by Robert Borosage | Jul 16, 2008 | Blog
This weekend, Treasury Secretary Henry Paulson, former head of the Goldman Sachs investment house, provided us with a perfect demonstration of Wall Street socialism. He announced that the Bush administration would seek congressional approval to bail out Fannie Mae and...
by Terrance Heath | Jul 16, 2008 | Blog
In a post-9/11 America that no longer "does" irony — or nuance, for that matter — it's not surprising that one of the significant ironies of the George W. Bush era went largely unnoticed. Six years after declaring the dawn of an "ownership society," intended to create...
by Bill Scher | Jul 16, 2008 | Blog
Interesting word we've been hearing on the campaign trail: government. Last week while campaigning in the "red" state of Georgia, Sen. Barack Obama took a swipe at McCain for not believing in government oversight of the financial industry. From USA Today: "Like the...
by Bill Scher | Jul 15, 2008 | Blog
Consistent with the country's shift of the political center towards the left, veto-proof bipartisan majorities sent President Bush a bill that took a stand against the privatization of Medicare, reducing subsidies to private health insurance companies that offer...
by Isaiah J. Poole | Jul 15, 2008 | Blog
We asked you to send messages of progressive patriotism to Fox News Channel, and you did—194 pages worth, from war veterans, educators, grandmothers and grandchildren—all making the point that Fox News cannot continue its attacks on patriotic Americans. And, as...
by Bill Scher | Jul 14, 2008 | Blog
President Bush just announced a lifting of the executive branch ban on most coastal drilling. It does not actually open up the coasts to drilling, because Congress would need to follow suit. The political intent is simply to put pressure on Congress to cave on...