Monthly Archives: November 2012
Fiscal Cliff Talks: Behind Obama’s Opening Bid
I don’t think that the republicans understand that the dynamic has greatly changed, the people have spoken. We voted for tax increases on the wealthy, we voted for more financial regulation, we voted to protect social security and Medicare. I myself have signed many petitions urging my representative and senators to vote for these issues […]
The New Deal
Chris excellent summary of what things might actually look like in the back rooms of D.C. I agree with you in that President Obama this time around will feel much more comfortable quietly explaining that the debt ceiling will not be used as a hostage tactic once again. By now I am hoping that the […]
Hostess Executive Bonuses: Twinkie-Maker To Seek Approval For $1.8 Million In Bonuses During Liquidation
I don’t understand something, according to the republican and conservative mentality it is wrong for the government to use our tax dollars to help those who are less fortunate because it rewards bad behavior and a victim mentality, yet when executives from any industry be it finance, the food industry or health care industry; it […]
Mitt Romney, Obama To Meet For Lunch At White House
I can only imagine this meeting through the lens of the Jimmy Fallon show with his spoof on the behind the scenes phone conversations between Romney and President Obama. His last one with Mitt’s concession over the phone with President Obama was hilarious and the one after the first debate was painfully funny for me […]
Will Tim Geithner Lead Us Over or Around the Fiscal Cliff?
I watched Martha R. (she moderated the V.P debate) interview Nancy Pelosi and I was impressed by Pelosi’s honesty, she said that if the fiscal cliff happened it wouldn’t be the end of the world, there would be a drop in GDP and a deal beforehand would avert that and that is what the President […]
Congress Needs to Do the Time Warp
Chris, you said it so well when you applied the term dogma to the republicans approach to raising taxes and to think that they owe fealty to Grover Norquist over the American people is I would say borderline treasonous. It does make for a fun article on time warping, thanks for the song in my […]
The Fiscal Myth
Isn’t it ironic that the very reasons as to why we have deficits that are plaguing the republicans into an anxiety attack are the ones that they don’t want to address. The two rounds of Bush tax cuts that were generous gifts to the upper classes are a significant driver of our medium term deficits […]
Going Bold on a Treasury Secretary: A Visionary, Financially-Savvy, Former Labor Secretary, aka Robert Reich
Paul, I agree with you, Robert Reich is the working American’s best shot for economic policy. I have been following his writings and I have read his latest book. His prescriptions for the economy are in line with progressive values and he is a champion of a living wage which, since the late seventies has […]
What Kind of Walmart Do We Want for Our Country?
What I find both sad and frustrating, is that twenty-five years ago when I was a political science major at N.Y.U, my professors in two of my political economic courses were adamant of the long term economic destructive impact that Walmart was going to have on communities throughout the U.S. They were arguing that the […]
Fiscal Cliff Talks: Harry Reid Doesn’t Understand John Boehner’s Brain
I’m with Reid, I don’t understand Boehner’s brain either.I really hope that the capital gains tax rate goes up to a healthier level of 30% and that the income tax rate regains its 39%. The ultra wealthy do not actually have their income generated from the normal income that you or I have, theirs is […]