T. Sharp on Twitter (@newscoma) Steve Ross on Twitter (@vibinc) Steve Steffens on Twitter (@leftwingcracker)Hat tip to jensized, the LA Times runs this AP story about Target Stores making a political donation to a surprising choice in the Minnesota Governor’s race: As two “Boycott Target” groups sprang up on Facebook on Tuesday, the giant retailer defended its $150,000 donation to a group helping a Minnesota Republican gubernatorial candidate...
Our Former Labor Secretary talks about why we seem stuck in a jobless economy: Missing from almost all discussion of America’s dizzying rate of unemployment is the brute fact that hourly wages of people with jobs have been dropping, adjusted for inflation. Average weekly earnings rose a bit this spring only because the typical...
Our favorite Nobel Laureate talks about the threat from deflation and asks: Why isn’t the Federal Reserve doing anything about it? Read on: Back in 2002, a professor turned Federal Reserve official by the name of Ben Bernanke gave a widely quoted speech titled “Deflation: Making Sure ‘It’ Doesn’t Happen Here.” Like other economists,...
Frankly, I agree with him: I was on Good Morning America this not-so-good morning, doing what I could. But I was struck by something that George Stephanopoulos said: he claimed to have been speaking to an administration official who asserted that what we need to get businesses investing is for business to know that...
Nobel Laureate Paul Krugman writes in his NY Times column today about a potential upcoming depression: Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the...
This is a new ad from the DNC about just whose side the GOP is on, as if we couldn’t guess. So why is it not being run on the national newscasts? It’s great that it’s a webcast, but damn, EVERYONE needs to see this. If you don’t go big, who will know? Howard...
Talk about understatements of the decade! The Huffington Post reports on Speaker Pelosi telling the truth on Friday surrounded by Democratic women who are House members: House Speaker Nancy Pelosi (D-Calif.) said Friday that if Congress fails to reauthorize extended unemployment benefits and other domestic aid programs, the economy could head for a double-dip...
With a hat tip to AmericaBlog, we get this report from the Washington Post: Democrats plan to introduce legislation next week that would sharply limit the ability of foreign-connected companies to participate in U.S. politics and require greater transparency from corporations, unions and nonprofit groups that pay for political advertising, according to a confidential...
MyDD’s Jonathan Singer puts the retirements of Congressmen in proper perspective: When a party is actually bullish about its chances of returning to power — not just as a PR stance but in actuality — it’s members don’t usually flee from office. It’s been a year of notable Democratic retirements, but Rep. Vernon Ehlers,...
So, What Does the NRA Do Now?
Monday’s Supreme Court ruling wiping out most anti-gun laws at the state and federal level pretty much achieves everything the National Rifle Association has ever wanted, short of making gun ownership MANDATORY. So, what do they do for an encore? They have been behind the insane push to allow guns in bars, restaurants, and...
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