The Incredible Shrinking Economic Recovery Act

By: Blue Texan Wednesday February 11, 2009 10:27 am

Assuming the bill is still about 40% tax cuts, you can see that our priorities as a country are still insane. I don’t remember anyone calling this year’s over $500B spending on defense “generational theft.”

Progressive Power Through Passive Aggression?

By: Jane Hamsher Wednesday February 11, 2009 9:30 am

Chris Bowers notices a pretty obvious pattern — the best way to get Obama’s attention is to make his life difficult. Joe Lieberman and Rick Warren. Meetings with House Republicans and Blue Dogs who wouldn’t vote for the stimulus, while the Progressive Caucus — who supported it unanimously — get put off for a month. Profuse praise for Susan Collins, Arlen Specter and Olympia Snowe who held his stimulus bill hostage in the Senate. Your best chance of getting a job in the Obama administration? Having worked for Hillary Clinton.

Ed Rendell Speaks: 2.2 Trillion Infrastructure Deficit

By: Ian Welsh Wednesday February 11, 2009 9:00 am

Rendell spoke and he noted that the House bill is much better than the Senate bill, but that the Senate bill is better than nothing and that means keeping the support of the 3 Republican Senators. He’s particularly concerned with Specter, because Specter is back up for reelection in 2010 and very vulnerable to a primary challenge.

GRITtv Live: Jobs with Justice

By: GRITtv with Laura Flanders Wednesday February 11, 2009 8:59 am

As the nation struggles to save and create jobs, what can workers and policy makers do to make sure workers aren’t robbed? Kim Bobo, the author of Wage Theft in America, Terri Gerstein of the NY State Department of Labor and others discuss the enforcement of workers’ rights and the battle over the Hilda Solis nomination.

Senate Stimulus: Steal from the Poor to Give to the Affluent

By: emptywheel Wednesday February 11, 2009 8:32 am

ProPublica has done a comparison of the House and Senate stimulus packages which shows in stark fashion the degree to which the Senate bill steals from the poor to give to the affluent. The Senate bill gives more in tax cuts to the upper middle class–in the form of the AMT patch and the house flipping subsidy–than they give in all the programs targeted to the poor.

None Dare Call It “Bonus”

By: Christy Hardin Smith Wednesday February 11, 2009 8:09 am

Anyone want to hazard a guess on whether Morgan Stanley CEO John Mack will get asked about this at today’s banker hearing? Via Sam Stein: “The soon-to-be-merged financial giants — Morgan Stanley and Citigroup’s Smith Barney — announced the payments during an internal conference call last week, but warned advisers against describing them in terms that would cause PR headaches. “There will be a retention award. Please do not call it a bonus,” said James Gorman, co-president of Morgan Stanley. “It is not a bonus. It is an award….”

Thinking Big Forward Convention: New Deal Thinking

By: Ian Welsh Wednesday February 11, 2009 7:51 am

I’m down in DC attending the “Thinking Big Forward” Conference on the economy. The second speaker was Alan Brinkley, who summed up the history of the New Deal, it’s successes and failures. Perhaps of most interest was his list of the first things Roosevelt did:

Pelosi Group Rips Blue Dog Jim Cooper

By: Jane Hamsher Wednesday February 11, 2009 7:00 am

Eighteen House members.  Seventeen Republicans — and Blue Dog Jim Cooper.  Who said that the White House “encouraged” him to vote against the stimulus bill and oppose Pelosi. 

American’s United is Pelosi’s group.  Woodhouse is her guy. 

Oh it’s on.

Margins Of Terror: Just How Unsafe Is Our Food Supply?

By: Christy Hardin Smith Wednesday February 11, 2009 6:00 am

The House Committee on Energy and Commerce’s Subcommittee on Oversight and Investigations has a doozy of a hearing scheduled for today beginning at 10 am ET on the “Salmonella Outbreak: The Continued Failure to Protect the Food Supply.”  

From the committee release yesterday, the following witnesses “have been invited”

Early Morning Swim

By: Blue Texan Wednesday February 11, 2009 4:50 am

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