fiscal cliff

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  • Seven Ways to Honor the Mothers of America


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    My mother has never liked Mother’s Day. She says it’s a phony holiday designed to boost profits for Hallmark Cards. I say, Who cares as long as everybody’s happy? After all, I tell her, Hallmark isn’t Blackwater or Halliburton. And besides, not all profits are evil. That doesn’t mollify her. In fact, I ...
    6 days ago
  • The Face Of Austerity


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    I had the privilege of hearing Dean Baker and Mark Weisbrot speak about austerity the other night and it was as fascinating as you might imagine. I think most people who read this blog wouldn’t be surprised by what they said, but I think many in the audience were people who may be depending upon more mainstream ...
    1 week ago
  • HBO’s “Vice” Austerity Coverage Disappoints


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    The research discrediting the Reinhart-Rogoff study is upending the economic policy discussion everywhere. Everywhere, apparently, except for HBO’s new series “Vice,” which recently featured Kenneth Rogoff as an expert on austerity. Episode 4 of “Vice” on HBO, “Love and Rockets,” included a segment on ...
    1 week ago
  • Progressive Breakfast


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    MORNING MESSAGE: “60 Minutes” And America’s Billionaires Want Us to Beg OurFuture.org’s Richard Eskow: “’60 Minutes’ was once a shining light of independent journalism. Now it’s a covert mouthpiece for the far-right, anti-government values of the Peterson crowd. Once it spoke to, and for, a majority ...
    1 week ago
  • U.S. government & governance 2013


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    One thing we can count on with respect to this Congress is that if there is even one second left before you have to do what you’re supposed to do, they will use that last second. – President Obama Fareed Zakaria: Can America Be Fixed? The New Crisis of Democracy (Foreign Affairs January/February) As the ...
    1 week ago
  • Sequestration Update – Who’s Feeling the Pain


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    Everything We Know About What’s Happened Under Sequestration When the annual White House Easter Egg Hunt faced cancellation this year due to the package of mandatory budget cuts known as sequestration, the National Park Service kicked into high gear. It rescued the event — held since 1878 — with money from ...
    1 week ago
  • Progressive Breakfast


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    MORNING MESSAGE: Good Jobs – The Challenge of Rebuilding the Middle Class OurFuture.org’s Robert Borosage: “This week, President Obama will travel to Austin, Texas to call for action on jobs. The proposals the president put forth in his State of the Union address – investing in infrastructure, expanding ...
    1 week ago
  • Good Jobs: The Challenge of Rebuilding the Middle Class


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    This week, President Obama will travel to Austin, Texas to call for action on jobs. The proposals the president put forth in his State of the Union address – investing in infrastructure, expanding preschool, bolstering manufacturing assistance centers, raising the minimum wage – have been blocked in the Congress, ...
    1 week ago
  • The Republican Party Flinches Again On Debt Limit


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    According to the Washington Post and Politico , GOP leaders are laying the groundwork to refuse any debt limit increase this year, reneging on debt payments mandated by Congress, shredding the full faith and credit of the American government, thereby plunging the global economy into the abyss, unless Washington … ...
    1 week ago
  • Hypocrites with Fat Wallets: The CEOs Who Want It All


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    America’s top corporate executives love lecturing the rest of us about ‘fiscal responsibility.’ They want us to expect less from government. But they expect more, and a new report shows how they’re getting it. Last week, federal unemployment benefits for the 400,000 Californians out of work since last fall ...
    1 week ago
  • Austerity in De-Niall


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    When historian Niall Ferguson made his offensive comments about John Maynard Keynes last week, he wasn’t just revealing an ugly side of own nature. He was defending his authoritarian and economically punitive ideology not only against its opponents, but against reality itself. But then, when your best-known ...
    1 week ago
  • If I get a bad credit score, why can’t I just raise my debt ceiling?


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    Public distress about the debt ceiling started at the end of 2012 with the introduction of the phrase “fiscal cliff”. Two daunting words next to each other without a third for ease, and without proper context they means next to nothing. Though the plan had been set to go into effect since the Budget Control [...] ...
    1 week ago
  • Reflections on Impact of Economy, Sequestration on Exhibitions


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    This post written by Doug Ducate, CEM, CMP President and CEO CEIR   The CEIR Index Report with data from 2012 is now available. After enjoying a strong first half with a 2.5% year-over-year increase that was on target to hit the 2.7% projection for the year, the second half of the year tanked, and ...
    2 weeks ago
  • Obama, GOP Outline Debt Limit Debate


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    President Barack Obama says he “will not compromise” over his insistence that Congress lift the federal debt ceiling. The nation’s credit rating was downgraded the last time lawmakers threatened inaction on the debt ceiling, in 2011. (Jan. 5) More information below. Republished by Blog Post Promoter Technorati ...
    2 weeks ago
  • Obama Tries Extortion On Voters: Do As I Say Or More Suffering To Come!


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    Well, well, well.  It seems our petulant President is realizing the trap he set for himself with sequestration, and is now becoming a pissy, petulant President. In this week’s POTUS address to the nation, we see a bit of strain and arrogance coming through as Obama threatens pain on Americans if they don’t do as ...
    2 weeks ago
  • Sequestration Forever!


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    Sorry for the total lack of posting. I needed a break from the dismal world of politics. The “leadership” we have right now is pretty pathetic and truly painful to watch in action. And the fact they can only seem to work on useless or reckless proposal just underscores how out of gas Big Government is. The other ...
    2 weeks ago
  • Bush’s Failure Was Conservatism’s Failure


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    In honor of Thursday’s opening of the George W. Bush Presidential Library and Museum, I have published at The Week some advice to conservatives : Admit that Bush’s conservative policies were catastrophic failures. Conservatives don’t seem to be ready to take responsibility. For a while we’ve seen ...
    3 weeks ago
  • Do You Think $15,000 Is Real Money?


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    So, t hey’ve crunched some real numbers and determined exactly how much money the average Social Security recipient can expect to lose if the Chained-CPI is implemented. I’m going to assume that if someone told you that the government was going to seize $15,000.00 from your 401k you’d think it was a cut: ...
    3 weeks ago
  • Deficit Falling, Austerity Discredited But Destructive Sequester Continues


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    The deficit is already down by half. The intellectual foundation for austerity turned out to be a spreadsheet error combined with cherrypicked data. In Europe austerity has brought nothing but stagnation, recession, depression and suffering. But our own “sequester” ramps up with disastrous effects — unless it ...
    3 weeks ago
  • A.G.R.I = Analysis of Global Risk Intelligence from the Environmental Parliament


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    “It is the mark of an intelligent educated mind to be able to entertain a thought without accepting it. Of an even higher intelligence is the mind that is able to entertain conflicting thoughts without prejudice and preference until such time that the merits of each are fully manifest and thus allow for the correct ...
    3 weeks ago

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