by Zach Carter | Dec 1, 2010 | Blog
Just starting to parse through the Fed audit data. Looks like the Primary Dealer Credit Facility is predominantly a bailout for Citigroup and Bank of America. More to come . . . UPDATE: Looks like in the early days the Primary Dealer Credit Facility was almost...
by Bill Scher | Dec 1, 2010 | Blog
On Wednesday, the White House deficit commission is expected to take a final vote of the recommendations of its co-chairs Alan Simpson and Erskine Bowles. Then the battle for public opinion really begins. As the Wall Street Journal reported today, there is little...
by Richard Eskow | Dec 1, 2010 | Blog
It's come to this: At a strange and bitter press conference this afternoon (where they even accused their opponents of "racism"), the co-chairs of the Presidential Deficit Commission laid out a proposal that literally meets the dictionary definition of extremism....
by Isaiah J. Poole | Dec 1, 2010 | Blog
The co-chairs of the White House National Commission on Fiscal Responsibility and Reform released its deficit-reduction ideas earlier today, and a range of progressive leaders are united in saying its proposals, particularly on Social Security, should be rejected...
by Richard Eskow | Dec 1, 2010 | Blog
The co-chairs of the Presidential Deficit Commission released the final draft of their report today, and it's now scheduled for a Friday vote by members of the Commission. We're being told that it's a fairer and more reasonable document than its predecessor. It's...
