AlterNet / By Elizabeth Warren Elizabeth Warren: My Mission Is to Restore America’s Great Middle ClassAt Netroots Nation, Elizabeth Warren spoke about how the new Consumer Financial Protection Bureau could help protect the U.S. economy. August 1, 2010 | Editor’s note: The following is a speech delivered by Elizabeth Warren at Netroots Nation 2010. Check […]
by Beverly Mannoriginally posted at The Annarborist Elena Kagan vs. Pat Lykos Dahlia Lithwick, in Slate writes: At the Citizens United [v. Federal Election Commission] argument last fall, Roberts openly criticized Kagan for abandoning one rationale for restricting corporate campaign spending and then pummeled her again in his concurring opinion in the case, dismissing the […]
by reader Ilsm Misinterpreting History to Sell Eternal MobilizationWashington Post, July 30, 2010, Pg. 19A Defense Budget Lesson We Never Learn, Max BootMax Boot, Jeanne J. Kirkpatrick seat at Council on Foreign Relations, describes a litany of tragedies rooted in alleged demobilizations including post American Revolution and the War Between the States. Each example is […]
by Mike KimelThis piece has been cross-posted at The Presimetrics Blog. The Non-Relationship Between Interest Rates and the Money Supply Figure 1 The graph shows that all but one recession since 1948 was preceded by a big drop in the real money supply per person over the length of a year. The exception – July […]
Robert Waldmann This will be a long post as it is not easy to explain how Italian politics got this way to foreigners. First I will discuss recent developments. Later I will discuss the characters in the commedia and history. Until this week, Silvio Berlusconi was, on paper, a very powerful Prime minister with a […]
by Bruce Webb As I browsed through the news today it kind of struck me, not like a lightning bolt but more as an accumulation of blows, that capital was going for the final victory over labor. It was not just the realization that the corporatists and their enablers in both parties were willing to […]
This column is excellent. I can’t decide what to quote, so I suggest you just go read the whole thing.
Robert Waldmann David Stockman (yes Reagan’s OMB director David Stockman) denounces the Republican Party for its irresponsible love of tax cuts for the rich. This is wonderful. With such a large target, he manages many hits. He also manages to demonstrate that he is still intellectually dishonest, as is shown after the jump. Stockman argues […]
We have seen the argument from some commission participants (Peterson for one) that Social Security is too expensive for those who need it and pay for it because it is an ‘entitlement’. We also have read from some Congress members (Senators Kyl and McConnel) that tax cut extensions of the Bush presidency are not deficit […]