Thread: Show Me the Money: Editorials & News on ...

THE SOURCE OF THE DEFICIT MESS.... Republican lawmakers and far-right activists have suddenly discovered, after eight years of dramatic fiscal irresponsibility, that they care deeply about deficit reduction again. Worse, they're absolutely convinced that President Obama and those free-spending Democrats are responsible, putting a terrible burden on future generations. The Center on Budget and Policy Priorities released a report today ,...

December 24, 2009 Chilly Climate for Oil Refiners By JAD MOUAWAD Only a few years ago, a cry went up that the United States needed more oil refineries. The perceived shortage was so acute that George W. Bush , president at the time, even offered disused military bases as sites for building them. Not only did that never come to pass, but the reverse is now happening. The business of oil refining is mired in a deep crisis, with five refineries...

The Big Zero By PAUL KRUGMAN Maybe we knew, at some unconscious, instinctive level, that it would be an era best forgotten. Whatever the reason, we got through the first decade of the new millennium without ever agreeing on what to call it. The aughts? The naughties? Whatever. (Yes, I know that strictly speaking the millennium didn't begin until 2001. Do we really care?) But from an economic point of view, I'd suggest that we call...

Biden to unveil broadband expansion projects to boost jobs Vice President Biden goes to Georgia Thursday to announce $182 million in stimulus grants for increasing broadband access to homes and businesses in 17 states. A total of $2.5 billion of stimulus money has been set aside for broadband projects. By Patrik Jonsson Staff writer posted December 17, 2009 at 9:38 am EST Atlanta - In the late 1920s, the Republicans crowed about how their...

Bacon-flavored capitalism The swine flu scare was just the latest example of why an economic theory that mixes subsidization, consolidation and deregulation endangers us all. By David Sirota May. 09, 2009 | Even if you don't dig on swine, it has become impossible to avoid them. If you're not pummeled by television reports about Wall Street oinkers, you're bombarded by talk-radio rants about congressional pork and newspaper...

As in the previous example pointed out by Reader , Marty strikes again in a Washington Post op-ed yesterday, where Feldstein argued, "Obama has said that he would favor a British-style 'single payer' system in which the government owns the hospitals and the doctors are salaried but that he recognizes that such a shift would be too disruptive to the health-care industry." That is plainly false. As Jon Chait explained...

I am worried that the economy is going to need more "work".

Here's the Matt Taibbi RS article on Goldman-Sachs, found at Something Awful By MATT TAIBBI The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money . In fact, the history of the recent financial crisis, which doubles as a history...