Friday, September 30, 2011
Banks Successfully Lobbied For Weaker Bailout Repayment Rules So They Could Pay Bonuses
Banks Successfully Lobbied For Weaker Bailout Repayment Rules So They Could Pay Bonuses: pWhen the nation’s biggest banks were bailed out in 2008 via the $700 billion Troubled Asset Relief Program, the money came with a few (very loose) strings, including restrictions on executive compensation and some requirements for the amount of capital the banks would have to raise in order to escape from TARP. But as a [...]/p
Mayor Bloomberg Claims ‘Occupy Wall Street’ Protesters Are Targeting Bankers Who ‘Are Struggling To Make Ends Meet’
Mayor Bloomberg Claims ‘Occupy Wall Street’ Protesters Are Targeting Bankers Who ‘Are Struggling To Make Ends Meet’: pFor 13 days, hundreds of demonstrators have encamped themselves on Wall Street in New York City, hoping to call attention to the financial sector’s greed and inequities in the American economic system. This morning, while on local radio host John Gambling’s show, New York City mayor Michael Bloomberg was asked about the demonstrations on Wall [...]/p
Thursday, September 29, 2011
Ohio’s Anti-Union Law Jeopardizes Public Safety With Depleted Staff, Slower Response Times
Ohio’s Anti-Union Law Jeopardizes Public Safety With Depleted Staff, Slower Response Times: pIn March, Ohio Gov. John Kasich (R) signed an overwhelmingly unpopular anti-union bill into law that stripped the state’s employees of almost all of their collective bargaining rights. While Gov. Scott Walker’s (R) more infamous union-busting law in Wisconsin actually let police officers and firefighters off the hook, the Washington Independent notes that Kasich’s law [...]/p
Boehner’s District Suffers From E. Coli Outbreak As House Republicans Try To Gut Food Safety
Boehner’s District Suffers From E. Coli Outbreak As House Republicans Try To Gut Food Safety: pAs ThinkProgress reported yesterday, despite yet another outbreak of food-borne illness — this time stemming from listeria infected cantaloupes — congressional Republicans are still trying to cut back on the nation’s food safety regulations. The tainted melons have caused 16 deaths so far, making this the deadliest outbreak in more than a decade, and it [...]/p
Wednesday, September 28, 2011
Tainted Cantaloupes Cause Deadliest Food Outbreak In A Decade As GOP Continues Fight To Gut Food Safety Laws
Tainted Cantaloupes Cause Deadliest Food Outbreak In A Decade As GOP Continues Fight To Gut Food Safety Laws: pAn outbreak of listeria, a disease tied to tainted cantaloupe, has sickened 72 people and killed at least 16 others, making it the country’s deadliest food outbreak in more than a decade. The disease has killed people in eight states from Maryland to New Mexico after the tainted melons were shipped from a farm in [...]/p
Bankers Are Highly Trained Experts In The Lending Of Money Until Things Go Wrong And They Turn Into Victims
Bankers Are Highly Trained Experts In The Lending Of Money Until Things Go Wrong And They Turn Into Victims: pKeith Humphreys on the Euroland crisis: I have read endless coverage of the Euro Crisis, and my head is now spinning as I learn of sovereign debt swaps, inter-market currency trades and European Central Bank-mediated transaction insurance schemes. I then go back to a much simpler analysis: The system was set up financially such that [...]/p
Nothing but a bunch of crooks.
Nothing but a bunch of crooks.
