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Progressive Breakfast - 10/9/2009

There's more pessimism on the economic front that should bolster the case for more sustained action in Washington to pump-prime the economy. A panel of Wall Street Journal economists points to a prospect of sustained high unemployment for at least the next three to...

Progressive Breakfast - 10/7/2009

The jockeying continues among members of the Senate Finance Committee to get enough votes to pass a health care reform bill. The Hill reports that committee chairman Sen. Max Baucus is optimistic that an assessment of the cost of the bill by the Congressional Budget...

Calling Out The Private Equity Vultures

For a stunning look at the heart of the dysfunction of our Wall Street-centric economy, consider today's article in The New York Times on the impending Chapter 11 bankruptcy of the Simmons mattress company. Simmons, as the article explains, is not bankrupt because it...

Progressive Breakfast - 10/2/2009

Despite Sen. Max Baucus's best efforts to pronounce it dead, the public option keeps refusing to die in the Senate. Senate Majority Leader Harry Reid told constituents late yesterday that "we are going to have a public option before this bill goes to the...

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