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A Conversation On Obama / Xi China 'Summit' Outcome

This week I hosted a blogger call to discuss the outcome of last week's Friday/Saturday meetings between President Obama and Chinese President and General Secretary of the Communist Party of China Xi Jinping. None of this matters much, unless you care about your job,...

Boehner's New Debt Limit Ransom: Cuts On Top Of Sequester

With the House Republican caucus still squabbling over what ransom they should demand for an increase in the debt limit, Speaker John Boehner issued his own threat yesterday. According to Roll Call, Boehner wants "another round of spending cuts beyond the sequester."...

One Step Closer To Ending The Underground Economy

The Senate is on the verge of preventing an initial filibuster of the bipartisan immigration reform bill, with several Republican votes in support of proceeding. Despite all the trumped up "scandals," the Republican Party shows little interest in derailing the top...

Court Grants Corporations Impunity to Mug Retirees

When a kid snatches an old lady’s purse, it’s punished as a crime. But when a corporation manipulates bankruptcy law to deny thousands of retired coal miners benefits they labored their entire lives to earn, it’s endorsed by federal court. Late last month, a...

Billionaire Says The Rich Are Not Job Creators!

One of our nation's richest men, billionaire Nick Hanauer, just destroyed the GOP's economic talking points. In a testimony before the Senate Banking Committee, Hanauer explained why rich people like him are not, in fact, the real job creators. He said, “In the same way that it's a fact that the sun, not earth, is the center of the solar system, it's also a fact that the middle class, not rich business people like me, are the center of America's economy.”

How The Few Have Chosen Inequality For The Many

The last couple of months in Washington have been punctuated by burst of excitement as policymakers and pundits reacted to what to them was good news for the economy. The stock market is up. Consumer spending is up. Housing is booming again. The era of "uncertainty"...

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