Tuesday, September 27, 2011
Monday, September 26, 2011
U.S. Private Prison Population Grew 37 Percent Between 2002-2009 As Industry Lobbying Dollars Grew 165 Percent
U.S. Private Prison Population Grew 37 Percent Between 2002-2009 As Industry Lobbying Dollars Grew 165 Percent: pToday, the Michigan Messenger reports about how the private prisons behemoth Corrections Corporations of America grew over the last decade, expanding both its prisoner population and its political clout. The Messenger cites data from the U.S. Department of Justice showing that the private prison population grew from 87,369 to 129,336 from 2000 to 2009: Then, [...]/p
Sunday, September 25, 2011
Saturday, September 24, 2011
Public Health Care Programs Kept Millions From Becoming Uninsured
Public Health Care Programs Kept Millions From Becoming Uninsured: pFor all of the GOP’s efforts to demonize and underfund public health care programs, Medicaid, the Children’s Health Insurance Program (CHIP), and Medicare have played an absolutely crucial role in filling the gaps in America’s very broken health care system. They’ve kept millions of people from becoming uninsured and have helped “offset the continuing decline [...]/p
Expanded Coverage, Better Patient Protections Mark First Year Of The Patient’s Bill Of Rights
Expanded Coverage, Better Patient Protections Mark First Year Of The Patient’s Bill Of Rights: pToday marks one year since the Affordable Care Act’s Patient’s Bill of Rights went into effect. The White House unveiled the regulations in 2010 to expand coverage and better control costs for patients before the full health care reform law goes into effect in 2014. And so far, people are seeing a difference, according to [...]/p
Friday, September 23, 2011
Thursday, September 22, 2011
The Deniers’ Fantasy World: EIA Projects 40% Rise in CO2 Emissions by 2035
The Deniers’ Fantasy World: EIA Projects 40% Rise in CO2 Emissions by 2035: pThe U.S. Energy Information Administration issued its International Energy Outlook this week. For anyone concerned about the uncontrolled rise in carbon emissions — the primary heat-trapping gas fueling dangerous global warming — it paints a very grim future. Under a business-as-usual climate science deniers’ fantasy scenario, the EIA projects that global carbon dioxide emissions will [...]/p
Rick Perry Rewrites His Own History Again, Claims He Never Considered Secession
Rick Perry Rewrites His Own History Again, Claims He Never Considered Secession: pBefore he announced his presidential bid, Texas Gov. Rick Perry (R) was commendably honest about his radical view of the Constitution. Perry repeatedly and proudly called Social Security and Medicare unconstitutional — even doing so on video at least once. Now that Perry wants to be president, however, he has unleashed a blizzard of falsehoods, [...]/p
Wednesday, September 21, 2011
GOP Leaders Write Unprecedented Letter Urging The Federal Reserve To Keep Unemployment High
GOP Leaders Write Unprecedented Letter Urging The Federal Reserve To Keep Unemployment High: pIn a move without precedent in the modern era, Republican congressional leaders including House Speaker John Boehner (R-Ohio), Majority Leader Eric Cantor (R-Va.), Senate Minority Leader Mitch McConnell (R-Ky.) and Senate Minority Whip Jon Kyl (R-Ariz) have penned a letter to Federal Reserve Chairman Ben Bernanke urging him not to take any steps to help [...]/p
Tuesday, September 20, 2011
Fact-Checking The Fact-Checkers: The AP Releases Misleading Analysis Of Obama’s Tax Plan
Fact-Checking The Fact-Checkers: The AP Releases Misleading Analysis Of Obama’s Tax Plan: pAs part of his deficit reduction plan, President Obama has proposed some tax increases on the wealthiest Americans, which would come via allowing the Bush tax cuts for the two highest tax brackets to expire and implementing the “Buffett rule,” which stipulates that millionaires and billionaires shouldn’t pay a lower tax rate than middle-class Americans. [...]/p
CHART: Where Obama’s Health Savings Come From
