Tax Cuts Disguised as Reform
No matter what Republicans say, always remember the ultimate goal is more tax cuts for their supporters: Don’t let Congress fast-track another tax cut, Andrew Fieldhouse: House Speaker John Boehner’s (R-Ohio) high-profile speech at last week’s 2012 Fiscal Summit garnered...
"The Irresponsibility of Speaker John Boehner"
Stan Collender is very unhappy with John Boehner: The Irresponsibility of Speaker John Boehner, by Stan Collender: ...Speaker John Boehner’s (R-Ohio) choreographed events last week in which he repeatedly said he would prevent the debt ceiling increase that will be...
The Morning Leverage: Motel 6 Gets Another PE Visitor
A roundup of the morning's private equity-related news.
Why Have Politicians Neglected the Unemployed?
Republicans didn't always oppose the use of monetary and fiscal policy to stabilize the economy, but they do now. Why the change?:
Why Have Politicians Neglected the Unemployed?
Paul Krugman: Dimon’s Déjà Vu Debacle
Opponents of regulation end up making a strong case for it: Dimon’s Déjà Vu Debacle, by Paul Krugman, Commentary, NY Times: Sometimes it’s hard to explain why we need strong financial regulation — especially in an era saturated with pro-business,...
Tom Ferguson: Senate Banking Chair Calls Jamie Dimon to Testify -– But JP Morgan Chase is His Biggest Contributor!
By Tom Ferguson, Professor of Political Science at the University of Massachusetts, Boston and a Senior Fellow at the Roosevelt Institute. Cross posted from Alternet
It’s good that the watchdog is barking, but we’d all better watch closely to see if it will bite.
Paul Krugman: Apocalypse Fairly Soon
Can the euro be saved?: Apocalypse Fairly Soon, by Paul Krugman, Commentary, NY Times: Suddenly, it has become easy to see how the euro — that grand, flawed experiment in monetary union without political union — could come apart at...
So Much for Schneiderman Being Tough on Wall Street
As regular readers no doubt recall, Eric Schneiderman abandoned the dissident state attorney general effort to get a better mortgage settlement, assuring the Administration a win on this sellout to the banks. The bright shiny prize Schneiderman got in return for his betrayal was serving as one of five co-chairmen on a Federal mortgage task...
UNCTAD as the Battleground for Role of the State, Trade Policy
We've featured past Real News Network segments on the United Nations Conference on Trade and Development. UNCTAD has increasingly become a forum for struggles between advanced economies and developing economies over what the rules of the road should be in trade. UNCTAD was early to call the benefits of financialization into question, and has also...
If Information Is Power, What Is Lack Of Information?
I’m going to take the charitable (though probably mistaken) view and say that Representative Daniel Webster was not deliberately trying to turn out the lights on Americans’ access to critical data when he proposed an amendment to defund the Census Bureau’s American Community Survey (ACS). I tried (unsuccessfully) last year (here, here) to salvage the...
