by Derek Pugh | Dec 13, 2012 | Blog
Washington is agog with fiscal cliff hysteria. With everyone focused on how to reduce deficits, isn’t it time for a little common sense? Most Americans think their tax dollars are wasted in Washington. So why not start with a focus on reducing waste? That would mean...
by Digby | Dec 13, 2012 | Blog
One of the more positive consequences of this ridiculous fiscal cliff fight seems to be a growing awareness that the beltway is out of touch with the concerns of ordinary Americans. For those who've read Chris Hayes' brilliant book Twilight of the Elites, this is...
by Dave Johnson | Dec 13, 2012 | Blog
Our trade deficit with China just hit a new record: $42.2 billion in October, up from $40.3 billion in September. The goods deficit with China rose to $29.5 billion in October, up from $29.1 billion in September. This is the largest single monthly goods deficit with...
by Richard Eskow | Dec 13, 2012 | Blog, Too Big To Jail
Last night Hurricane Sandy's victims got a lot of much-needed help, and everybody got a great concert. I mean, come on, people: McCartney sounds as great singing Helter-Skelter today as he did in 1968 - and he's seventy years old. (That's not an argument for raising...
by Bill Scher | Dec 13, 2012 | Blog
In today's Wall Street Journal, Republican Sen. John Barrasso has an irate oped intended to rally the public against Democratic proposals to end filibuster abuse. But in his tirade he neglects to mention one important fact: the Democratic proposals still allow...
by Richard Eskow | Dec 12, 2012 | Blog, Chained CPI
The “chained CPI” is an attempt to camouflage deep cuts to Social Security and other benefits, along with tax hikes on middle class wages (but not for high incomes), in a forest of numbers and terminology. Know who's expert at camouflage? Veterans. And a whole lot of...