Livestreaming the closed door debt commission pt. 2

Last week I livestreamed the first closed door meeting of the president’s fiscal commission. I did this out of frustration that we received no response to a letter that we […]
Alex Lawson

More Regulation the Solution, Not the Problem

The governors of the Gulf Coast states, all Republicans, asked the federal government for help dealing with the BP oil spill — yeah, the government, the very organization that their […]
Leo Gerard

The Big Bank Lobby: Too Big to Bare?

240 former legislators, bank committee staffers, and Treasury officials deployed to lobby. $600 million spent in lobbying, trade association activity and political contributions since March 2008. And that is just […]
Robert Borosage

Senate Approves Bernie Sanders’ Fed Audit

The Senate approved an amendment from Sen. Bernie Sanders, I-Vt., that would subject the Federal Reserve’s bailout operations to a one-time audit. The vote was 96 – 0 in favor […]
Zach Carter

The David Brooks Spin Machine: From Roberts To Kagan

While it is doubtful that Supreme Court nominee Elena Kagan shares Chief Justice John Roberts’ conservative judicial activist approach to the Constitution, their backgrounds upon nomination are similar. Both are […]
Bill Scher

Social Security Works for Children

Although best known as a retirement program, Social Security can provide substantial income to children and their families. Children receive Social Security benefits either directly or indirectly when a working […]
Alex Lawson

Liveblogging The Paulson-Geithner Hearing

2:20 I agree in theory with just about everything that Tim Geithner said over the past two hours. The trouble is, his solutions– a systemic risk regulator, giving regulators more […]
Zach Carter

Tuesday’s Primaries: Tea Party 0, Democracy 5

Suppose they gave a tea party and nobody came? That’s pretty much what happened on Tuesday, as the first wave of Tea Party primary candidates all went down to abject […]
Sara Robinson

Liveblogging the Bear Stearns Hearing

9:00 Here we go. Bill Thomas is offering a very silly analogy between the automobile and the financial system. Both were simple 40 years ago, then both got complicated, and […]
Zach Carter

JPMorgan Still Hates The Economy

J.P. Morgan Chase, America’s largest warehouse of arrogant financial elites, has issued yet another deceptive lobbyist smear in the guise of an “analyst report.” Yesterday, the megabank’s Chief Economist James […]
Zach Carter

Long-Term Unemployed Want—And Need—Government Action

There’s a new study today that shows once again how insanely wrong conservatives are when they say that extending unemployment benefits in today’s economy only discourages people from finding work. […]
Isaiah J. Poole

The Other 98% Takes Wall Street

I am a founding member of The Other 98% and I am really proud of this growing organization. We are speedily closing in on 30,000 facebook fans since the beginning […]
Alex Lawson

Conservative & Corporate Failure in the Deepwater Disaster

The only things more astounding than conservatives’ record of failure, are their denials of "personal responsibility" for the ensuing disasters, and their attempts to blame somebody — anybody — else. […]
Terrance Heath

Audit The Fed!

Despite all of the attention heaped on the Treasury Department and the Troubled Asset Relief Program, the Federal Reserve served as the chief bank bailout engine in the U.S. economy […]
Zach Carter

We Need Jobs, Jobs, Jobs. And Jobs.

Things are good for the plutocrats. Stock market soaring, bonuses are big… Thinks are going mighty fine. So fine, in fact, that the urgency of extending unemployment, COBRA and programs […]

Blanche Lincoln Rambos Wall Street

The financial services reform bill is on the Senate floor this week. The recently announced criminal investigation of Goldman Sachs, the bumbling testimony of Goldman’s “Fabulous Fab” and the rocking […]
Mary Bottari
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