by Richard Eskow | Feb 11, 2010 | Blog, Financial Reform
Let's have a frank talk about an uncomfortable subject: Progressives need to raise campaign money in order to get elected and stay in office. Sometimes that money has to come from places that progressives aren't comfortable talking about. This gritty reality has too...
by Bill Scher | Feb 11, 2010 | Blog, Economy
Sens. Max Baucus and Chuck Grassley announced a bipartisan agreement for a "jobs" bill, tracking the earlier draft versions which Sen. Jon Kyl accurately described as not really a jobs bill but an exercise in "extending a bunch of tax policy and related items that we...
by Richard Eskow | Feb 11, 2010 | Blog
Never underestimate Sarah Palin. She did a better job articulating anti-banker sentiment at last week's Tea Party Convention than Obama's done. Its followers don't realize it, but the Tea Party movement is really a Trojan Horse filled with bankers and lobbyists. It's...
by Dave Johnson | Feb 11, 2010 | Blog
The unemployed have a lot to fear, including losing COBRA itself. Congress is considering passing an extension of COBRA subsidies for the unemployed. But a bigger problem is not just the subsidies running out, but COBRA itself running out. COBRA allows people to...
by Robert Borosage | Feb 10, 2010 | Blog
China has surpassed Germany as the world's largest exporter. It is the largest holder of American Treasury bonds, nearly $800 billion. America runs its largest trade deficit by far with China. The low-price flood of goods—the Wal-Mart trade—is pervasive. Now the U.S....
by Dave Johnson | Feb 10, 2010 | Blog
In the Bloomberg story today, Obama Doesn’t ‘Begrudge’ Bonuses for Blankfein, Dimon, President Obama, spoke up about the huge Wall Street bonuses handed out this year, “I know both those guys; they are very savvy businessmen,” Obama said in the interview yesterday in...