by Zach Carter | Sep 16, 2010 | Blog
Reports are conflicting, details are uncertain, the White House isn't talking on-the-record, and after a confusing evening, it's still unclear exactly what is going on with Elizabeth Warren's next job. In one sense, it looks like President Barack Obama is pulling out...
by Zach Carter | Sep 16, 2010 | Blog, Financial Reform
ABC News is reporting that President Barack Obama will appoint Elizabeth Warren to a "special advisory" position to set up the Consumer Financial Protection Bureau. We don't know the details, but so far, this seems very suspicious. As I wrote yesterday, Obama has...
by Bill Scher | Sep 16, 2010 | Blog
Don't let 30,000 Delaware teabaggers fool you. America has not shifted to the right. The latest New York Times/CBS poll shows that whatever frustrations votes have with the President and Congress, it has not prompted a shift towards anti-government conservatism. The...
by Bill Scher | Sep 15, 2010 | Blog
The Republican leaders in both houses of Congress are getting clearer what their alternative economic strategy is: Giant tax cuts for multimillionaires minus slashed public services for the middle-class minus letting our infrastructure rot equals even bigger budget...
by Zach Carter | Sep 15, 2010 | Blog
It's been two days, and the new Basel III bank regulations are still lousy. Martin Wolf slams the international banking accord here and Yves Smith agrees here, although Felix Salmon notes some improvements over the current banking regime here and Tim Fernholz offers a...
by Dave Johnson | Sep 15, 2010 | Blog
Update - please see RJ Eskow's post, As The Aging Stoop To Their Labors, Prosperous Pundits Lecture Them About Sacrifice Washington is talking about cutting Social Security for working people at the very same time it is talking about extending tax breaks for the...