Today At The Virtual Summit: Whose Commission Is This?

Today at the Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck the Economy hosted by Campaign for America’s Future… Whose Commission Is This?: Roger Hickey flags that the White House deficit commission is working directly with chief deficit hysteria propagandist Pete Peterson to organize “grassroots” events. … the White House […]

The Simpson-Bowles Deficit Hysteria Sideshow Debuts On Fox

The following is part of the “Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck The Economy.” Before the White House deficit commission meets for the first time tomorrow, the two co-chairs Erskine Bowles and Alan Simpson gave a preview on Fox News Sunday. It wasn’t pretty. They claim to be […]

Today At The Virtual Summit: Countering The Greedy Geezer and Greece Debt Hysteria Spin

Today at the Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck the Economy hosted by Campaign for America’s Future… There Are No Greedy Geezers: Former members of the 1982 National Commission on Social Security Reform Eric Kingson, Nancy Altman and Lori Hansen strongly criticize current White House debt commission co-chair […]

Today At The Virtual Summit: Debt Commission Secrecy, Social Security Scapegoating and VAT Warnings

Today at the Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck the Economy hosted by Campaign for America’s Future… Can We See The Debt Commission?: Rep. John Conyers demands that the President’s newly formed debt commission hold every single meeting in the public. We need transparency to make sure that […]

“Deficit Reduction Blindness” Syndrome Plaguing New York Times

There’s a strange affliction impairing several New York Times reporters, Deficit Reduction Blindness. The syndrome blocks your ability to see a government reduce a budget deficit without also seeing massive pain inflicted upon its people. Reporters with DRB can easily spot deficit reduction when it involves shredding Social Security and slashing Medicare. In milder forms, […]

Is Big Oil Standing Down On The Climate Bill?

While playing hardball seems to be working to maximize the chances for decent Wall Street reform, the finesse game appears to be working in the climate debate. On the heels of President Obama’s offshore drilling plan Washington Post’s Steven Pearlstein reports today that the main oil lobby may take a neutral position on the forthcoming […]

Hey CNN. There’s This Guy, Krugman. Has Another View About The Deficit. Weird!

Unless we successfully pressure CNN to change course, tomorrow it will air Pete Peterson’s anti-Social Security, anti-Medicare anti-public investment deficit propaganda film “I.O.U.S.A” along with additional propaganda “commentary” from people who work for the Peterson Foundation. CNN did this last year, and it was a completely one-sided presentation, when in fact, there is an actual […]

Congress Has About One Week To Create More Jobs This Year

When Congress returns from its recess on Monday, it won’t have much time if it wants to create more jobs this year. Generally speaking, it takes about six months for increased public investment to make an impact on the economy. So if Congress passed major jobs legislation the day it returned — which is not […]