This morning on my way in to work I heard a segment on NPR’s Morning Edition featuring the Wall Street Journal’s David Wessel, talking about tax fairness and the deficit. It started out fine, but then became a radically conservative editorial with Wessel arguing that there are lots of people out there who are upset [...]
Entries from July 2012
Dean Baker takes on NPR
July 30th, 2012 · Comments Off
Tags: Economy
Wrong about everything
July 27th, 2012 · Comments Off
At some point you’d think the Very Serious People who are wrong about literally everything would cease being treated as Serious. But you’d be wrong.
Tags: Economy
Sandy Weill & Banker Feelings
July 26th, 2012 · Comments Off
Yesterday Sandy Weill, former head of Citigroup and one of the people most primarily responsible for the repeal of Glass-Steagall and the rise of Too Big To Fail banks, came out in favor of breaking up big banks and separating investment banking from commercial banking. As a result, the world of finance has been knocked [...]
Tags: Economy
Doing Nothing
July 24th, 2012 · Comments Off
Via John Aravosis, Roger Simon has a good column on the coming inaction in response to the Aurora shooting by President Obama. Simon writes: Barack Obama looked haggard, spent, drained. He had just met with survivors and the families who lost loved ones in the Aurora, Colo., shootings. Now, in front of the cameras and [...]
Tags: Barack Obama · Rule of Law
Barofsky vs Treasury
July 23rd, 2012 · Comments Off
Former Special Inspector General of TARP Neil Barofsky’s media tour around his new book release is producing lots of insightful and important revelations about the ways in which choices were made, many by the Treasury Department, that helped the banks as opposed to homeowners and the general public. Barofsky did a powerful interview on CBS [...]
Tags: Economy
Wall Street WATBs
July 20th, 2012 · Comments Off
Paul Krugman: It’s no secret that, at this point, many of America’s richest men — including some former Obama supporters — hate, just hate, President Obama. Why? Well, according to them, it’s because he “demonizes” business — or as Mitt Romney put it earlier this week, he “attacks success.” Listening to them, you’d think that [...]
Tags: Economy
Climate Change Terror
July 19th, 2012 · Comments Off
First, read this article by Bill McKibben in Rolling Stone. OK, now that you’ve done that and we’re both terrified, let’s move forward. McKibben sees a real need as making the fossil fuel industry out to be a villain, a global villain. Here’s why: If you told Exxon or Lukoil that, in order to avoid [...]
Tags: Climate Crisis · Environment
Romney & Obama on outsourcing
July 19th, 2012 · Comments Off
Adam Serwer has a very good piece at Mother Jones on the dynamic of Obama and Romney largely agreeing on the question of outsourcing, but pretending otherwise in the political debate. “I think their basic view is pretty much the same,” says Dean Baker, the cofounder of the left-leaning Economic Policy Institute. Dan Ikenson, a [...]
Tags: Barack Obama · Mitt Romney
Read This
July 18th, 2012 · Comments Off
I highly recommend reading this op-ed by Students for a Free Tibet’s executive director Tenzin Dorjee on CNN.com. It’s titled, “My Take: Why the Dalai Lama cannot condemn Tibetan self-immolations,” and it’s in response to a really horrible opinion piece by Stephen Prothero blaming Tibetans for self-immolations. Go give it a read.
Tags: Tibet & China
Unions demand Change.org worker rights policy
July 17th, 2012 · Comments Off
Originally posted at AMERICAblog Yesterday Ryan Grim broke a story in HuffPost Hill that a number of labor unions, including “AFT, the AFL-CIO, AFSCME, CWA, IBEW and the Steelworkers,” had written a letter to Change.org, asking the company to have a clear policy about not working with organizations who advocated union busting. This followed a [...]
Tags: Labor · Progressive Infrastructure
