Archive
Myths of Protectionism: Stories You Are Likely to Hear in the Wake of the China Tire Trade Tariff Case
President Obama has decided to enforce our trade laws and imposed a 3-year tariff on Chinese tires. I suspect the country is about to witness a corporate hissy fit that will surely rival any righteous teabagger’s demands to see the President’s birth certificate. Here...
Watch Out Wall Street, Here Come the Dutch!
All the big banks in the Netherlands, pressed on by the Dutch finance minister, have agreed on a serious plan to restrain banker bonuses. And now the Dutch want the rest of the world to sign on. Remember that fabled Dutch boy who stuck his finger in a dike and saved...
Billionaires for Wealthcare Thank Teabaggers For Their Support
It was a lovely day in DC as the Billionaires for Wealthcare gathered to survey our investments. After a few of our beautiful heiresses took proper tea at the Ladies Tea Party held by Americans for Prosperity, our gilded heroes headed off to greet the marchers with...
President Obama Enforces Trade Law In China Tire Case!
President Obama signaled a new direction in America's trade policies by deciding to enforce the ITC's recommendation to impose tariffs on Chinese tire imports. NY Times: U.S. Adds Punitive Tariffs on Chinese Tires In a break with the trade policies of his predecessor,...
China Tire Case - Financial Times Op-Ed Says Tariffs Needed! Update - Reid Says Tariffs Needed
Clyde Prestowitz op-ed in the Financial Times, Obama can help free trade with tariffs: Not to accept the tariff recommendation would be a severe blow to open trade and globalisation as well as to America’s future economic health. Prestowitz argues a tariff would be...
Heritage Foundation Blames Poverty On ... Air Conditioning
Thursday's U.S. Census Bureau report on poverty and income, which showed the poverty rate increasing from 12.5 percent in 2007 to 13.2 percent 2008 and the median household income falling during that period by an historic 3.6 percent, was a devastating indictment of...
Progressive Breakfast - 9/11/2009
The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Prez Speech Reverberates On Capitol Hill As Talks Continue Another poll shows bounce for reform. CBS: "Last week, just 40 percent of these adults approved of...
Postcard from Canada: Why I Missed Obama's Speech
True confessions: I missed the health care speech. I was sacked out in my attic bedroom high on a mountainside in Vancouver, sleeping off a narcotic haze and the exhausting aftermath of a long night spent in the emergency room.
Conservative Health Care Response Ignores Facts
The reviews of President Obama's health care speech before a joint session of Congress have been fairly glowing. Most agree that the President made a strong case for health insurance reform and did a good job of explaining why the public option is important, even if...
Today, We're Going To Learn About Temper Tantrums
Earlier today on WHMP's Bill Dwight Show, I offered my analysis of President Obama's speech. The segment starts about five minutes in. Terrance Heath made the point earlier today that apparently we now need a grownup's table and a kid's table for Presidential...
