by Dave Johnson | Sep 4, 2013 | Shutdown
Congress returns next week and no doubt will provide fresh reasons for us to cry, "What fresh Hell is this?" They will take up Syria first, but then Republicans will try their damnedest to hold the continued operation of the government hostage over defunding...
by Mary Bottari | Sep 3, 2013 | Federal Reserve Chair, Financial Reform
The Washington Post's Ezra Klein reports that Larry Summers is the "overwhelming favorite" of the Obama team for the job as Federal Reserve chairman. To convince the American public that one of the chief architects of the 2008 financial crisis should be the chief...
by Joshua Holland | Sep 3, 2013 | Conservatism, Health, Shutdown
This summer’s heated battles over the implementation of “Obamacare” are a microcosm of a much larger and longstanding ideological clash over the role of the government in society. The hard-right is taking a scorched-earth approach, obstructing the law’s implementation...
by Greg Kaufmann | Aug 30, 2013 | Conservatism, Economy, Minimum Wage
There is much to celebrate in marking the fiftieth anniversary of the March on Washington for Jobs and Freedom, as Congressman John Lewis rightly noted on Wednesday. “Sometime I hear people saying nothing has changed,” said Representative Lewis, “but for someone to...
by Richard Eskow | Aug 29, 2013 | Federal Reserve Chair, Financial Reform
It takes a special kind of magic to bring together groups as diverse as progressive Democrats, Californians, conservative Republicans, feminists, a number of prominent economists, and a large chunk of the global investment community. Lawrence Summers has that kind of...
by Terrance Heath | Aug 29, 2013 | Economy, Minimum Wage, The Unfinished March
Update: This morning, I wrote that fast food workers were expected to walk off their jobs in 35 cities today. They've done way more than that. Fast food workers in 60 cities walked off the job today, in the biggest strike ever to hit the $200 billion dollar fast food...
