Another Bailout Joins the Goofball Economy Another Bailout Joins the Goofball Economy
The economy is a shambles, saved from a free fall only by the Federal Reserve’s unprecedented promise of free money for banks for at least two years.
Aug 10, 2011 / Robert Scheer
Downgrading Democracy Downgrading Democracy
Standard & Poor’s is trying to set the parameters of political debate in America. That should offend everyone—no matter what their party, no matter what their ideol...
Aug 6, 2011 / John Nichols
Defending the Economy Defending the Economy
The only way to provide for a growing populace in need of a larger infrastructure is by raising the debt ceiling.
Aug 5, 2011 / KPFK-LA Management
Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse? Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse?
Obama surrendered to Republicans to get a job-killing, growth-stifling debt-ceiling deal. It was a horrible mistake. Now, with markets tanking, will the president make that mistake...
Aug 4, 2011 / John Nichols
The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb
This “Super” Committee is actually a ticking time bomb strapped to two sacred cows: military spending and social spending.
Aug 4, 2011 / Press Room
The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb
This "Super" Committee is actually a ticking time bomb strapped to two sacred cows: military spending and social spending.
Aug 4, 2011 / MSNBC
Senate Approves Debt Deal, as Palin Declares Tea Party ‘Victory’ Senate Approves Debt Deal, as Palin Declares Tea Party ‘Victory’
A Democratic Senate endorses a plan that Bernie Sanders warns risks “devastating cuts to Social Security, Medicare, Medicaid...”
Aug 2, 2011 / John Nichols
Obama Releases Video Crediting Supporters for Debt Deal Obama Releases Video Crediting Supporters for Debt Deal
President Obama heralds his supporters for pressuring Congress for a debt deal that most of his supporters dislike.
Aug 1, 2011 / Ari Melber
House Backs Debt Deal, but 95 ‘Conscience’ Democrats Vote ‘No’ House Backs Debt Deal, but 95 ‘Conscience’ Democrats Vote ‘No’
As a Democratic president bows to the GOP’s far right, House Minority Leader Nancy Pelosi tells colleagues to vote their consciences. Half of House Democratic Caucus opposes ...
Aug 1, 2011 / John Nichols
GOP’s Debt-Ceiling Games Have Raised the Prospect of a ‘Crunching Global Recession’ GOP’s Debt-Ceiling Games Have Raised the Prospect of a ‘Crunching Global Recession’
The IMF warns that an international crisis looms, as Pelosi condemns Boehner for going “to the dark side.”
Jul 31, 2011 / John Nichols