Nick Hanauer, a very successful venture capitalist, has a must read OpEd in Bloomberg News. In it he explains the very fundamentals of economics: I can’t buy enough of anything to make up for the fact that millions of unemployed and underemployed Americans can’t buy any new clothes or enjoy any meals out. Or to […]
Now that Blanche Lincoln has been able to hold onto her job, we are to expect little jabs from the right on how “the progressives lost big tonight”. That, despite being untrue, is to be expected, but this is not: A senior White House official just called me with a very pointed message for the […]
This story pisses me off: Late last night, House leadership decided it would postpone the release of its completed draft of health care reform legislation, after Blue Dog Democrats—and a variety of other concerned members–raised a number of objections to aspects of the proposal. The Blue Dogs are the biggest problem facing a decent healthcare […]
The bill has passed to tax the bonuses at a rate of 90%. The final break down is: YEAS NAYS DEMOCRATIC 243 6 REPUBLICAN 85 87 TOTALS 328 93 With the exception of 6 blue dog Democrats, support on the left side of the aisle was rather unanimous, but the Republicans split 50/50. Interesting […]