Category Archives: Economy

If GOP Shuts Down the Government will they Lose Congress in 2014?

Robert Reich on the Effects of the Sequester and What President Obama should do Now Economist Robert B. Reich says our biggest economic problem is not the U.S. Deficit because “the Federal Budget Deficit is down 5% of GDP.” Rather, … Continue reading

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Letter to Speaker Boehner and Congress about the Sequester & March 1, 2013

Dear Speaker Boehner and Congress: What are your goals as Speaker of the House? No matter what talking points you use or grandstanding you use to try and justify possibly letting the Sequester happen, what do you think people will … Continue reading

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Silly Politicians: Eric Cantor wants to End Overtime for Hourly Workers

I just read a blog about how Rep. Eric Cantor is going to recommend ending the ability of hourly workers to get overtime. Games Silly Politicians Play The Daily Kos reports about Mr. Cantor’s very ridiculous waste of time in … Continue reading

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Bill Moyers Program on the Bank Follies and Jamie Dimon

The Rude Awakening that Bankers are Acting Like the Mafia Bill Moyers interviewed Matt Taibbi, contributing editor of “Rolling Stone” and Yves Smith, creator of the finance and economics blog, Naked Capitalism, about what is really going on with big banks … Continue reading

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Do Economies Go Boom and Bust Because of Credit Rating Agencies?

Do Credit Rating Agencies Cause Market Volatility and Profit from It? After hearing that one of the big three credit rating agencies downgraded countries in Europe, I wondered what would happen to the stock market on Monday, 2/13/2012. Sure enough, … Continue reading

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Bill Moyers is Back and That’s Good for America

Bill Moyers & Company Premiere Program:“How America’s Gross Inequality is no accident, but was in fact “politically engineered”” Moyer’s talks with authors of the book, “Winner-Take-All Politics: How Washington Made the Rich Richer – And Turned its Back on the … Continue reading

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How to Counter The Age of Greed

In “The Age of Greed,” Jeff Madrick, former economic columnist for the New York Times and current Senior Fellow at the Roosevelt Institute and the Schwartz Center for Economic Policy Analysis at the New School, recounts the history of the people, … Continue reading

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The Real Causes and Fixes of U.S. Economic Woes

Robert Reich Outlines 7 Lies about the Economy Economist Robert Reich, a man of many talents, displays his economic and artistic abilities in this video as he illustrates 7 Key Lies trumpeted by the GOP about what they claim are … Continue reading

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Safety Net Programs vs. Entitlement jargon: What’s in a name? Everything…

Since When did we start calling Medicare and Social Security “entitlement” programs? Have wordmeisters like Frank Luntz and Karl Rove hijacked the language to undermine Medicare and Social Security? It seems that way. Let’s start using the proper terms for … Continue reading

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President of S&P, Deven Sharma, Will Step Down

Deven Sharma, current president of Standard and Poor’s, announced today that he will step down to “pursue other interests.” As of September 12, 2011, Sharma will change his role at the S&P rating agency from president to advisor to the … Continue reading

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