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Dimon Testifies - and the People Have a Few Questions

Wednesday is the day that JPMorgan Chase CEO Jamie Dimon testifies before the Senate Banking Committee. He was called before the Committee (I believe the term is "invited") after it was disclosed that his bank lost billions of dollars in reckless and unregulated trades - trades which, as Dimon himself acknowledged, may have included criminal activity.

The Hard Cash Costs Of The Mental Recession

We give a hat tip to Paul Krugman for recalling the infamous 2008 statement by Phil Gramm, then-presidential candidate John McCain's top economic advisor, that what Krugman is now calling

You Can't Have Healthy Businesses Without Strong Government

As much as conservatives want to pretend otherwise, you can't have strong, healthy, prospering businesses without a big, strong government. The kinds of businesses that don't want a big, strong government are exactly the kinds of businesses that We, the People don't want.

Government Provides The Soil For Businesses To Thrive

Tax Cuts Are Theft

Conservatives like to say that taxes are theft. In fact it is tax cuts that are theft because they break a long-standing contract. Why else would We, the People have set up this system, if not for the benefit of We, the People?

The Sununu Spin

I've always loathed this jerk, but he is always one of those guys who is wiling to come right out and defend the indefensible, so you have to give him a sort of credit:

Transcript via Think Progress:

Progressive Breakfast

Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security.

MORNING MESSAGE: The Fiscal Cliff Is a Hoax

Progressive Breakfast

Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security.

MORNING MESSAGE: The Fiscal Cliff Is a Hoax

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