CHART: Where Obama’s Health Savings Come From: pThe bulk of the $320 billion in health care savings in President Obama’s new deficit plan come from the pharmaceutical industry and other providers, including rural hospitals, teaching hospitals, and biotechnology firms. Beginning in 2017, some Medicare beneficiaries will also pay more for coverage: individual seniors with a Modified Adjusted Gross Income (MAGI) of more [...]/p
More Zombie Lies: GOP Candidates Bring Back False Claim That Higher Tax Rates On The Rich Destroy Jobs
More Zombie Lies: GOP Candidates Bring Back False Claim That Higher Tax Rates On The Rich Destroy Jobs: pYesterday, President Obama offered a deficit reduction plan that aims to save $3 trillion over the next 10 years. Half of those funds will be revenue raised from a return to the Clinton administration’s tax rate on those in the top two income tax brackets, as well as the new “Buffett rule” — a minimum [...]/p
Health Care Spending: It’s The High Prices
Health Care Spending: It’s The High Prices: pThe American political system is oddly resistant to this conclusion, but via Uwe Reinhardt here’s another study, this time from Miriam Laugesen and Sherry Glied, showing that America’s health care spending is so high largely because we pay such high per unit costs: Higher health care prices in the United States are a crucial reason [...]/p
Texas GOP Rep On Cuts To Family Planning: ‘Of Course This Is A War On Birth Control’
Texas GOP Rep On Cuts To Family Planning: ‘Of Course This Is A War On Birth Control’: pThe GOP’s concerted campaign against women’s health has resulted in about 1,000 anti-abortion bills in state legislatures across the country and numerous federal attempts to eradicate a woman’s right to choose. The extremity of the efforts include attempts to redefine “personhood,” put warning labels on contraception, and criminalize birth control altogether. But while they smother [...]/p
Three Years After The Financial Crash, GOP Candidates Revive Desire To Privatize Social Security
Three Years After The Financial Crash, GOP Candidates Revive Desire To Privatize Social Security: pSince jumping in the race, GOP presidential front runner Gov. Rick Perry’s (TX) radical views on Social Security have garnered the most attention. And for good reason, as Perry lands far to the right of even his most right-wing opponents in calling the entitlement program a unconstitutional “Ponzi scheme.” A fan of secession, Perry even [...]/p
Monday, September 19, 2011
Nebraska GOP Backs Mini-Electorial College Rigging Plan
Nebraska GOP Backs Mini-Electorial College Rigging Plan: pNebraska is one of just two states which allocates its Electoral College votes by congressional district — a fact that enabled President Obama to win one electoral vote in the state despite losing the state as a whole in 2008. The Nebraska Republican Party, however, just voted to twist its own lawmaker’s arms to prevent [...]/p
Corporations Advocating For Trade Deals Outsourced 18,600 Jobs Since 2001
Corporations Advocating For Trade Deals Outsourced 18,600 Jobs Since 2001: pCongress is expected to take up consideration of trade deals with Panama, Colombia, and South Korea as early as this month. Ahead of that debate, top executives of 32 major corporations ranging from General Electric to Dow Chemical signed an open letter calling on Congress to immediately pass the deals, warning that “U.S. goods, services, [...]/p
Home Weatherization Grows 1,000% Under Stimulus, Creating Jobs, Saving Low-Income Families $400 a Year
Home Weatherization Grows 1,000% Under Stimulus, Creating Jobs, Saving Low-Income Families $400 a Year: pby Jorge Madrid and Adam James With all the focus on Solyndra and the attacks on green jobs from the Right-wing noise machine, the mainstream media have completely overlooked the explosive success of the weatherization assistance program (WAP) funded almost exclusively by the American Recovery and Reinvestment Act. With a serious investment under the Recovery [...]/p
Zombie Lies: Republicans Revive False Claim That Obama Tax Hikes Would Hurt Small Businesses
