Larry Summer is still criticizing the American Recovery Plan. Summers: In his latest attack on the recent rush of stimulus, Summers told David Westin on Bloomberg Television’s “Wall Street Week” that “what was kindling, is now igniting” given the recovery from Covid will stoke demand pressure at the same time as fiscal policy has been […]
I posted a YouTube of Warnock’s speech along with snippets of it.There are other valuable portions of it worth putting into print if I could type that fast. Alas, this four fingered typist is not so fast or adroit. The memory works for a few sentences. It is a good speech! Using the Big Lie […]
Barkley Rosser, Econospeak, The Woman Behind The New Deal, March 16, 2021 I was long aware that Frances Perkins (1880-1965) was the first woman to serve as a cabinet secretary, namely Secretary of Labor for Franklin D. Roosevelt, in which position she was one of the two people to serve in their position all the […]
A Bit of History Senator’s being gentlemen as thought by Aaron Burr led to the removal of the Previous Question Motion. The House and Senate rulebooks in 1789 were nearly identical with each having a rule book including what is known as the “Previous Question” motion. The House kept their motion and the Senate eliminated […]
“Letters from an American” Professor Heather Cox Richardson’s column today I find interesting and hopefully AB readers do also. Professor Cox Richardson’s first topic of the day discusses the Justice system and how it is being influenced by political moneyed interests. Her second topic touches on McConnell warning Democrats not to change the filibuster. McConnell’s […]
Commenter and writer RJS (Marketwatch666) reports on February Producer Prices. Producer Prices rose 0.5% in February on Higher Wholesale Food & Energy Prices The seasonally adjusted Producer Price Index (PPI) for final demand rose 0.5% in February, as prices for finished wholesale goods were on average 1.4% higher, while margins of final services providers increased by 0.1%…that […]
Chairman Powell, Secretary Yellen, and President Biden have recently spoken about the long term consequences for many of economic downturns. More should, more often. The Media should recognize how important this is; ask the question whenever it needs to be asked. The Congress should put this front and center in any and all discussions about […]
https://angrybearblog.com/2020/04/tip-of-the-iceberg#more-56219 The US spent $Billions to help Columbia stem the flow of cocaine. Why not spent a few $Billions to alleviate the poverty and social unrest produced by Climate change in El Salvador? Why not spend a few $Trillion to slow, then reverse Climate Change? — The Biden Administration is faced with a problem of […]
I was told this by someone years ago. We tried to do this and were not to successful in the fifties. March Madness comment below. Sen. Whitehouse: Dark Money Behind GOP Judges Is Now Behind Voter Suppression | Crooks and Liars, Aliza Worthington, March 13, 2021 “Sen. Whitehouse chairs a subcommittee of the Senate Judiciary […]
GOP goes on the attack against Biden relief bill, The Hill, Jordain Carney, March 13, 2020 Not that this is a surprise as Repubs will punish the nation as a whole to get back at Dems. “Republicans are going on the attack against the newly signed $1.9 trillion coronavirus bill as they scramble to find […]