by Bill Scher | Feb 11, 2011 | Blog
No, that headline is not a quote from White House political adviser David Axelrod during yesterday's blogger roundtable which I was fortunate to attend. But you tell me how else to interpret this: DAVID AXELROD: Well, we have an obligation to put a budget forward, and...
by Isaiah J. Poole | Feb 11, 2011 | Blog
Maryland Gov. Martin O’Malley and Philadelphia Mayor Michael Nutter are having some success in creating jobs for their residents in a tough economic climate. And Republicans in Congress are working to take away the tools they are using to put people to work. Both...
by Terrance Heath | Feb 11, 2011 | Blog
Whatever you may think of him, you've got to give Sen. Rand Paul (R-KY) credit. He said he would present his own budget, and now he's done it. He's even taken to the pages of The Wall Street Journal to defend it, and challenge Republicans and Democrats to: find other...
by Richard Eskow | Feb 11, 2011 | Blog, Financial Reform
Slasher-Movie Economics A vicious, savage, axe-wielding killer stalks the political landscape, yearning to draw blood, slash victims, and amputate limbs. That's not my description of austerity economics - that's how its fans talk about it. "Austerity" is defined as...
by Bill Scher | Feb 11, 2011 | Blog, Economy
Yesterday, House Republican leaders tried to tamp down a conservative revolt within the caucus, explaining that to support deeper cuts than initially proposed would mean destroying jobs. NYT reported: [House Appropriations Char Hal] Rogers and other Republicans warned...
by Richard Eskow | Feb 11, 2011 | Blog, Financial Reform
Can a crime be committed if there is no criminal to commit it? According to the Securities and Exchange Commission, the answer to that Zen koan is apparently "yes." The SEC collected a $50 million settlement from GE Capital after concluding that the corporation...