Fight Over Fracking in New York State Among Top Issues for 2012

By: David Dayen Friday December 30, 2011 6:00 am

I’m saving my “What to Look for in 2012″ listicle for tomorrow, but one of the issues that may not make the list, but which is terribly important, is the battle in the states over hydraulic fracturing, or fracking. 2011 was the year when this issue finally bubbled up to the surface (pardon the pun) and into the consciousness of the public. The critically acclaimed Gasland came out in 2010, but anti-facking forces benefited this year from some scientific revelations. Independent studies for the first time identified fracking as a cause of methane contamination and water pollution, and late in the year, the EPA agreed in a case in Wyoming.

NY Gov. Cuomo Reaches Deal to Raise Taxes on Rich, Responding to Demands of 99%

By: David Dayen Wednesday December 7, 2011 7:07 am

In addition to the maneuvers aimed at raising taxes on the rich in California, in New York, where the process to raise said taxes isn’t as byzantine, state leaders have agreed in principle on a deal to increase taxes on the wealthy. And this is a reversal from a vow by Andrew Cuomo from earlier in the year to allow increased taxes on the rich to expire.

The Party Line: Will Occupy Wall Street Affect New York Politics?

By: Gregg Levine Saturday October 15, 2011 1:00 pm

As I walked down to Zuccotti Park/Liberty Square in the predawn hours of October 14, I could hear “the people’s mic” and the people’s resounding cheers over three blocks away. . . but the biggest cheer came soon after I wedged my way into the park. . . .

Screw the American People, Except for the Corporate People

By: masaccio Monday August 22, 2011 6:30 pm

It was bad enough that the Feds stopped enforcing the law. Now they want the State Attorney Generals, including Eric Schneiderman of New York, to stop enforcing the law. But only as to banksters. Pot smokers are still fair game.

FDL Book Salon Welcomes Gretchen Morgenson and Joshua Rosner, Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon

By: Yves Smith Saturday August 20, 2011 1:59 pm

Reckless Endangerment describes the players that helped create the housing bubble and bust that were at the heart of the financial crisis. Gretchen Morgenson and Josh Rosner focus on how regulators and other officials were complicit by promoting liberalized housing finance as a way to increase homeownership. Their account chronicles how a naïve vision of the American Dream, that of homeownership as the foundation of upward mobility and stable communities, turned into a nightmare in the hands of a growth driven and increasingly predatory mortgage complex.

Late Night: Obama the Risk-Averse

By: David Dayen Tuesday June 28, 2011 8:00 pm

Obama likes to posit his conception of the world of the possible as the only world available. He has almost never taken a lead on a piece of legislation that he thought would fail, choosing his battles. He has seen the world as it is, and then called that the best world on which we can live.

In New York, Mystery 32nd Senator “Comes Out” for Marriage Equality

By: David Dayen Wednesday June 22, 2011 5:15 pm

For the past week, the eyes of the gay rights community have been on Albany, where lawmakers in New York State have been close to finalizing a marriage equality bill. This would make New York the 6th, and easily the largest, state to allow same-sex couples to marry.

Being A Democrat – You’re Doing It Wrong

By: Eli Tuesday May 10, 2011 6:01 pm

New York Republicans like Andrew Cuomo more than New York Democrats – is anyone surprised?

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