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TARP is Welfare; Control It

A decade or so ago, some states gave welfare recipients food stamp debit cards. Welfare mothers could use them to buy groceries with plastic, just like virtually everybody else in the check out line. Plastic made accounting easier for clerks because the debit cards...

"We're Falling Without a Parachute"

Three economists have laid out in stark terms what the stakes are for the economy in the economic recovery debate now going on in the Senate—and brought home just how dangerous conservative obstructionist rhetoric really is. "This cannot be allowed to fail," Alan...

Obama Reminds Conservatives: Your Tax Cuts Lost

Something tells me President Barack Obama has had it with the free ride that fact-challenged conservative obstructionists have been getting lately. In remarks earlier today, the President reminded the conservative minority that the the election was a public rejection...

Bank On It No More

What will the Obama administration do with the banks that are now on life support? Pump in more taxpayers' money to keep the zombies alive? Radical surgery? Pull the plug? The decision - with new announcements rumored for next week — is critical to any recovery plan....

Five Big Ideas We Should Be Talking About

"Make no little plans. They have no magic to stir men's blood and probably will not themselves be realized." -- Daniel Burnham, American architect Most progressives understand by now that the battle over the stimulus is, at heart, a philosophical debate over whether...

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