by Bill Scher | Jun 17, 2010 | Blog
Before Rep. Joe Barton literally apologized to BP CEO Tony Hayward for the "tragedy" of the "$20 billion shakedown" -- otherwise known to the sane as an escrow fund to pay claims to victims of the Gulf gusher -- he stressed he was not speaking for the Republican...
by Dave Johnson | Jun 17, 2010 | Blog
Treasury Secretary Geithner delayed a required April 15 declaration that China is manipulating its currency, saying it will instead be taken up by the G20. China has now warned other G20 countries that the G20 meeting in Toronto next week is not the appropriate place...
by Zach Carter | Jun 17, 2010 | Blog, Financial Reform
As the House and Senate publicly iron out their differences on Wall Street reform during conference committee, the most important aspect of the overhaul is gaining strength behind the scenes. Sen. Blanche Lincoln, D-Ark., is standing firm on her tough derivatives...
by Dave Johnson | Jun 17, 2010 | Blog
Before you read on, yes this is for real. Yes, Democrats are joining with Republicans to fight help for the long-term unemployed. Yes, members of Congress are blaming the unemployed, calling them names, and proposing that the unemployed be publicly humiliated. And...
by Isaiah J. Poole | Jun 16, 2010 | Blog, Economy
Oh, the irony. As Defense Secretary Robert Gates was on Capitol Hill today telling a Senate appropriations subcommittee that Congress has to approve a $33 billion supplemental war funding request by July 4 or else "we begin to have to do stupid things," the Senate did...
by Richard Eskow | Jun 16, 2010 | Blog
It was a fight to the finish between two heavyweight contenders. In this corner, representing the big Wall Street interests and wearing green trunks the color of money, Representative Barney Frank of Massachusetts. And in this corner, representing common sense and the...
