Archive
Sen. Lindsey Graham Crosses The Climate Rubicon
Last week, I struck a hopeful note after GOP Sen. Lindsey Graham expressed interest in a climate bill compromise that included a carbon cap in exchange for support for some nuclear power and coastal drilling. But my expectations it would really happen remained low....
Manufacturing And Outsourcing -- What Were We Thinking?
I'm reading a a review of"Capitalism: A Love Story" at naked capitalism, and came across this, "I grew up in small towns dominated by manufacturing plants, and I remember that they were prosperous, optimistic, and stable. People who had good jobs at the local mill...
Here We Go Again - American Glass Industry Losing Jobs And Factories To Chinese Subsidies
Short-term gains for a few. Long-term harm to the rest of us. Again and again we have seen American industries exported, the plants closed, the jobs lost, and government officials just letting it happen. The workers in the other countries are almost always paid less...
Moyers Tonight: Why Wall Street Always Wins
Don't miss the Bill Moyers show tonight. He's got Simon Johnson, the former IMF economist and Rep. Marcy Kaptur looking at how Wall Street dominates Washington -- from the White House to Congress. Eyeopening stuff: Arianna Huffington published an excerpt from the...
Progressive Breakfast: Health Care Jockeying Continues
The jockeying continues among members of the Senate Finance Committee to get enough votes to pass a health care reform bill. The Hill reports that committee chairman Sen. Max Baucus is optimistic that an assessment of the cost of the bill by the Congressional Budget...
Progressive Breakfast - 10/9/2009
There's more pessimism on the economic front that should bolster the case for more sustained action in Washington to pump-prime the economy. A panel of Wall Street Journal economists points to a prospect of sustained high unemployment for at least the next three to...
Spatula Alert: Obama Wins Nobel Prize
Wow. Break out the spatulas, and get ready to scrape the exploded brains of right-wingers off the ceiling, walls, etc. Apparently, President Obama has won the Nobel Peace Prize. US President Barack Obama has been awarded the 2009 Nobel Peace Prize. The Nobel Committee...
Conservatives ... You Can't Handle The CBO!
After all year repeatedly citing Congressional Budget Office
Major Free-Trade Economist Says China Tire Tariffs "Part Of The Rules"
The Wall Street Journal's Real Time Economics blog wrote this yesterday: Princeton University economist, author and New York Times columnist Paul Krugman won the Nobel Prize in economics last year for his work on international trade — so the guy knows what he’s...
"Anything Goes" Capitalism Destroys Companies and Workers' Lives
In the title tune to the 1934 musical Anything Goes,"Cole Porter says "times have changed," since the stock market crashed in 1929, but the super rich, like John D. Rockefeller Jr., "still can hoard enough money to let Max Gordon produce his shows." The lyrics also...
