If the Tea Party members are unwilling work with Obama to keep the government open, they are not going to agree to a grand bargain and Boehner just proved he is not going to cross his caucus.
|By: Jon Walker Friday October 18, 2013 7:35 am|
|By: joe shikspack Friday October 11, 2013 2:00 pm|
Greetings Circus fans! Welcome back to the Circus that, like rust, never sleeps. For the past couple of days the red clowns have separated into rival gang factions to fight out their final strategery. Watching clowns enter into public backbiting and recriminations is always amusing for the audience and the pie has been flying.
|By: DSWright Friday October 11, 2013 6:36 am|
Yesterday House Republican leaders met with President Obama at the White House to begin discussing a deal on raising the debt ceiling and ending the government shutdown. The initial proposal by Speaker Boehner to grant a six-week extension on US borrowing authority was rejected by Obama. Apparently the ‘Grand Bargain’ is back.
|By: Dean Baker Thursday October 10, 2013 1:54 pm|
The Washington Post ran an editorial endorsing Republican House Budget Committee Chairman Paul Ryan’s proposal for ending the shutdown/debt ceiling standoff. It is apparently anxious to seize on yet another route to try to cut Social Security and Medicare benefits for seniors.
While the obvious crisis facing the country is a government that is not doing its job and an economy that is suffering enormously from a shortage of demand (i.e. too little government spending), the Post sees this as an opportunity to fix its invented crisis about the long-term budget deficit.
|By: wigwam Tuesday October 8, 2013 5:00 pm|
t will cause economic turmoil when the government stops paying the rest of its bills, lays people off, and stops buying stuff. But, that what you get when you put people who hate “big government” in charge of a big government. They are all out to “starve the beast..”
|By: DSWright Tuesday October 8, 2013 2:09 pm|
We are now in day 8 of the federal shutdown and it seems Americans are rapidly losing faith that the powers that be can turn the economy around. Confidence in the economy has deteriorated more in the past week than in any week since Lehman Brothers collapsed on Sept. 15, 2008.
|By: DSWright Thursday October 3, 2013 8:18 am|
The end result of the shutdown could be not only a victory for extortion tactics by the minority party, but also long lasting damage to the safety net with cuts to Social Security and Medicare. Speaker John Boehner is telling his Republican colleagues that negotiations are taking place behind the scenes on the so-called ‘Grand Bargain’.
|By: DSWright Friday September 6, 2013 8:41 am|
While pinning down an exact number is difficult, especially as the target list is expanding, there are some initial projections on the potential costs of President Obama’s attack on Syria. The Congressional Research Service analysis puts the cost as high as $12 billion for a year’s operation citing estimates by General Dempsey, chair of the Joint Chiefs of Staff.
|By: DSWright Monday August 26, 2013 10:30 am|
According to JP Morgan’s own financial disclosure the Too Big To Fail bank has decided to use its massive wealth and power to promote cuts to entitlement programs for current and future senior citizens. The group “Fix The Debt Coalition” received $500,00 from JP Morgan.
|By: cocktailhag Thursday August 15, 2013 8:00 pm|
Wonder of wonders, every once in a while, the Free Market gets off its nattily-clad ass and renders judgement where judgement is way overdue, and this appears to be one of those times. You see, NBC’s “Meet the Press,” the longest running political show on TV, has come in dead last in the ratings, reaching less than 1% of US households, an astonishingly pathetic number which includes, presumably, the crummy motels and Pine-Sol scented nursing homes with which such shows are most commonly associated.