The Larry Summers trial balloon is behaving as if it was filled with lead. Not only have many liberal and economic bloggers strongly criticized the prospect of President Obama nominating Summers to run the Federal Reserve, but several prominent Democrats are actively lobbying for Obama to choose Vice Chairman Janet Yellen as the next Chairman instead.
|By: Jon Walker Friday July 26, 2013 1:05 pm|
|By: Jon Walker Tuesday July 23, 2013 9:05 am|
A sure sign New York City Police Commissioner Ray Kelly is gunning for the Department of Homeland Security job is that he is stepping up efforts to publicly defend his more controversial policies, like stop-and-frisk. He has a new Wall Street Journal Op-ed defending the practice and went on Morning Joe to talk about the issue. While on the show Kelly didn’t deny that he was interested in the DHS job.
|By: Jon Walker Tuesday June 4, 2013 2:35 pm|
I highly recommend watching the video in full, it is one of the funniest things I have seen in a long time.
|By: Kevin Gosztola Tuesday May 28, 2013 10:20 am|
The Justice Department’s seizure of the Associated Press’ phone records, along with criminalizing Fox News reporter James Rosen to pursue a leak investigation into a former State Department contractor, has led to media organizations making some of the most clear defenses of freedom of the press to date. It has inspired a healthy amount of disdain for the administration of President Barack Obama relationship with the press and how the administration’s zealous pursuit of leaks has had a chilling effect on investigative journalism.
|By: TomThumb Monday April 8, 2013 11:20 am|
Recently, Planet Money at NPR, wrote a hit-piece accusing the disabled of fraudulently obtaining benefits through SSI and SSDI. Contagion followed and other pundits compounded the NPR error by repeating the falsehoods. But now we have WSJ ‘piling on’ to blame the disabled for leaving the workforce and creating a sluggish economy. The disabled are the designated ‘bad guys.’
|By: Kevin Gosztola Tuesday March 5, 2013 8:05 am|
The daily newspaper owned by Rupert Murdoch, the Wall Street Journal, chose to take a hot-blooded authoritarian swipe at Pfc. Bradley Manning on Sunday.
|By: masaccio Tuesday February 12, 2013 4:48 pm|
Big lawsuits are great opportunities to look at the state of mind of reporters, pundits and bloggers. I have posts on the case focused on the facts, the law and what they say about the Department of Justice. Of course, my biases are obvious: I think the DOJ refused to enforce the laws against fraud by Wall Street executives, that the refusal to investigate and enforce the law was a deliberate policy choice by President Obama, and that policy was intentionally put into practice by Attorney General Eric Holder and the head of the DOJ Criminal Division, Lanny Breuer. Others show their biases as well.
|By: Kevin Gosztola Monday January 14, 2013 10:25 am|
Under the Computer Fraud and Abuse Act (CFAA), government prosecutors enjoy wide discretion. Typically, a prosecutor would push for a punishment proportional to the harm done by the crimes alleged. In Swartz’s case, it is clear this did not happen. JSTOR declined to press charges, but the government pursued the case anyway.
|By: Gar Alperovitz Friday December 7, 2012 4:57 pm|
Social pain, anger at ecological degradation and the inability of traditional politics to address deep economic failings has fueled an extraordinary amount of practical on-the-ground institutional experimentation and innovation by activists, economists and socially minded business leaders in communities around the country.
A vast democratized “new economy” is slowly emerging throughout the United States. The general public, however, knows almost nothing about it because the American press simply does not cover the developing institutions and strategies.
For instance, a sample assessment of coverage between January and November of 2012 by the most widely circulated newspaper in the United States , the Wall Street Journal, found ten times more references to caviar than to employee-owned firms