by Digby | Feb 21, 2013 | Blog
Get a load of this, from Lisa Graves at The Nation: Fix the Debt financier Peter G. Peterson knows a thing or two about debt: he’s an expert at creating it. Peterson founded the private equity firm Blackstone Group in 1985 with Stephen Schwarzman (who compared raising...
by Stan Collender | Feb 21, 2013 | Blog
A quick post about the new Bowles-Simpson plan that was announced yesterday because that's all it deserves: It's a total nonstarter. (If you haven't heard about it, here's Jeanne Sahadi's story from CNMoney.) Bowles and Simpson didn't have enough support to get their...
by Thom Hartmann | Feb 20, 2013 | Blog
You've heard of the birthers and the truthers, and probably even the tenthers and the nullifiers. But now it's time to meet the Simpson-Bowlers. Over the past few years, we've heard a lot of crackpot ideas. First there was Donald Trump and his jolly gang of birthers,...
by Richard Eskow | Feb 20, 2013 | Blog
Alan Simpson, along with Erskine Bowles, represents a well-funded cadre of spokespeople who are only willing to present a narrow band of corporate- and billionaire-friendly economic policies. There's just one approach in their world, one which Simpson and Bowles...
by Isaiah J. Poole | Feb 20, 2013 | Blog
The group Fix the Debt has been at it again, releasing another proposal designed to divert the nation's attention to the so-called "debt crisis," while the more pressing jobs crisis and poor-and-middle-class-squeeze crisis goes unaddressed. Watch here as opponents to...
by Richard Eskow | Feb 19, 2013 | Blog
As the prospects for a “Grand Bargain” fade, additional European-style austerity on the American economy is becoming increasingly uncertain. That has meant a greater likelihood of a reappearance by Erskine Bowles and Alan Simpson, the two Washington power players...
