The EFCA has a clear economic rationale: capital can organize in a corporation, and labor needs to organize as well. Larry Mishel and the EPI have gathered the signatures of a stellar group of economists to urge that we take this step now, as part of the process of rebuilding the country.

It’s hard to believe that bankers are writing our mortgage relief legislation, but it appears that they are: A key lawmaker is weighing a major concession to the financial services industry on legislation that would allow judges to rework mortgages in the bankruptcy process. Sen. Richard Durbin, D-Ill., the lead sponsor of the legislation, said he may limit the bill to existing subprime loans.

Last night when I arrived at MSNBC David Shuster told me that Jim Cooper’s office had called. They had read that I would be on the show and wanted Cooper to be able to come on and debate me. (I guess he’s unhappy about things like this, this and this.) We were scheduled to discuss the State of the Union so they said there wasn’t time, but it appears Cooper found another outlet for his aggro.

Bobby Jindal is reported to be an intelligent, highly educated man, articulate, charismatic and a rising star among his partisan peers. But none of that will do him the slightest good as long as he remains philosophically trapped in a zombie political party that is hell bent on avoiding nationalization.

The Decider, reduced to pathetically spinning his legacy of Epic Fail to college freshman.

Earlier this month, we flagged Mark Gitenstein’s rumored contention for the Office of Legal Plans at DOJ as problematic.  At the time, what I was hearing in Beltway grapevine was that Gitenstein was said to be a shoe-in for the job because of close ties to Vice President Biden, a long record of great civil rights work, and his time on the Obama campaign. All that was swell, but it was his close ties to anti-individuals legal lobbying that was so troubling.

Bobby might wanna make other plans for 2012.

Letting the market decide what is and what is not sound policy is like disciplining your kids based on how well they like it.

The US has successfully tried many alleged high level terrorists and Al-Qaeda operatives before and after 9/11. Yet there are many who claim that closing Guantanamo and trying terrorists in the United States is somehow a threat to national security.

Bobby Jindal’s presidential aspirations blew up tonight like a cheap condom on the end of a fire hose.