by Bill Scher | Jun 24, 2010 | Blog
Congressional conservatives have mainly blocked additional stimulus spending on the (economically illiterate) grounds that it would add the deficit. But apparently when it comes to preventing teacher layoffs, conservative opposition is not about the deficit at all....
by Richard Eskow | Jun 24, 2010 | Blog
This pretty much says it all: General Petraeus is returning to Afghanistan at the President's request to lead the war effort there, but his wife Holly's struggle to defend our troops against the predatory lending practices of car dealers has been lost. Holly will...
by Eric Lotke | Jun 24, 2010 | Blog
It happened again today. The Washington Post says the Democrats lost in the US Senate because they were “unable to muster the 60 votes needed.” As a result, states won’t get help paying for Medicaid, long term unemployed won’t get relief, and hedge fund managers will...
by Zach Carter | Jun 23, 2010 | Blog, Financial Reform
Astonishingly, as Wall Street reform enters its final hours a tired, generic corporate refrain against regulation is gaining traction. As bigwig bankers and their lobbyist brethren fight to defeat tough new rules on derivatives—the crazy casino that brought down...
by Robert Borosage | Jun 23, 2010 | Blog
Americans have grown fearful. Most believe, not surprisingly, that the country is headed in the wrong direction. For the first time ever, most Americans believe their children may not fare as well as they have. We spend nearly as much as the rest of the world combined...
by Bill Scher | Jun 23, 2010 | Blog
Stateline just published a horrifying report on how the recession has depleted government coffers and forced states to execute mass layoffs and deep cuts in services. And the Wall Street Journal today reports that the recession continues to put the hurt on states: a...