Tag: Economy/Finance
Government Sachs: Democracy brought to you by Goldman-trained bureaucrats
AIG execs whined for tax-paid bonuses, saw persecution as ‘McCarthyite’
GOP deficit crusade opposed by fiscal hawks
Bunning’s unemployment benefits blockade now a conservative rallying cry
WASHINGTON-- Sen. Jim Bunning’s (R-Ky.) blockade on extending temporarily unemployment benefits put the Tea Party movement in an unfamiliar position. Instead of nudging the Republican Party to take a stand, activists watched a politician pick an anti-government fight they didn’t even know existed.
Wall Street Journal: Make like a bank and just walk away...
Democrats demand relief for still-volatile housing market
WASHINGTON-- One year after the Obama administration launched its $75 billion anti-foreclosure program, the housing market remains volatile, loan modifications have been scant, foreclosures are still sky-high — and more and more lawmakers are wondering why the White House hasn’t been more aggressive in tackling the crisis.
On stimulus spending, some state GOP officials split with national figures
WASHINGTON-- To hear Republicans in Congress tell it, the Grand Old Party is pretty much united against the deficit-spending approach to economic recovery. Don’t tell that to local GOP officials.
Faced with the most severe budget crises in decades, state and local policymakers from across the country — including a growing list of prominent Republicans — have been only too happy to accept the additional federal funding that accompanied last year’s $787 billion stimulus bill. Not only did that money prop up job markets, many say, but it kept social-service programs running strong during a period of greatest need. They don't see stimulus spending as indebting the future. They see it as an investment in the future.