Zombie Lies: Republicans Revive False Claim That Obama Tax Hikes Would Hurt Small Businesses: pDuring the 2010 debate over the expiration of the Bush tax cuts, Republicans continually claimed that allowing tax rates for the richest two percent of Americans to go back to where they were under the Clinton administration would disproportionately affect small businesses. The claim wasn’t true then — as just 3 percent of people with [...]/p
While Lobbying For Huge Tax Giveaways, Corporations Hoard Record Amounts Of Cash Instead Of Hiring
While Lobbying For Huge Tax Giveaways, Corporations Hoard Record Amounts Of Cash Instead Of Hiring: pAmerican corporations are holding more cash on their balance sheets than at any time in nearly a half century, as they continue to save instead of investing or hiring workers, according to a Federal Reserve report released Friday. At the same time, Republican presidential candidates and corporate leaders continue to lobby for lower corporate tax [...]/p
Sunday, September 18, 2011
Why There Are Protests On Wall Street: Their Actions Impoverished More Than 60 Million People
Why There Are Protests On Wall Street: Their Actions Impoverished More Than 60 Million People: pToday, over a thousand demonstrators began protests as a part of a campaign they are calling “Occupy Wall Street.” The protesters intend to engage in long-term civil disobedience to draw attention to Wall Street’s misdeeds and call for structural economic reforms. RT America covered the start of the campaign. Watch it: As demonstrators converged on [...]/p
Paul Ryan Calls For Increasing Taxes On Middle Class But Dismisses Millionaires Tax As ‘Class Warfare’
Paul Ryan Calls For Increasing Taxes On Middle Class But Dismisses Millionaires Tax As ‘Class Warfare’: pRep. Paul Ryan (R-WI) resumed his attacks on President Obama’s economic policy Sunday morning, suggesting that the President’s plan to tax millionaires’ profits from capital gains in order to fund job creation efforts constitutes “class warfare”: RYAN: It adds further instability to our system — more uncertainty — and it punishes job creation and those people who [...]/p
Saturday, September 17, 2011
Fatally Ill Woman Would Have Gone Bankrupt Without Protections Of Affordable Care Act
Fatally Ill Woman Would Have Gone Bankrupt Without Protections Of Affordable Care Act: pRoss Daniels, whose wife developed rare fungal infection that left her in rehab for days and almost killed her, speaks to the Des Moines Register about “what would have happened if portions of the new federal health care law had not been in place“: “His wife’s insurance had a million dollar lifetime cap on benefits. [...]/p
Friday, September 16, 2011
Defying GOP’s Doomsday Predictions, Medicare Advantage Enrollment Increases, Premiums Fall
Defying GOP’s Doomsday Predictions, Medicare Advantage Enrollment Increases, Premiums Fall: pAverage Medicare Advantage premiums will decrease by 4 percent in 2012 and enrollment in the program will grow by 10 percent, the Department of Health and Human Services (HHS) announced today, undermining Republican claims that reductions in government payments to private insurers will devastate the program. Plan enrollment is “the highest overall enrollment of beneficiaries [...]/p
Thursday, September 15, 2011
Leaked Documents Reveal Major Speculators Behind 2008 Oil Price Shock: Hedge Funds, Koch, Big Banks, Oil Companies
Leaked Documents Reveal Major Speculators Behind 2008 Oil Price Shock: Hedge Funds, Koch, Big Banks, Oil Companies: pLast month, Sen. Bernie Sanders (I-VT) leaked confidential data about oil speculation to a number of media outlets, including the Wall Street Journal. Ordinarily, the Commodity Futures Trading Commission, the regulatory body that oversees futures trading, does not provide identities of speculators to the public. However, the data leaked by Sanders provides a rare snapshot [...]/p
Consumer Groups Condemn GOP Bills To Eliminate Consumer Protections
Consumer Groups Condemn GOP Bills To Eliminate Consumer Protections: pForty-eight national and state consumer advocacy organizations have released a letter condemning the GOP’s recent legislation to repeal “the medical loss ratio provision of the Affordable Care Act (ACA) and prohibit, in perpetuity, the enforcement of other important consumer insurance protections.” Both measures are going to be debated during Thursday’s Energy and Commerce Health Subcommittee [...]/p
