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Progressive Breakfast

President Kickstarts Mortgage Reform Debate Obama draws line in housing before over 30-year fixed rate mortgage. NYT: "The president praised a bipartisan Senate effort to replace Fannie and Freddie with a system that would charge lenders for explicit government...

Bennett-gate And The Politics Of Grading Schools

Last week's midair disintegration of a high-flying apparatchik in the movement known as education "reform" is still making headlines in local press and the national media. Tony Bennett was a hero of the national movement bent on reshaping public education along the...

Enormous, Humongous Trade Deficit Shrank In June

The enormous, humongous, vast, staggering, unbelievable, job-sucking, economy-sucking US trade deficit shrank to "only" $34.2 billion from a revised $44.1 billion in May. Exports of US goods and petroleum were up, imports of petroleum and consumer goods were down....

GOP Plan to Beat Itself Up

Saturday began Congress’ traditional five-week, late-summer sojourn during which members engage in the customary sipping of mint juleps, kissing of fat cat donors and, oh yeah, jawing with select constituents. Since this Congress is on track to be the least productive...

Progressive Breakfast

Obama Backs Privatizing Mortgage Guarantees President Obama sides with ending Fannie Mae (AP): "President Barack Obama, seeking to buffer taxpayers from future housing market downturns, will urge Congress this week to back bipartisan efforts to shutter Fannie Mae and...

Detroit Is the Front Line

Detroit Is the Front Line

The campaign against Detroit is the latest battle in a long war against the American social contract. For that war to succeed, millions of Americans must be convinced to see their fellow citizens – working people, retired people, students, the poor.

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