Posted on 11 August 2011. Tags: Catfood Commission II, Class Warfare, Debt, Deficits, Hysteria, Scams, Shared Sacrifice
There are days when I would just rather be a sports reporter. Today is one of those days. Sports news repeats itself–but every day there is a new twist. Scores may be the same–but how a baseball game ended up 3-2 will always have a different make-up. Not politics, though–or at least the […]
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Posted in General Interest
Posted on 08 August 2011. Tags: Austerity, Bill Clinton, Corporate Welfare, Debt, Deficits, Deregulation, Greed, Nonsense, Robert Rubin, Single-, Standard & Poor's
I am perplexed by the storm of criticism leveled at Standard & Poor’s. Don’t get me wrong–that S&P, or any of the ratings agencies, is even taken seriously is a monumental farce, given their role in the financial crisis. But, we’re missing the point: It is a mistake to solely blame the […]
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Posted in General Interest
Posted on 04 August 2011. Tags: Consumer Spending, Corporate Welfare, Debt, Deficit, Economic Growth, Job Party, Jobs, Unemployment
To return to my theme of "numbers are a bitch"…here is one to chew on: $1.3 trillion. It’s a gap–a BIG gap…and in that number is part of the story of the crisis we’re in. At this point, after checking in with my colleague and friend Dean Baker, the Gross Domestic Product is […]
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Posted on 03 August 2011. Tags: Barack Obama, Baseline Scenario, Bush Tax Cuts, Citizens for Tax Justice, Congressional Budget Office, Debt, Deficits, Taxes
Sometimes numbers are a bitch. Because they expose ugly truths that we either choose to ignore or don’t understand. We better get this one straight in the next few months or the bi-partisan cuts just shoved down the throats of the American people will pale in comparison to what will come post 2012. […]
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Posted on 29 July 2011. Tags: 2012 Elections, Chamber of Commerce, Class Warfare, Corporate Welfare, Debt, Deficit, Dodd-Frank, Goldman Sachs, Jobs, Wall Street
I find myself laughing at this–part in disgust and part in admiration for a group of people who have no shame and just do not care what happens to regular people in the country. On the one hand, we have a monumental jobs catastrophe underway. And, on the other hand, you have the people […]
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Posted on 28 July 2011. Tags: Debt, Deficits, Framing, Greed, Nonsense, Tom Friedman
My friends say, correctly, that I should not waste my time reading Tom Friedman. Yes, true. But, I dipped into his moronic column yesterday mainly because it’s in the same non-reality based theme that is a plague everywhere–we need "shared sacrifice" to make the cuts "needed". Spare me. Dumb stuff: Yes, we have […]
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Posted on 28 July 2011. Tags: Barack Obama, Class Warfare, Corporate Welfare, Debt, Defense, Deficit, Republicans, Taxes, The New York Times, War
Here is part of our predicament. The Tea Party-Republican wing of the political space is filled with lunatics–they want to turn the country back to the 1920s. Too many Democrats have forgotten what it once meant to be a "Democrat". But, the plague of disinformation and stupidity that will cost people their lives is […]
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Posted in General Interest
Posted on 26 July 2011. Tags: 2012 Elections, Barack Obama, Class Warfare, Corporate Welfare, Debt, Deficit, Republicans, Taxes, War
Just to return some reality to the discussion–and reassert facts made a number of times by a variety of people…though I argue that there is no debt or deficit "crisis", if you want to figure out where the money is, it’s all about war, corporate welfare and the Bush tax cuts. This needs to […]
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Posted in General Interest
Posted on 26 July 2011. Tags: Barack Obama, Bill Clinton, Debt, Deficit, Democrats, Deregulation, Education, Media, Movements, Myths, Wall Street, Workers
Last week, I posted a piece, suggesting that the current crisis was really about us and the lack of a movement, not about Obama. A number of people reacted, in emails to me, particularly about the Three Grand Myths–and, over the weekend, I heard yet more nonsense on the Three Grand Myths theme. So, I […]
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Posted on 22 July 2011. Tags: "Free Market", "Free Trade", 2012 Elections, Barack Obama, Bill Clinton, Civil Disobedience, Class Warfare, Cocktail Parties, Debt, Deficit, Deficit Commission, Democrats, Financial Crisis, fox news, Liberals, Movements, Progressives, Robert Reich, Supreme Court, Unions, Wages, Wall Street
The anger against the president that has been rocketing around many circles of liberal/progressive politics is misplaced. The crisis we face isn’t about what the president is doing, or failing to do. We are under siege, fighting the greatest class warfare in perhaps 100 years. And we can expect very […]
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Posted in General Interest