by Robert Borosage | Aug 27, 2009 | Blog, Financial Reform
The reappointment of Ben Bernanke as Chairman of the Federal Reserve -- cleverly timed to defuse the news of burgeoning federal deficits -- was preordained. The "markets" demanded it, and as James Carville noted, when the markets speak, presidents listen. (Carville,...
by Robert Borosage | Aug 26, 2009 | Blog
We have lost a giant. The Senate is a smaller place today — a special measure of joy, political passion, irrepressible energy has been lost. Edward Kennedy's words, delivered as his 1980 presidential campaign came to an end at the Democratic Convention in Madison...
by Robert Borosage | Aug 21, 2009 | Blog
When Bloomberg reported the Obama Administration was about to name Ron Bloom, now head of the auto task force, as a de facto “manufacturing czar” in the National Economic Council, the chattering heads on the right had the expected knee jerk reaction. Investor's...
by Robert Borosage | Aug 19, 2009 | Blog
The editors of the Wall Street Journal say that the public option in health care reform has been "sent to the death panel." Obama "concedes" the public option, reports the Financial Times. Even liberals seem to agree. The public option is "all but gone," writes Bob...
by Robert Borosage | Aug 5, 2009 | Blog
It is time to go all in to support comprehensive health care reform. The stakes have gotten prohibitive. Republicans have essentially bet the House on it. Obama, for all intents and purposes, has wagered the White House agenda. The insurance and drug companies are...