Transpartisan alliances certainly won’t work on every issue. But when it comes to matters of transparency, accountability and the rule of law they can. Those are things we desperately need right now as we watch a corrupt system fall apart at the seams.
|By: Jon Walker Friday April 29, 2011 5:30 am|
There seems to be a broad acknowledgement that the Federal Reserve has made the terrible decision to randomly change their goals by making their new top priority maintaining a one-percent inflation target, instead of the old understanding, two-percent inflation, or trying to achieve full employment, despite 8.8 percent official unemployment. I will let Paul Krugman [...]
|By: Jane Hamsher Friday September 17, 2010 10:19 am|
Obama took the opportunity to mock supporters of the public option last night at a DNC event in Greenwich, Connecticut (per Mike Allen): OBAMA: Democrats, just congenitally, tend to get — to see the glass as half empty. (Laughter.) If we get an historic health care bill passed — oh, well, the public option wasn’t [...]
|By: Jane Hamsher Thursday June 3, 2010 10:16 am|
(The following is the text of my speech at the Personal Democracy Forum on Thursday June 3, 2010 in New York City — jh) Thank you to Andrew and Micah for inviting me to be here today, and I appreciate the opportunity to speak on today’s topic: “Can the internet fix politics?” Which raises the [...]
|By: Jane Hamsher Tuesday May 11, 2010 8:33 pm|
Subbing for Rachel Maddow Tuesday night, Chris Hayes on the passage of Audit the Fed: CHRIS HAYES: Something truly remarkable happened in Washington today. The United States Senate passed something, by the way of a 96 to 0 vote — 96 in favor, 0 against. Which means Democrats and Republicans voted together, for the same [...]
|By: Jane Hamsher Monday May 10, 2010 9:00 am|
Glenn Greenwald on the “mindless tribalism” that has deflated meaningful liberal advocacy with regard to Obama’s supreme court nominee: Perhaps most revealing of all: a new article in The Daily Caller reports on growing criticisms of Kagan among “liberal legal scholars and experts” (with a focus on the work I’ve been doing), and it quotes the progressive [...]
|By: Jane Hamsher Monday May 10, 2010 8:39 am|
President Obama has packed the Debt Commission (also known as the cat food commission) with members who have an overwhelming history of support for both benefit cuts and privatization of Social Security. The “National Commission on Fiscal Responsibility and Reform” is operating in secret over the objections of both parties. John Boehner and John Conyers [...]
|By: Jon Walker Saturday May 8, 2010 5:55 am|
There is nothing inherently good about compromise. The ability to form a good compromise, when it is necessary, is an important skill. But you should compromise only when you can’t completely achieve what you want without it. If you have sufficient votes or support for your position and think it is the best choice of [...]
|By: Jane Hamsher Thursday May 6, 2010 12:08 pm|
The Dow is swinging wildly–down as much as 980 points within the last hour–largely due to insecurity about the situation in Greece and shaky retail sales. And according to Brad DeLong, who is generally pretty tight with the White House, Obama will come out in opposition to Audit the Fed this afternoon. At a time [...]
|By: Jane Hamsher Thursday May 6, 2010 10:55 am|
JP Morgan chief Jamie Dimon sits on the board of the NY Federal Reserve. He knows what the Fed is doing. But Hagan says Congress can’t be trusted with that information because they would leak like a seive and the markets would crash. In the short span of a year, she has decided she doesn’t want anyone to tell her anything, and that we should just trust Jamie Dimon to do the right thing.
That’s. . . delightful.