Lucky Duckies May Get Their Wings Clipped By Top Hat GOP Congress

Simon Johnson on the vindictive absurdity of Republican plans to slash unemployment benefits: The jobs crisis was caused by recklessness in the financial sector, made possible by irresponsible deregulation (including a period when Republicans controlled Congress and the White House) and resulting in...

Most schizophrenic administration ever?

Yesterday’s news: Arrayed around a long mahogany table in the White House state dining room last week, the CEOs of the most powerful financial institutions in the world offered several explanations for paying high salaries to their employees — and, by extension, to themselves. […] But President...

Is Obama playing chess with bankers, too?

And who’s winning? Let’s get straight to the point: instead of using TARP/bailout money to make loans and get the economy humming again, Banks are reportedly hoarding money to beef up their balance sheets, using TARP funds to pay out dividends and bonuses, or buying up smaller, sicker...

Just a bit of complaining…

Let me preface this rant with yes, I know we need a bailout.  But… President Obama has promised to make government more open, a task which shouldn’t be too difficult in the computer age where information can be digitized, indexed, and searched with querying assistants like Google.  So for the...

Post-Post-Partisanship

Well, there you have it: President Obama has bent over to kiss GOP Congressional asses on the bailout bill and in return, GOP leadership made calls for their rank and file to vote against the bailout before they even met with Obama. Only one party is being reasonable here.  If I were the President,...

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