The Vortex of Stupidity, Also Known as Washington, DC

By: Tuesday October 23, 2012 6:30 pm

I’m a bit surprised we don’t see more news articles like this one from the AP last Sunday (October 14) about a man attempting to rob a bank of $1 so he could be sent to a Federal Prison. How bad must it be to want to rob a bank so that you can get sent to prison? My guess is the three hots and a cot and health care sounded mighty appealing if the option was starving on the street.

 

Finance Lobby Goes to Work With Post-Sandy Weill Damage Control

By: Monday July 30, 2012 1:45 pm

Boy, the financial industry is really circling the wagons in the wake of Sandy Weill’s comments endorsing a breakup of big banks and the separation of investment and commercial banking. The finance lobby has revved up their sympathetic sources to ensure the world that change will never come, and anyway that it’s irrelevant.

Steven Pearlstein Informs Us of a Corporate-Led Coup of Deficit Hysterics

By: Monday July 23, 2012 1:10 pm

In the wake of the news about the expectations that the poverty rate rose in 2011 to pre-Great Society levels, I have to second Dean Baker’s story about the plans by the corporate elite to exacerbate that problem even more. Steven Pearlstein at the Washington Post wrote approvingly over the weekend of an effort by the nation’s leading CEOs to install a deficit regime that would demolish the social safety net.

The One Percent Want Your Social Security and Medicare and Steven Pearlstein Is Trying to Help

By: Sunday July 22, 2012 6:45 am

Steven Pearlstein, the Washington Post business columnist, often writes insightful pieces on the economy, not today. The thrust of his piece is that we all should be hopeful that a group of incredibly rich CEOs can engineer a coup.

While the rest of us are wasting our time worrying about whether Barack Obama or Mitt Romney are sitting in the White House the next four years, Pearlstein tells us (approvingly) that these honchos are scurrying through back rooms in Washington trying to carve out a deficit deal.

Pearlstein’s Underpants Gnome Theory For a Donor Strike

By: Monday December 19, 2011 12:00 pm

Washington Post columnist Steven Pearlstein is calling for a total popular boycott on political donations. He believes that the problem with Washington is that we have an inherent stalemate that will not be solved by an election and only a boycott by campaign donors will magically make all members of Congress agree to the “grand bargain” Pearlstein wants.

The Lucky Bystanders

By: Friday December 17, 2010 6:01 pm

Steven Pearlstein just can’t understand why Republicans are so obsessed with cutting taxes for rich people. It’s “one of the great enduring mysteries of American politics.”

WaPo’s Pearlstein Catches Deficit Hysteria Syndrome, Becomes Incoherent

By: Friday June 11, 2010 7:30 am

Until today’s column, the Washington Post’s Steven Pearlstein had been largely immune from the mind numbing symptoms of deficit hysteria syndrome. That disease has already incapacited the brains of everyone else at the Post. But now it seems he’s become incoherent, simultaneously babbling in conflicting tongues.

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