Wednesday, September 14, 2011
Privatized Social Security System Cited By GOP Candidates Works For The Rich, But Is ‘Very Bad’ For Everyone Else
Privatized Social Security System Cited By GOP Candidates Works For The Rich, But Is ‘Very Bad’ For Everyone Else: pDuring Monday night’s GOP presidential primary debate, several the candidates called for privatizing Social Security, with former corporate CEO Herman Cain pointing to a system of privatized accounts for government employees that was implemented by Galveston, Texas. “In 1981, the Galveston County employees, they opted out because that was a very short window of opportunity. [...]/p
In Protest Outside Middle School, Anti-Abortion Activists Target Daughter Of Abortion Clinic’s Landlord
In Protest Outside Middle School, Anti-Abortion Activists Target Daughter Of Abortion Clinic’s Landlord: pAnti-abortion activists who have been trying to shut down an abortion clinic in Maryland took on a new and unusual target at a protest this week: the sixth grade daughter of the man who simply owns the office park where the clinic is located. On Monday, the first day of school, protesters stood at the [...]/p
GOP Pennsylvania Gov. Tom Corbett Proposes Rigging The Electoral College For Republicans
GOP Pennsylvania Gov. Tom Corbett Proposes Rigging The Electoral College For Republicans: pPresident Obama won Pennsylvania by more than 10 percentage points in 2008, and Democrats have won the state in every single presidential election for the last two decades. In a close election, it is difficult to draw an electoral map that sends a Democrat to the White House without that Democrat winning all of Pennsylvania’s [...]/p
Tuesday, September 13, 2011
Rick Perry’s ‘Washington Kickoff’ Fundraiser Hosted By Longtime Merck Lobbyist
Rick Perry’s ‘Washington Kickoff’ Fundraiser Hosted By Longtime Merck Lobbyist: pLast night at the CNN Republican debate, Texas Gov. Rick Perry (R) was forced to defend his executive order to administer the vaccine Gardasil to young women in his state. Rep. Michele Bachmann (R-MN) in particular said the effort was an example of “crony capitalism,” and that Perry was too cosy with the drug company [...]/p
Monday, September 12, 2011
Memo To Rick Perry: Social Security Is Not Facing ‘Dire Financial Challenges’
Memo To Rick Perry: Social Security Is Not Facing ‘Dire Financial Challenges’: p2012 GOP hopeful Texas Gov. Rick Perry today penned a USA Today op-ed on Social Security, clearly trying to lay to rest some of the controversy surrounding his deriding the program as a “monstrous lie” and a “Ponzi scheme” ahead of tonight’s Republican primary debate. Tellingly, nowhere in the op-ed do those words appear, nor [...]/p
Sunday, September 11, 2011
The $1.2 Trillion Trap: What America Gave Up For 10 Years Of War Since 9/11
The $1.2 Trillion Trap: What America Gave Up For 10 Years Of War Since 9/11: pToday is September 11th, the tenth anniversary of the horrific and inhumane Al Qaeda-led terrorist attacks that killed approximately 3,000 innocents. As Americans pause and reflect on how these attacks changed our country and the world, we should reflect upon one of deceased terrorist leader Osama Bin Laden’s primary goals: bankrupting America. In an audio [...]/p
Saturday, September 10, 2011
Friday, September 9, 2011
Bush Credits ‘The Work That Was Done’ During ‘My Presidency’ For Osama Bin Laden’s Death
Bush Credits ‘The Work That Was Done’ During ‘My Presidency’ For Osama Bin Laden’s Death: pPresident Bush sat down with USA Today to discuss the 10th anniversary of the 9/11 attacks and his role in shaping U.S. policy in their aftermath. During the interview, Bush thought he’d take the opportunity to pat himself on the back for Osama bin Laden’s death: Bush said the events that led to the death [...]/p
Still lying about the job he did. What a complete failure.
Still lying about the job he did. What a complete failure.
