by Zach Carter | Jun 3, 2010 | Blog, Financial Reform
It's an interesting time to be a progressive in the United States. In many ways, the election of President Barack Obama represented a logical, if improbable, end to the era of phony Reaganomics and demonization politics. But the Obama presidency has been a serious...
by Dave Johnson | Jun 3, 2010 | Blog
In Does Washington care about unemployment? economist Brad DeLong asks the question, In 1983, Ronald Reagan's Washington regarded high unemployment as a national emergency. Today, with unemployment kissing 10 percent, Barack Obama's Washington scarcely seems...
by Bill Scher | Jun 2, 2010 | Blog
On Tuesday, House Speaker Nancy Pelosi will address a nationwide gathering of progressives at America's Future Now! -- one day after the conference holds "The Great Debate: Progressive Strategy in the Obama Era," where attendees will discuss whether to fully back...
by Zach Carter | Jun 2, 2010 | Blog
Buffett is already defending Moody's with statements that appear to be reasonable, but are in fact completely incoherent. Here's what he says about the top brass at bailed out banks: "When society has to step in to save institutions . . . the CEO should go away...
by Zach Carter | Jun 2, 2010 | Blog, Financial Reform
Today's Financial Crisis Inquiry Commission hearing on credit rating agencies promises to shed quite a bit of light on one of the most profitable and corrupt businesses in Corporate America. Rating agencies score huge profits regardless of how accurate their ratings...
by Dave Johnson | Jun 2, 2010 | Blog
No serious person denies that Reagan's 1981 tax cuts and military increases threw the country into a pattern of borrowing and borrowing that we have not escaped. When Reagan took office the national debt was $995 billion. When Reagan left office it was $2.87 trillion...
