by Terrance Heath | Oct 21, 2009 | Blog
When I was up You would always come round But when I needed a friend Oh, you could never be found I got a hole Where my heart used to be I wouldn't treat a dog, no, no The way you treated me Cher, "I Wouldn't Treat a Dog the Way You Treated Me" Hey, Sen. Landrieu....
by Robert Borosage | Oct 21, 2009 | Blog, Economy, Minimum Wage
They are popping the bubbly on Wall Street. Million-dollar bonuses, the Dow at 10,000, the casino is open again. Forget President Obama, who says we can't go back to an economy where finance pockets 40 percent of the profits. We're already headed there. The...
by Alan Jenkins | Oct 20, 2009 | Blog
A report issued by the White House and the Education Department on Monday showed that the federal economic stimulus package (the American Recovery and Reinvestment Act) has so far created or saved 250,000 education jobs. The report is the first hard evidence of the...
by Eric Lotke | Oct 19, 2009 | Blog
Federal Reserve chairman Ben Bernanke recognized today that America’s trade deficit played a central role in the global economic crisis. Then after he recognized the problem, he went on to solve a different one. Start with the real problem, America’s trade deficit....
by Terrance Heath | Oct 19, 2009 | Blog
I saw this on Friday, but didn't get around to writing something about it until today. Since then, of course, many other bloggers have covered it by now. But when a Democrat says something like what Sen. Mary Landrieu did on health care reform, I can't help chiming in...
by Dave Johnson | Oct 19, 2009 | Blog
Here is some news for you: Fed Chief Cites Trade Imbalances’ Role in Crisis, Ben S. Bernanke, the chairman of the Federal Reserve, said on Monday that global trade imbalances played a central role in the global economic crisis and warned that both the United States...