by Bill Scher | Nov 16, 2010 | Blog
Conservative austerity activists have long sought to whip up deficit hysteria and manipulate Washington into gutting Social Security and Medicare and stifling public investments. But Rep. Jan Schakowsky, a progressive member of the White House deficit commission, has...
by Isaiah J. Poole | Nov 16, 2010 | Blog
A piece of conventional wisdom was debunked today by a new report on the 2010 midterm elections released by the Joint Center for Political Studies. One bottom-line conclusion of this report: It was not the failure of black voters to show up at the polls that caused...
by Leo Gerard | Nov 16, 2010 | Blog, Reagan Revolution
The deficit commission report issued last week is another Saturday night special pressed to the temple of the American middle class. “Turn over your money and your benefits or your country will die,” the report screams at workers. “You want your country to go...
by Bill Scher | Nov 16, 2010 | Blog
Yesterday I observed that Republican congresspeople literally are not offering any substantive ideas to create jobs. Now, leading Republicans are coalescing around an substantive idea ... for the Federal Reserve to stop trying to create jobs. It is currently the law...
by Zach Carter | Nov 16, 2010 | Blog
Despite escalating outrage over rampant foreclosure fraud, the Federal Reserve now appears ready to eviscerate a key mortgage regulation in an effort to spare banks the losses from their own wrongdoing. Even as bank executives preposterously claim to have wronged...
by Richard Eskow | Nov 16, 2010 | Blog, Financial Reform
Only 6% of Americans think Congress should concentrate on reducing the deficit or changing the tax code, according to the latest CBS News poll. Nearly ten times as many people, 56%, want it to focus on creating jobs and fixing the economy. Guess which set of policies...
