Obama, Pelosi Must Rescue Damaged Stimulus Package

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Senators Ben Nelson (D-NE) and Susan Collins (R-ME) have produced a Senate stimulus bill that kills jobs, eliminates affordable housing, guts education and gives billions in new tax breaks for the rich. Their hypocrisy is shameful. As New York Times columnist Paul Krugman put it, the Senate measure will “lead to substantially lower employment and [...]

Retro-Hooverites All

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e’re lucky the Democrats have large majorities in Congress because every Republican member of the House of Representatives voted against the $825 billion stimulus bill today. The vote was 244 to 188, with 11 like-minded Democrats joining in the betrayal. Even a face-to-face meeting with the President on Capitol Hill failed to sway any of [...]

How Obama Is Already Taking Charge

by Robert Reich – Obama’s immediate challenge is to fill the leadership vacuum created by a lame-duck president with historically-low approval ratings who seems to have lost interest in his job (at this writing, he’s out of the country) and who’s disappeared from the media, and a Treasury chief who has all but punted on [...]

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