Archive
Renew The American Commitment To Opportunity
A current debate raging among policy makers is whether America's dysfunctional education system has created our sick economy – or whether the country's sick economy has created widespread poverty with disadvantages that our education system can't possibly overcome. In...
January Trade Deficit Drains $44.4 Billion From Economy
While Washington remains self-absorbed in budget deficit arguments over who can cut more of the things We, the People do to make our lives better. Meanwhile January's trade deficit numbers are out, showing where the real damage is being done. The U.S. international...
Paul Ryan Wants To Get Thin Without Counting His Love Handles
This is not a post about House Budget Committee Chairman Paul Ryan's (R-WI) exercise and diet program. It is, however, a post about how he's planning to produce a budget that gets to balance in 10 years without actually balancing anything.
What Ryan is proposing is the fiscal equivalent of him saying that he wants to lose 20 pounds but isn't going to counting the fat around his midsection to achieve it.
This Is How A Filibuster Should Be Done
Yesterday we saw what a filibuster should be. Senator Rand Paul did it the right way by talking and talking, and he got his point across. Interestingly, what Senator Paul did is what the public thinks a filibuster already is. Except it isn't. In recent years Senate...
Fixing Bankers' Pay to Save the Economy
This week the Swiss people voted to limit bonuses for the high-paid executives they call “fat cats.” Last month shareholders at the largest too-big-to-fail bank revamped the bonus system for their senior executives. And the European Union agreed last month to impose...
Progressive Breakfast
MORNING MESSAGE: Too Big To Fail. Too Big To Jail. OurFuture.org's Robert Borosage: "Holder’s outrageous admission means that bankers operate – and know they operate – above the law. That renders all the argument about regulations and legal limits risible ... they can...
Progressive Breakfast
MORNING MESSAGE: Too Big To Fail. Too Big To Jail. OurFuture.org's Robert Borosage: "Holder’s outrageous admission means that bankers operate – and know they operate – above the law. That renders all the argument about regulations and legal limits risible ... they can...
It's Official: Banks Too Big to Fail are Too Big to Jail
For years, the Obama Administration has been pummeled for failing to bring criminal charges against a single major Wall Street bank or a single leading Wall Street banker for what the FBI termed an “epidemic of fraud” that blew up the entire economy. Investigations...
Guess Who's Coming to Dinner? Fix the Debt
As sequester cuts start to bite a little harder, the Fix the Debt gang is pushing for a "grand bargain," deep cuts to earned benefit programs like Social Security and Medicare in exchange for some vague promises about "tax reform." They may have a powerful ally in the...
This is What Austerity Looks Like... And It's Just the beginning.
Only 4 days after the March 1st Sequester deadline, people around our nation are already starting to feel the pinch of austerity. Customs and Border Protection reduced overtime for TSA agents over the weekend, and delays at some airports were up 200%. According to the...
