A lot of talk yesterday about the foreclosure scandal sweeping the nation. With calls mounting for Congress to intervene, we are starting to see bigger names in Washington coming out to protect the poor bankers. Here’s Eric Cantor coming to their defense yesterday: What we’re talking about, Debbie, you have 10 percent, if that, of […]
In a time where the big discussion is rather or not we should extend tax cuts to the top 2% of earners in the country, this is what’s happening: The poverty rate rose to 14.3 percent during 2009 from 13.2 percent the previous year as household income stayed flat and the number of people without […]
For a party that claims to be increasing the size of their tent, the party elders seem hell bent on keeping it the size of a teepee. Case in point, Newt Gingrich: Citing a recent Forbes article by Dinesh D’Souza, former House speaker Newt Gingrich tells National Review Online that President Obama may follow a […]
One can only hope so: Amid mounting signs that Rahm Emanuel will leave the White House to run for mayor in Chicago, Democratic insiders say President Barack Obama is likely to choose a new chief of staff who’s already in his orbit but has experience with previous administrations. The goal: to keep a comfort level […]
Like many others, I have spent the last few days really contemplating what will happen in the elections this November. As much as I want to be optimistic, I just can’t bring myself to it. Democrats are looking at a very dark mid-term and, as Peter Daou puts it, these are “dark days for the […]
I didn’t see this one coming: The world’s most high-profile climate change sceptic is to declare that global warming is “undoubtedly one of the chief concerns facing the world today” and “a challenge humanity must confront”, in an apparent U-turn that will give a huge boost to the embattled environmental lobby. Bjørn Lomborg, the self-styled […]
Caroline Baum from Bloomberg has some very interesting advice for Democrats this fall: Congressional Democrats like to blame former President George W. Bush for just about everything: the lousy economy, high unemployment, trillion-dollar deficits, two wars – and probably the bedbug epidemic in New York City. With the 2010 midterm elections 10 weeks away, Democrats […]
If the Republicans win back the House then they plan on letting us relive the bad part of the 90’s: If President Barack Obama needed any more incentive to go all out for Democrats this fall, here it is: Republicans are planning a wave of committee investigations targeting the White House and Democratic allies if […]
Peter Orszag will become the first member of President Obama’s cabinet to leave: White House budget director Peter Orszag plans to leave government in July, becoming the first member of President Barack Obama’s Cabinet to depart, administration officials said Monday. Orszag is likely to join a think tank, colleagues said. Presidential advisers say a possible successor as director […]
This will be the dominating news story for the next week: The top U.S. commander in Afghanistan has been summoned to Washington to explain his controversial comments about colleagues in a recent interview, an Obama administration official said Tuesday. The official says Gen. Stanley McChrystal, who has since issued an apology for his comments, has […]