is "collapsing" under Obama. Blogs and talk show...
Progressive Breakfast - 10/21/2009
The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Robust Public Option Cuts Deficit, Could Be In Final House Bill Dems aides say House public option bill to get even better CBO score. Official numbers may come...
Dogs & Trainwrecks: How Big Insurance Sees Us
When I was up You would always come round But when I needed a friend Oh, you could never be found I got a hole Where my heart used to be I wouldn't treat a dog, no, no The way you treated me Cher, "I Wouldn't Treat a Dog the Way You Treated Me" Hey, Sen. Landrieu....
Where Will the Jobs Come From?
They are popping the bubbly on Wall Street. Million-dollar bonuses, the Dow at 10,000, the casino is open again. Forget President Obama, who says we can't go back to an economy where finance pockets 40 percent of the profits. We're already headed there. The...
Coming Clean on the Stimulus
A report issued by the White House and the Education Department on Monday showed that the federal economic stimulus package (the American Recovery and Reinvestment Act) has so far created or saved 250,000 education jobs. The report is the first hard evidence of the...
Progressive Breakfast - 10/20/2009
The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Increased Support for Public Option Among Indys, Seniors For the millionth time, poll shows public option popular, while tax on expansive insurance plans still...
Bernanke Solves The Wrong Deficit
Federal Reserve chairman Ben Bernanke recognized today that America’s trade deficit played a central role in the global economic crisis. Then after he recognized the problem, he went on to solve a different one. Start with the real problem, America’s trade deficit....
Whatever, Mary.
I saw this on Friday, but didn't get around to writing something about it until today. Since then, of course, many other bloggers have covered it by now. But when a Democrat says something like what Sen. Mary Landrieu did on health care reform, I can't help chiming in...
Fed Chief Says Trade Imbalance Helped Cause Crisis
Here is some news for you: Fed Chief Cites Trade Imbalances’ Role in Crisis, Ben S. Bernanke, the chairman of the Federal Reserve, said on Monday that global trade imbalances played a central role in the global economic crisis and warned that both the United States...
Does China's Nylon Tariff Help American Manufacturing?
A few weeks ago, in a case involving a tire import surge President Obama enforced our trade agreement with China. The agreement spelled out that a disruptive surge in imports would be remedied by imposing a tariff, which is what the President did. Of course he was...