GOP Derides Obama Jobs Plan As ‘Second Stimulus,’ Ignoring Success Of The First
GOP Derides Obama Jobs Plan As ‘Second Stimulus,’ Ignoring Success Of The First: pLast night, President Obama rolled out a $450 billion job creation package before a joint session of Congress, calling for a plan that includes a payroll tax reduction, money for infrastructure and school modernization, as well as help for homeowners and reforms of the unemployment insurance program. “This plan is the right thing to do [...]/p
Bush Credits ‘The Work That Was Done’ During ‘My Presidency’ For Osama Bin Laden’s Death
Bush Credits ‘The Work That Was Done’ During ‘My Presidency’ For Osama Bin Laden’s Death: pPresident Bush sat down with USA Today to discuss the 10th anniversary of the 9/11 attacks and his role in shaping U.S. policy in their aftermath. During the interview, Bush thought he’d take the opportunity to pat himself on the back for Osama bin Laden’s death: Bush said the events that led to the death [...]/p
Thursday, September 8, 2011
GOP Voted For $50 Billion To Rebuild Iraq Without Cuts, Now Insist On Cuts To Offset Funding To Rebuild America
GOP Voted For $50 Billion To Rebuild Iraq Without Cuts, Now Insist On Cuts To Offset Funding To Rebuild America: pThe recent unprecedented onslaught of natural disasters has left already cash-strapped states with a record $36 billion in damages. Ten different natural disasters have struck in 2011. According to FEMA, damages from Hurricane Irene alone will cost at least $1.5 billion in disaster relief — and the hurricane season isn’t over. This disastrous year is [...]/p
Despite 41 DNA Exonerations In Texas In Last 9 Years, Perry Says He Never Loses Sleep Over Executing The Innocent
Despite 41 DNA Exonerations In Texas In Last 9 Years, Perry Says He Never Loses Sleep Over Executing The Innocent: pAt last night’s GOP presidential debate in California, front runner Gov. Rick Perry (R-TX) defended his record of overseeing 235 executions in Texas, the most of any modern governor by far and nearly half of those conducted in the state since the death penalty went into effect in 1976. Perry insisted that he’s never lost [...]/p
Wednesday, September 7, 2011
Missouri GOP Wants To Raise Taxes On 100,000 Seniors And Disabled Citizens To Pay For Corporate Tax Break
Missouri GOP Wants To Raise Taxes On 100,000 Seniors And Disabled Citizens To Pay For Corporate Tax Break: pYesterday, Missouri lawmakers began a special session during which Republicans will try to pay for a business tax cut by eliminating a tax credit that benefits more than 100,000 senior citizens and disabled people. Missouri Republicans are just the latest in a long list of state legislatures that are funding more corporate tax breaks on [...]/p
Trying To Preserve Bloated Military Spending, McKeon Falsely Claims ‘Entitlements’ Are ‘The Main Drivers Of Our Deficit’
Trying To Preserve Bloated Military Spending, McKeon Falsely Claims ‘Entitlements’ Are ‘The Main Drivers Of Our Deficit’: pFor months, chairman of the House Armed Services committee Buck McKeon (R-CA) has been speaking out against any cuts to military spending, using the same baseless fearmongering Defense Secretary Leon Panetta has been employing in his recent campaign to save the military industrial complex. McKeon was at it again on Friday during an interview with [...]/p
10 Things Conservatives Don’t Want You To Know About Ronald Reagan
10 Things Conservatives Don’t Want You To Know About Ronald Reagan: pTomorrow will mark the 100th anniversary of President Reagan’s birth, and all week, conservatives have been trying to outdo each others’ remembrances of the great conservative icon. Senate Republicans spent much of Thursday singing Reagan’s praise from the Senate floor, while conservative publications have been running non-stop commemorations. Meanwhile, the Republican National Committee and former [...]/p
Since 2009, 88 Percent Of Income Growth Went To Corporate Profits, Just One Percent Went To Wages
Since 2009, 88 Percent Of Income Growth Went To Corporate Profits, Just One Percent Went To Wages: pAfter the longest recession since WWII, many Americans are still struggling while S&P 500 corporations are sitting on $800 billion in cash and making massive profits. Now, economists from Northeastern University have released a study that finds our sluggish economic recovery has almost solely benefited corporations. According to the study: “Between the second quarter of [...]/p
At Strategy Seminar, Koch Refers To Obama As ‘Saddam Hussein’ To Be Defeated In ‘Mother Of All Wars’
