by Robert Borosage | Dec 16, 2009 | Blog
Time Magazine's naming Ben Bernanke "Man of the Year" is a little bit like celebrating an arsonist for his heroics in putting out a fire that he set. Bernanke has done creative and bold work in staving off a fianancial free fall. But he would also be on any list of...
by Robert Borosage | Dec 16, 2009 | Blog
Enjoy the health care debate? Wait until the Senate takes on the big banks. It already looks like déjà vu all over again. Democrats, bloodied from self-inflicted wounds in the health care debate, may well commit seppuku over financial reform. The script is...
by Robert Borosage | Dec 9, 2009 | Blog, Economy
President Obama is sensibly focused on jobs, unveiling a new initiative Tuesday in the wake of last week's White House jobs summit. Elements included everything from new infrastructure spending to "cash for caulkers," tax breaks for weatherizing homes, as...
by Robert Borosage | Dec 2, 2009 | Blog
Senator Bernie Sanders has announced he will put a hold on the Bernanke nomination. Sanders wants the Finance Committee to hold serious hearings probing Bernanke's actions leading up to the financial collapse, and the emergency measures he took, committing literally...