In this installment of the White House White Board, Brian Deese, Deputy Director of the National Economic Council, explains how President Obama’s plan would make it much easier for millions of American homeowners to refinance their mortgage and save hundreds of dollars
— by Alan Grayson Yesterday, the 10-year Treasury note hit its lowest interest rate in history. For the third day in a row. How did the main stream media miss that? I didn’t hear that reported. Did you? Treasury notes started trading in
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
Congressman Paul Ryan has finally endorsed Mitt Romney as his preferred candidate for president. Yeah, like we didn’t expect that coming. Thus, it should be no surprise that both Romney and Ryan support the same key budget tenets — massive cuts to
Jim Hightower | Buying Our Future Jim Hightower, Op-Ed: “Already, four of the top GOP presidential contenders have dropped out. Michele Bachmann went first, because she was too wacky, followed by Jon Huntsman, because he was too sane. Herman Cain gave up
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
I realize that it’s April 1st — April Fools Day — but today, the House Majority Leader, Rep. Eric Cantor, introduced HR 1255: To prevent a shutdown of the government of the United States, and for other purposes. Be it enacted by
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
As we continue to watch what few decent government programs we had left being strategically dwindled away while the elite continue to enjoy their life of luxury at our expense, Americans are starting to wake up to the reality of our dire situation.
On Monday, the President unveiled his fiscal year 2012 budget. It outlines spending proposals totalling $3.73 trillion and claims 1.1 trillion in spending cuts over the next 10 years. The proposal contains a five-year freeze on domestic discretionary spending, which the White
