Dollar Weak? Not Against Yuan!

Conservatives are blasting President Obama, saying he is causing a “weak” dollar. The Drudge Report has a headline or a story pretty much every day blasting this message out. Republican […]

Where Will the Jobs Come From?

They are popping the bubbly on Wall Street. Million-dollar bonuses, the Dow at 10,000, the casino is open again. Forget President Obama, who says we can’t go back to an […]
Robert Borosage
  • 181

Coming Clean on the Stimulus

A report issued by the White House and the Education Department on Monday showed that the federal economic stimulus package (the American Recovery and Reinvestment Act) has so far created […]
Alan Jenkins
  • 400

Bernanke Solves The Wrong Deficit

Federal Reserve chairman Ben Bernanke recognized today that America’s trade deficit played a central role in the global economic crisis. Then after he recognized the problem, he went on to […]

Whatever, Mary.

I saw this on Friday, but didn’t get around to writing something about it until today. Since then, of course, many other bloggers have covered it by now. But when […]
Terrance Heath
  • 238

Moving Away From A Service Economy … By Yourself

Many of us talk about how we need shift from being mainly a service-based economy and revitalize our manufacturing base. Few of us actually make the shift ourselves. On Saturday’s […]
Bill Scher
  • 52

A Possible Change In NAFTA Trade Policy?

This is interesting: US, Mexico, Canada to hold talks on NAFTA. From the story, US Trade Representative Ron Kirk said in a statement Thursday that he will host Mexico’s Secretary […]

Time to Take on the Banks

It’s time to take on the banks. 74% of American voters agree that “greed and risky decisions of banks and financial companies led to the financial crisis and recession, and […]

Rush: In His Own Words

This is already being done by plenty of other people, but I can’t help myself. When a guy who just a month ago said “We need segregated buses,” takes umbrage […]
Terrance Heath
  • 75

Alan Greenspan’s Latest Epiphany

Mr. Big Stuff himself, as he used to be called on CNBC during his heyday, has spoken once again. But this time, Alan Greenspan has uttered an inconvenient truth. So, […]
Isaiah J. Poole
  • 139

AHIP’s “Mask of Sanity” Slips

Maya Angelou has been credited with saying “When people show you who they really are, believe them,” which is sometimes expanded to “When people show you who they really are, […]
Terrance Heath
  • 84

Will We Curb Wall Street’s Casino?

Even as the health insurance companies draw down on health care reform, another showdown is just beginning in Washington. On Wednesday, the House Financial Services Committee will begin marking up […]
Robert Borosage
  • 247

Voters Want The Banks Reined In

House members should beware when bank lobbyists come calling: Ceding to their wishes might get you campaign cash but it will likely cost you the next election. That’s the message […]
Isaiah J. Poole
  • 87

Movement To Block Bernanke Gathers Steam

The renomination of Ben Bernanke as chairman of the Federal Reserve should not be rubber-stamped by the Senate until Bernanke and the Fed are more transparent and accountable to the […]
Isaiah J. Poole
  • 273

A Recipe For Another Financial Debacle

As the House Financial Services Committee begins markup on Wednesday of key financial reform legislation, the stakes are clear. Without strong regulation of the banks and the shadow banking system, […]
Robert Borosage
  • 372

Insurance Companies Remind Public Why We Hate Them

Just as the Senate Finance Committee is about to pass a health care bill without a public option, the insurance lobby’s last-minute hissy fit exposed the weakness of its argument […]
Bill Scher
  • 390

Mending America’s Torn Social Fabric

In closely knit communities, people care about each other and help each other, too. But healthy “social fabrics,” as the expression goes, can tear. Inequality can tear them. The wider […]

Sen. Lindsey Graham Crosses The Climate Rubicon

Last week, I struck a hopeful note after GOP Sen. Lindsey Graham expressed interest in a climate bill compromise that included a carbon cap in exchange for support for some […]
Bill Scher
  • 267

Moyers Tonight: Why Wall Street Always Wins

Don’t miss the Bill Moyers show tonight. He’s got Simon Johnson, the former IMF economist and Rep. Marcy Kaptur looking at how Wall Street dominates Washington — from the White […]
Robert Borosage
  • 127

Spatula Alert: Obama Wins Nobel Prize

Wow. Break out the spatulas, and get ready to scrape the exploded brains of right-wingers off the ceiling, walls, etc. Apparently, President Obama has won the Nobel Peace Prize. US […]
Terrance Heath
  • 270

Glenn Beck Isn’t Blocking Health Care Reform

Glenn Beck has captured national attention with his caustic poison. The aging right-wing troubadours — Rush Limbaugh and Bill O’Reilly—still rouse the wingnuts and enforce discipline among Republican legislators. They’ve […]
Robert Borosage
  • 48

Defunding The Real Criminal Enterprises

A few weeks ago I wrote about the brazen hypocrisy with which conservatives in Congress met the revelation that a handful of ACORN employees gave stupid advice to two conservative […]
Brian Dockstader
  • 147
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