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Monica Sanchez's picture

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As economy worsens, a public health insurance back-up is sorely needed

By Monica Sanchez
January 7th, 2009

If they are not laying off employees, employers are cutting back on their health care benefits and shifting more costs to them. As ever-larger numbers of people lose their health and financial security, where will they turn? In these perilous times, having Medicare as a back-up is more important than ever to guarantee everyone access to good, affordable health care.

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Eric Lotke's picture

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Don’t fall for it

By Eric Lotke
January 7th, 2009

Don’t fall for it. The Republicans are attacking Barack Obama’s nomination of Eric Holder as Attorney General… It’s a strategic battle. If the conservatives win, it energizes the base for future battles. If the conservatives lose, they are driven farther into their corner. That’s why Karl Rove chose the battleground here, on fertile Clintonian soil… more »

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Robert Borosage's picture

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The Price of Consensus: Obama and Congressional Republicans

By Robert Borosage
January 7th, 2009

Obama seems to be choosing a path that builds consensus at the potential cost of effectiveness. But if the plan fails, he'll take the blame no matter how many Republicans vote for it. And Republicans will attribute the failure to government spending, no matter how much of the plan consists of tax cuts. more »

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David Sirota's picture

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The Forgotten Math: Pre-WWII New Deal Saw Biggest Drop In Unemployment Rate in American History

By David Sirota
January 6th, 2009

On Christmas Eve, I appeared on Fox News to discuss the upcoming economic recovery package, only to be told that FDR's New Deal "prolonged the Great Depression" (you can watch the clip here). more »

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Sam Pizzigati's picture

A Final Report Card on the Reagan Years?

By Sam Pizzigati
January 5th, 2009

Our current economic meltdown may finally have ended the era that began when Ronald Reagan became President. Now a new study — from the Congressional Budget Office — helps us understand the inequality that has us melting. more »

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David Sirota's picture

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Should We Devote 40% of the Stimulus to Tax Cuts?

By David Sirota
January 5th, 2009

The Wall Street Journal reports this morning that President-elect Barack Obama is planning to devote roughly 40 percent of any new economic stimulus package to tax cuts. more »

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Philip Palij's picture

Fed has abandoned monetary policy, critic says

From uk.reuters.com
January 4th, 2009
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Submitted by Philip Palij

uk.reuters.com — SAN FRANCISCO (Reuters) - The Federal Reserve has embarked on a campaign of unsupervised industrial policy to end the country's financial crisis, a move that could undermine its independence, a former top U.S. official said on Saturday. John Taylor, who was under secretary of treasury for international affairs from 2001 to 2005, said the explosive

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Terrance Heath's picture

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Greed Goeth Before a Crash?

By Terrance Heath
January 2nd, 2009

If you haven't seen it yet, check the episode schedule and make sure you don't miss the History Channel's "Crash: The Next Great Depression?". more »

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Undercover Blue's picture

Rough Weather Ahead

By Tom Sullivan
December 31st, 2008

From Rep. Heath Shuler's (D-NC) district, in a state with unemployment already above the national average:

ASHEVILLE, N.C. more »

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Philip Palij's picture

Francis A. Boyle: From Dachau to Gaza

By Francis A. Boyle
From scoop.co.nz
December 31st, 2008
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Submitted by Philip Palij

scoop.co.nz — With respect to international law both America and Israel are rogue states. Both administrations have enormous influence over each others actions. While you read remember that Israeli actions are carried out with tacit or declared US administration approval.

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