by Robert Borosage | Dec 28, 2010 | Blog, Making it in America
Beware of conservatives bearing gifts. Today in the Washington Post, former Bush policy advisor, Michael Gerson echoes a growing chorus of conservatiuve pundits offering up "Social Security reform" as "the answer to Obama's problems." The advice is illogical on its...
by Robert Borosage | Dec 23, 2010 | Blog
I’ve just read the “preport” issued by the Republican gang of four minority on the Financial Crisis Inquiry Commission (FCIC). The preport was a publicity stunt designed to embarrass the Commission, and discredit its report before it is issued. The effort became...
by Robert Borosage | Dec 22, 2010 | Blog, Minimum Wage
Speaker Nancy Pelosi will relinquish the gavel to the perpetually tanned, lachrymose Republican leader John Boehner when the new Congress convenes next January. It will be four years after that January 4, 2007 day when she "broke the marble ceiling" and became the...
by Robert Borosage | Dec 17, 2010 | Blog, Economy
From naked capitalism.com: "Given its degree of inequality, if New York City were a nation, it would rank 15th worst among 134 countries with respect to income concentration, in between Chile and Honduras. Wall Street, with its stratospheric profits and bonuses, sits...
by Robert Borosage | Dec 16, 2010 | Blog, Economy, Making it in America
The president kicked up his "corporate charm offensive," meeting for hours with 20 CEOs yesterday. Characteristically, he started with an apology for not "finding the right balance" in addressing business. "We want to be boosters," he said, because "when you do well,...