Posted on 05 November 2011. Tags: Capitulation, Debt, Deficit, Democrats, Financial Transactions Tax, Medicaid, medicare, Nonsense, Peter DeFazio, Super Committee, Tax Rates
Yesterday, I wrote about the monumentally crazy letter co-signed by 60 House DEMOCRATS, who, by adding their names to the letter, in my view, were embracing austerity, cuts in Medicare and a de-funding of basic government services. One of the signers of the letter, Rep. Peter DeFazio (D-OR), responded to my post. So, in […]
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Posted in General Interest
Posted on 24 December 2009. Tags: CEPR, Deficits, Financial Transactions Tax, Greed, Jobs, Peter DeFazio, Tobin Tax, Wall Street
One of the biggest challenges that we face as a country is not that we lack money or wealth–we have plenty of money. Rather, we have a distorted set of priorities and an ideological frame that walls off many possibilities to create a decent society. For example: the belief in the so-called "free market" that […]
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Posted in General Interest
Posted on 25 September 2008. Tags: Bailout, Financial Crisis, Peter DeFazio, Transactions Tax, Wall Street
The turmoil continues today, with investors continuing to flee to short-term Treasury bills (which promise virtually no profit so you can see how the panic continues) and continuing division on the Paulson bailout for bankers (Nancy Pelosi says bravely, "We are not taking ownership of this," meaning Republicans will have to vote for the […]
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Posted in General Interest