by Dave Johnson | Apr 27, 2010 | Blog
According to Asia News, In its World Economic Outlook, the International Monetary Fund says only a new Chinese monetary policy can guarantee a global economic recovery. This is a characterization (dated April 22) of the IMF's semi-annual World Economic Outlook, which...
by Robert Borosage | Apr 27, 2010 | Blog, Economy
The following was originally published by Politico This spring, much of Washington is afflicted with deficit allergies. The Senate had to break a filibuster just to pass a one-month extension of unemployment insurance without “paying for it.” House Blue...
by Zach Carter | Apr 27, 2010 | Blog, Financial Reform
Last night, Senate Republicans proved beyond any doubt that when it comes to the economy, they stand with Wall Street and against everybody else. Joined by lone Democrat Sen. Ben Nelson (D-NE), Republicans successfully filibustered the procedural technicality of...
by Richard Eskow | Apr 26, 2010 | Blog
This may be the single biggest lie in modern American history: "Most Republicans want a bill," said Sen. Richard Shelby, "but they want a substantive bill." We've criticized the Democrats plenty of times on the issue of financial reform, and the Dodd bill isn't...
by Bill Scher | Apr 26, 2010 | Blog
Today at the Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck the Economy hosted by Campaign for America's Future... Whose Commission Is This?: Roger Hickey flags that the White House deficit commission is working directly with chief...
by Bill Scher | Apr 26, 2010 | Blog
The following is part of the “Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck The Economy." Before the White House deficit commission meets for the first time tomorrow, the two co-chairs Erskine Bowles and Alan Simpson gave a preview...