At Strategy Seminar, Koch Refers To Obama As ‘Saddam Hussein’ To Be Defeated In ‘Mother Of All Wars’: pToday, Bradblog’s Brad Friedman reports for Mother Jones about a secret meeting that the right-wing oil billionaire Koch brothers held at a Colorado resort in June with hundreds of wealthy donors who plotted to finance right-wing causes and elect conservative politicians. Friedman reports that audio he obtained from the conference reveals that Charles Koch alarmingly [...]/p
During Secret Retreat With Billionaires, Koch Lobbyist Admits Tea Party Group ‘Designed’ To Elect Republicans In 2010
During Secret Retreat With Billionaires, Koch Lobbyist Admits Tea Party Group ‘Designed’ To Elect Republicans In 2010: pThis morning, blogger Brad Friedman, writing in Mother Jones and BradBlog, revealed a set of audio tapes from the last major donor meeting convened by the billionaire Koch brothers. There are a number of startling revelations from the scoop — but the opening remarks from Kevin Gentry, a Koch Industries executive at the firm’s DC [...]/p
Romney’s Economic Plan Includes $6.6 Trillion Tax Cut For The Rich And Corporations
Romney’s Economic Plan Includes $6.6 Trillion Tax Cut For The Rich And Corporations: pOur guest blogger is Michael Linden, director of tax and budget policy at the Center for American Progress Action Fund. According to our new analysis, the economic plan offered yesterday by GOP presidential candidate Mitt Romney would deliver a massive $6.6 trillion tax cut that would primarily benefit the very wealthy and corporations. After accounting [...]/p
Tuesday, September 6, 2011
Romney’s Medicare Plan: It Will Be Similar, But Different From Paul Ryan’s Privatization Scheme
Romney’s Medicare Plan: It Will Be Similar, But Different From Paul Ryan’s Privatization Scheme: pMitt Romney unveiled his economic policy today and in case you’re wondering his position on Medicare reform is this: he’ll propose something that’s similar but different from Paul Ryan’s Medicare privatization scheme. ‘Medicare’ — one of the single biggest drivers of government spending — is mentioned just twice in the 88-page report: Any serious attempt [...]/p
Friday, September 2, 2011
Thursday, September 1, 2011
Why Tax When You Can Borrow At Negative Rates?
Why Tax When You Can Borrow At Negative Rates?: pTyler Cowen’s not persuaded that the existence of negative real interest rates means the government should increase its borrowing because, basically, he takes a very dim view of government spending. So . . . fine. Yet the fact of the matter is that the United States government does spend lots of money. One important question [...]/p
Florida Republicans Fight To Keep ‘Cohabitation’ Of Unmarried Couples Illegal
Florida Republicans Fight To Keep ‘Cohabitation’ Of Unmarried Couples Illegal: pThousands of unmarried couples who are living together in Florida may be surprised to learn that they are actually breaking the law. Under outdated and rarely enforced state laws that have been on the books since the late 1800′s, “cohabitation” is actually a second-degree misdemeanor, punishable by $500 or up to 60 days in jail. [...]/p
More Big Government Conservatism. They want to deregulate when it comes to corporations, but when its the average person's private life, that's a different story.
More Big Government Conservatism. They want to deregulate when it comes to corporations, but when its the average person's private life, that's a different story.
House GOP Proposes Ending Environmental Regulation That Saves Up To 36,000 Lives Each Year
House GOP Proposes Ending Environmental Regulation That Saves Up To 36,000 Lives Each Year: pMedia Matters’ Political Correction blog has a smart take on the recently-released GOP plan to repeal a slew of regulations they claim are holding back job creation. This week House Majority Leader Eric Cantor (R-VA) sent a memo to House Republicans about their “Upcoming Jobs Agenda,” which is nothing more than a list of regulations [...]/p
Huntsman Proposes New Taxes On Seniors And Veterans To Pay For Tax Cut For The Richest 0.1 Percent
Huntsman Proposes New Taxes On Seniors And Veterans To Pay For Tax Cut For The Richest 0.1 Percent: pOur guest blogger is Seth Hanlon, director of Fiscal Reform for the Doing What Works project at the Center for American Progress Action Fund. 2012 GOP presidential hopeful Jon Huntsman is releasing an economic plan today that is as bad for the middle-class — and as nutty — as any proposed by his rivals. It [...]/p
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