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Bankers: The Real House Thieves of New Jersey

Write a cookbook, go to jail? David Dayen points out the absurdity and hypocrisy behind the Obama/Holder Justice Department's decision to indict two stars of "The Real Housewives of New Jersey" on charges of mortgage fraud while Wall Street's crooked bankers still go...

The President, Chattanooga, Amazon And Job Creation

The President visits Chattanooga today to continue to promote his job-creation campaign. But Amazon? Really? Why is President Obama using Amazon to tout his ideas for job creation? President Welcomed To Chattanooga Today in Chattanooga the President visits an Amazon...

Happy Birthday Medicare!

Today is the 48th birthday of Medicare! President Johnson signing the Medicare program into law, July 30, 1965. Photo credit: LBJ Presidential Library. Before Medicare only half of older Americans had any health insurance at all. The elderly had on average half the...

Reversing the Tide that Swamped Small Boats

Barack Obama said in a speech last week that America should invest in itself and build out from the middle class. His ideas so frighten Republicans that they’re threatening to wreck the U.S. economy.

Progressive Breakfast

Obama To Propose Compromise For Jobs Obama today to propose new "grand bargain": corporate tax reform for infrastructure investment. Reuters: "Obama wants to cut the corporate tax rate of 35 percent down to 28 percent and give manufacturers a preferred rate of 25...

Cruel Arithmetic and President Obama's Big Speech

Last week President Obama gave a speech at Knox College in Illinois in which he announced plans to return his focus to the economy. The agenda he outlined centered on policies to rebuild the middle class leading to growth "from the middle out," as he put it. The basic...

The Economic Terrorists Are At It Again...

Republicans are gearing up to hold our economy hostage yet again. The last fight over the debt limit cost our economy $18 billion dollars, and despite that, the GOP is ready to do it all over again to try and force President Obama to accept even more extreme austerity measures. Last week, House Speaker John Boehner said, “we're not going to raise the debt ceiling without real cuts in spending. It's as simple as that.”

Jobs Fix Economy, Cuts Cut Economy

The President is pushing a jobs agenda to grow the economy "from the midddle out." Insider DC is mocking him because the ideas -- infrastructure, American manufacturing, fund our schools -- are not "new." Here is what else isn't new: budget cuts take money out of the...

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