Invest In America

This morning, Democrats used some of their time on the floor of the Senate to plead with Senator Jim Bunning (R-KY) to drop his objection to extending unemployment benefits and COBRA assistance, fixing a 21% cut in Medicare payments, and continuing funding for numerous federal transportation projects whose suspension has left 2,000 workers on furlough. more »

Dick Armey spoke yesterday at the CPAC summit on the subject of how angry he was at Obama and Democrats over "income redistribution," a topic he returned to at least three times, as I recall. more »

And by conservative, I mean with a small 'c', and I mean that strain of American political thought that favors the wealthy and large accumulations of profit over ordinary citizens and their well-being, regardless of party. more »

Dave Johnson wrote earlier about the Republican origins of our current deficits, but the next wave of deficits will probably come from the next wave of option ARM mortgage defaults more »

I have very little fellow feeling for the banksters, but there was a tinge of empathy the other day when I read this quote Susie Madrak picked up on from a New York Times article about Wall Street's reaction to the proposed banking tax: "The big banks, the lobbyists say, have become increasingl more »

New unemployment data has a little good news, but doesn't show the way forward.more »

Laugh if you want, but even the Chinese know that it would be a fabulous idea to link Anaheim, CA to Las Vegas, NV by high speed rail, potentially creating 90,000 jobs in the process, which is why a Chinese export-import bank is looking to finance it after the US federal government decided more »

At a presidential town hall last week in Tampa, Florida, Vice President Biden talked about rail spending from the Recovery Act: more »