Holding on to the Senate Is Looking More Possible for Democrats

By: Jon Walker Wednesday February 15, 2012 2:00 pm

The Senate map for 2012 is just inherently awful for Democrats. They have to defend incumbents in 23 states, while the Republicans only need to defend 10. Even if there is a relatively strong national Democratic turnout in 2012, the party will likely still have a net loss of Senate seats. With that factored in, though, the prospects for the Democrats at least narrowly holding on to the chamber have been improving.

Protesters Demonstrate in Front of Foreclosure Fraud Settlement Meeting in Chicago

By: David Dayen Monday January 23, 2012 1:45 pm

Protesters have gathered outside a meeting taking place in Chicago today between officials with the Obama Administration and some state Attorneys General or members of their staff, aimed at reaching agreement on a low-ball settlement with leading banks over foreclosure fraud. The proposed settlement would give homeowners a pittance in exchange for a broad release of liability from prosecution for the banks.

Simon Johnson on the Proposed Foreclosure Fraud Settlement: “This is a law enforcement issue.”

By: David Dayen Monday January 23, 2012 8:50 am

We may be getting close to a settlement betweent some state AGs and the mortgage bankers on foreclosure and related mortgage practices. Late on Friday I spoke with Simon Johnson, the former chief economist of the IMF and a professor at MIT, who also writes the Baseline Scenario blog with James Kwak. Johnson has been skeptical of the foreclosure fraud settlement.

Sherrod Brown Pressures Boehner on Chinese Currency Bill

By: David Dayen Tuesday October 18, 2011 1:20 pm

John Boehner has declared the China currency bill, which passed the Senate with rare bipartisan support and 63 votes, “dead on arrival” in the House. So Sen. Sherrod Brown has an op ed in Boehner’s home town paper pressuring Boehner to support the bill and explaining how exchange rates are causing Ohio to lose jobs.

Chinese Currency Bill: A No-Cost, Bipartisan, Long-Term Jobs Measure

By: David Dayen Thursday September 29, 2011 1:00 pm

Let’s review the bill together! The legislation is an amalgam of two different efforts. A bill co-sponsored by Sherrod Brown (D-OH) and Olympia Snowe (R-ME) would give unions and industries greater ability to file claims against illegal Chinese trade practices on a case-by-case basis, and would allow the Commerce Department to factor in currency manipulation into any tariffs the US puts up as a result. This would increase duties against Chinese products, which are being effectively subsidized by currency manipulation. The Congressional Budget Office estimated last year that such a measure would collect $125 million in new tariff revenues, but the main impact would be to put political pressure on China to revalue its currency.

Boehner’s Letter on Libya Includes Key Questions for President

By: David Dayen Thursday March 24, 2011 8:35 am

Boehner says that he respects the authority of the President as commander in chief. However, he writes, “I and many other members of the House of Representatives are troubled that US military resources were committed to war without clearly defining for the American people, the Congress and our troops what the mission in Libya is and what America’s role is in achieving that mission.”

Michigan Becomes Latest State with Worker-Led Uprising

By: David Dayen Wednesday March 16, 2011 11:47 am

The team at MichaelMoore.com is streaming live video all day long from protests in Lansing, the latest site to see a backlash to Republican-led efforts to weaken the rights of workers. Moore says that over 6,000 protesters occupied the Rotunda in the Capitol as of an hour ago. About a thousand stayed overnight last night.

Sherrod Brown: President Obama Has a [Loud] Microphone

By: Scarecrow Thursday March 10, 2011 6:33 pm

Is Senator Brown honestly expecting this President to lead us? Not a chance. Only Pod People still think America’s working class has a President on their side.

Sanders’ Long Senate Floor Speech Brings Attention to Details of Tax Cut Deal

By: David Dayen Friday December 10, 2010 1:25 pm

There’s a set vote on the tax cut bill on Monday. Nothing else has been scheduled to move today. Bernie is not really blocking anything. This puts Sanders’ speech into the Congressional record; I’m not sure there’s an additional purpose.

But that’s not to say it isn’t important.

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