by Terrance Heath | Dec 2, 2010 | Blog
Let's face it. Nothing about the economic crisis is funny. Nothing about America's 9% unemployment rate, 14.8 million unemployed, or 6.2 million long-term employed is funny. And there's nothing mildly amusing about the 2 million Americans whose unemployment benefits...
by Robert Borosage | Dec 2, 2010 | Blog
The following was originally published at Politico. "The era of deficit denial is over," crowed former Sen. Alan Simpson, the garrulous co-chair of President Barack Obama's deficit reduction commission. But the debate about what is to be done has just begun....
by Mary Bottari | Dec 2, 2010 | Blog, Financial Reform
Thanks to tremendous public pressure and the recently passed Wall Street reform bill, the U.S. Federal Reserve was forced to reveal the details of its emergency bailout of the financial sector for the first time yesterday. From a quick review of the data now available...
by Leo Gerard | Dec 2, 2010 | Blog
The GOP has adopted the Ken Lay principles – that is obfuscation, false statements and feigned innocence. Republicans are obfuscating about the real reason for their opposition to extending unemployment benefits, the way Enron CEO Ken Lay concealed the truth about...
by Robert Borosage | Dec 2, 2010 | Blog
We all despair of the chump Charlie Brown. Each fall Lucy promises to hold the football. Charlie trusts her. And --bam -- she pulls it away at the last moment each time. Well, the clownish Alan Simpson, dyspeptic co-chair of the president's deficit commission, is...
by Robert Borosage | Dec 2, 2010 | Blog
Robert Reich pleads with Democrats, and President Obama to give Americans a clear explanation about why the economy stinks. He gets it right. The newly liberated leadership of the Democrats in the House would be wise to make this their message and their agenda: Quiz:...