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Why Janet Yellen Should Be Confirmed As Fed Chair

Why Janet Yellen Should Be Confirmed As Fed Chair

President Obama today formally made a right and bold decision to appoint Janet Yellen as chair of the Federal Reserve. The nomination is groundbreaking in that it puts a woman in charge of monetary policy for the first time in the Fed's history. But, more...

6 Absurd Right-Wing Lies About Food Stamps

In the middle of the worst economy and job situation in decades Republicans in the House voted to cut $40 billion from food stamps. This will kick 3.8 million people out of the program by 2014, 3 million more each year after. Republicans in Congress have blocked every...

Progressive Breakfast

Republican Endgame Nowhere In Sight Obama and Boehner talk past each other, reports National Journal: "Obama said that if Congress were to pass a temporary bill to open government, he’d be willing to negotiate ... But Obama asserted that congressional Republicans...

Coalition For Real Education Reform Emerges

Education "reform" wasn't supposed to turn out like this. In an ironic coda to the No Child Left Behind era last week, Texas officially turned its back on George W. Bush's policy triumph by opting out of his signature mandate for schools to achieve "adequate yearly...

GOP Shakedown

Republicans tried and tried, more than 40 times, in fact. Unlike the Little Engine That Could, the GOP couldn’t. They just couldn’t repeal the Affordable Care Act. Last week they switched tracks to exploit a different tactic – extortion. It’s an old style mafia...

Progressive Breakfast

Republicans Taking a Beating Republicans taking biggest hit in ABC/W. Post poll: "Seventy percent in a new ABC News/Washington Post poll disapprove of how the Republicans in Congress are handling the budget negotiations, up 7 percentage points from a week ago ......

Ford Assembly Line -- 100 Years

This is the 100th anniversary of Ford's moving assembly line. The Highland Park, Michigan facility opened October 7, 1913 and one week later a Model T rolled off the line. The Model T had been in production for five years, but the cost-savings that came from the...

The Sabotage of Democracy

Republicans have now lost three successive elections to control the Senate and they’ve lost the last two presidential elections. Nonetheless, they fought tooth and nail to kill President Obama’s health care initiative. They lost that fight, but with the corporate wing...

Testing GOP Resolve

This should be interesting. Greg Sargent: Senate Dems will move their own clean debt limit bill, rather than wait for the House GOP to hold its own vote on either a clean CR funding the government (which Senate Dems have already passed with broad bipartisan support)...

Progressive Breakfast

GOP Paying Price For Shutdown "Shutdown Hurting Republicans in Battleground Districts" reports National Journal: "The new PPP polls were conducted on Wednesday, Thursday, and Friday of last week, with sample sizes of between 600-700 registered voters in each of the 24...

After the Shutdown, Maybe a Little Equality?

Executives at private companies with federal contracts are getting rich off our tax dollars — at the expense of their low-wage workers. But we can turn the tables. Here's how. The debate over America’s federal budget is getting stale — and getting us nowhere, as the...

It’s MFG Day!

Today is MFG Day! From the website: MFG DAY addresses common misperceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is — and what it isn’t. By working together during and...

Progressive Breakfast

Shutdown: Day Four Restless House Republicans look to Speaker Boehner for direction. The Hill: "House Republicans are gathering Friday to debate what their ask will be in the merging fights over the government shutdown and the debt ceiling. ... They also admit they...
BLS Says Job Numbers… Are Not Available

BLS Says Job Numbers… Are Not Available

On the first Friday of every month, the Bureau of Labor Statistics publishes the unemployment numbers -- but not this month.  US economy is weak and in danger of foundering.  The government shutdown is harming the still-fragile recovery. And now we are flying blind --...

Progressive Breakfast

Republicans Have No Endgame House Republicans continue gimmick bills. AP: "On Thursday, Republicans planned to continue pursuing their latest strategy: muscling bills through the House that would restart some popular programs. Votes were on tap for restoring funds for...

A New Website Had A Glitch! Shut Down the Government!

Republicans are pointing to "glitches" in the new Obamacare websites as justification for shutting down the government. (PS looks like those "glitches" may have had some help.) I'm writing this at a coffee shop. I parked on the street and went to the device that you...

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