by Richard Eskow | Feb 18, 2010 | Blog
It's been a fascinating anthropological exercise to watch the health excise tax concept (the so-called "Cadillac tax") keep its popularity among Democratic and liberals, even as one study after another discredits the assumptions behind it. It's the Democratic...
by Terrance Heath | Feb 18, 2010 | Blog
President Barack Obama doesn't begrudge Wall Street's banksters their bonuses. The president, speaking in an interview, said in response to a question that while $17 million is "an extraordinary amount of money" for Main Street, "there are some baseball...
by Dave Johnson | Feb 18, 2010 | Blog
I believe that global warming is the most serious threat humanity faces. So we need to use every possible technology we can to replace energy sources that put greenhouse gases into the air. This includes nuclear energy. One big problem with nuclear is figuring out...
by Roger Hickey | Feb 18, 2010 | Blog
This morning President Obama signed an executive order creating a National Commission on Fiscal Responsibility and Reform. This commission is based on an idea promoted by two Senators, Kent Conrad (D-N.D.) and Judd Gregg (R-N.H.). Senate Finance Committee Chairman Max...
by Robert Borosage | Feb 18, 2010 | Blog
Now is the winter of Democratic discontent. And the knives are out. Liberalism, the Wall Street Journal tells us, has cracked up once more. http://online.wsj.com/article/SB10001424052748704804204575069520491303964.html?mod=WSJ_hp_mostpop_read Obama, sobered by trying...
by Robert Borosage | Feb 18, 2010 | Blog
Yes, there is a class war, Warren Buffett once said, and my class is winning. The IRS study of taxes paid in 2007 makes his point. The top 1% of taxpayers averaged about $138 million in income, and paid taxes at a rate of 16.6%. As Buffett says, their secretaries pay...
