If the deficit disappears, our economic nightmare might finally come to an end. — By Salvatore Babones It’s January 25, 2001, the first week of the Bush presidency and more than half a year before the September 11 attacks. Federal Reserve Chairman Alan Greenspan
BANKING When Bankers Rule the World David Korten, Op-Ed: “The tell-all defection of Greg Smith, a former Goldman Sachs executive, provided an insider’s view of the moral corruption of the Wall Street banks that control of much of America’s economy and politics. Smith
The debate over raising the debt ceiling and deficit reduction is coming down to the wire. Despite the fact that Democrats control the White House and the Senate, it is right-wing Republicans who are calling the shots and setting the agenda. Unless
It’s becoming every more evident that Republicans are willing to tank the economy for their perceived electoral benefit. And they’re willing to drive our economy into another recession rather than raise taxes on the Koch brothers. If anything we should be expanding
Again, are these guys illiterate? Can they not read or do they think we’re too stupid to read? Remember the Ryan Budget (HConRes34)? 235 of 239 Republicans in the U.S. House of Representatives voted in favor of passage of the Ryan Budget. All 40 Republican
Your Social Security benefits are under attack by politicians in Washington. They want to: Cut Social Security’s Cost-of-Living Adjustment (COLA) to reduce the deficit. But Social Security doesn’t contribute a penny to the deficit. Raid Social Security by using your contributions to
It’s been190 days since the GOP took control of the House using a “Jobs” campaign message … and we’re still waiting on a Republican jobs bill. Democratic Senators are urging that job-creation measures be included in the final debt reduction deal resulting from
In 2009 President Obama announced that he would increase the number of troops in Afghanistan, but that he would begin drawing them down in July 2011. In a speech given in December 2009, President Obama told the nation: “The 30,000 additional troops
Heads up: Congress is debating a compromise to HR1 (the draconian House Continuing Resolution Budget bill) that would be devastating to Nevada. Here’s a link to the original bill: HR1 — Full-Year Continuing Appropriations Act of 2011. You can access my analysis of the
