Michael Moore’s Capitalism: A Love Story includes a speech by President George W. Bush, September 24, 2008, in which he says: The government’s top economic experts warn that, without immediate action by Congress, America could slip into a financial panic and a distressing scenario would unfold. More banks could fail, including some in your community. The stock […]
Entries from April 2011
April 29th, 2011 · Comments Off on What was prevented?
April 29th, 2011 · Comments Off on “It is in fact taking place”
Yves Smith highlights a tragic piece in the New York Times about the human cost of foreclosures: There’s a sad little story in the “NY/Region” section of the New York Times, which illustrates a not often enough discussed sort of wreckage resulting from the housing mess: that of deaths resulting from foreclosures. Think I’m exaggerating? There […]
April 28th, 2011 · 1 Comment
I really agree with David Dayen and Baratunde Thurston (see above) in their analysis of the President releasing his long form birth certificate yesterday and what it means about the state of affairs in our country. Dayen: And I do think the spectacle of an American President having to debase himself to confront conspiracy theorists […]
April 27th, 2011 · Comments Off on Elizabeth Warren on The Daily Show
The Daily Show – Exclusive – Elizabeth Warren Extended Interview Pt. 1Tags: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook The Daily Show – Exclusive – Elizabeth Warren Extended Interview Pt. 2Tags: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook The Daily Show – Exclusive – Elizabeth […]
April 26th, 2011 · Comments Off on Bankers Moving Away from Dem Giving
While it’s hardly a new story, the Wall Street Journal has a piece today showing a fairly dramatic move of campaign contributions away from Barack Obama and the Democratic Party. In 2008, Wall Street gave heavily to Obama and the Democrats. It wasn’t surprising – the Democratic Party was ascendant, Obama was an easy pick […]
April 25th, 2011 · Comments Off on Lee Camp on the Two Party System
Smart & hilarious.
April 25th, 2011 · Comments Off on Krugman on Taxes
Paul Krugman has a very good column today looking at the dishonesty in arguments put for by austerity-hawks like Paul Ryan, who push for tax cuts that will certainly increase the deficit while claiming to care about reducing the deficit. Krugman contrasts Ryan’s budget insanity (and President Obama’s better, but still misguided budget) with the […]
April 22nd, 2011 · Comments Off on Goodbye Bernstein
Jared Bernstein is leaving the Obama administration. Berstein, Biden’s chief economic adviser, was one of the few liberal economists in the Obama administration. Not shockingly, the reason he is leaving is because there isn’t interest to implement the ideas he thinks are necessary to get the economy on the right track: But the official said […]
April 21st, 2011 · Comments Off on We really need publicly financed elections
If there’s ever been a clearer demonstration of the need for the complete public financing of all federal, state and municipal elections, I don’t know what it is. Matt Taibbi: A hilarious report has come out courtesy of the National Institute of Money in State Politics, showing that Iowa Attorney General Tom Miller – who […]
April 20th, 2011 · Comments Off on What Glenn Said
Glenn Greenwald: I once believed that the greatest myth in American political discourse was “The Liberal Media.” I’ve realized I was wrong. ”The Liberal Media” is indeed an absurd, self-evident myth, but the greatest myth is that there is too little bipartisanship in Washington. There is very little but that. This is exactly right.