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Why CNBC Is Bad For The Economy

Jon Stewart deserves a medal for finally getting the public talking about the ugly, dangerous truth about the leading outlet for business and economic news coverage, CNBC: It often inflames, but rarely informs. In fact, CNBC has turned inflaming into a business...

Will Everyone Grab a Bucket? This Thing is Sinking

Last year we worried about homes below water; now it is the economy itself that is sinking. Warren Buffett says the U.S. economy has "fallen off a cliff." And, as bad as the U.S. is, the rest of the world is worse. Germany's exports have collapsed; Japan is in free...

Progressive Breakfast - 3/10/2009

EFCA Introduced Today Bloomberg reports Sen. Tom Harkin and Rep. George Miller will introduce the Employee Free Choice Act today and that Dem Sens. Bayh, Bingaman, Landrieu, Lincoln, Nelson (Neb.) and Pryor remain uncommitted. Media Matters: "USA Today, Politico...

Is Taxing the Super Rich a Waste of Time?

America's most financially fortunate, the cagier critics of President Obama are claiming, can sidestep any hike in the tax rate on high incomes. But history tells a different story. Last fall, in the Presidential campaign, candidate Barack Obama promised to raise...

Like He Said

Oh, boy. It's gonna be a fun eight years if president Obama keeps giving interview answers like these. First, he exasperates and confounds conservatives by doing pretty much what he said he would do when he was just candidate Obama. (Somehow, that, plus his margin of...

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