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Blog Entries by Robert Kuttner from 06/2010

The Banking Showdown

| Posted 06.06.2010 | Business
Read More: Gore Divorce, Financial Reform, Glass-Steagall, Al Franken, Barney Frank, House Financial Services Committee, Elizabeth Warren, Chris Dodd, New Deal, Business News

Later this week, members of both houses of Congress will meet in the final legislative push for financial reform. Much of the conference will be in public session but backroom deals are likely to determine the final outcome.

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Don't Blame the Dream of Home Ownership

| Posted 06.13.2010 | Politics
Read More: Community Reinvestment Act, Fannie Mae Freddie Mac Bailout, Joe Nocera, Subprime Mortgages, Fnma, Politics News

Here is a fable that is making the rounds. It is a collection of half-truths and outright lies: The financial meltdown was the result of too many people pursuing the American Dream of home ownership.

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The Stealth Attack on America's Best-Loved Program

| Posted 06.18.2010 | Business
Read More: Social Security's Fiscal Fitness, Federal Deficit Social Security, Erskine Bowles, Social Security, Federal Deficit, Obama Social Security, Business News

The argument that Social Security is adding to the federal deficit is a bum rap. So why the continued political threat to America's best loved and most successful government program?

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The President I Voted for

| Posted 06.21.2010 | Politics
Read More: Taxes, Census, Great Depression, Social Security, Unemployment, Stagnation, Middle Class, Obama, Medicare, Politics News

In many ways, our current economic situation is as dire a threat to our way of life as a war. So this week, I am sending Congress legislation that will put America back to work.

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It's the Jobs, Stupid

| Posted 06.27.2010 | Politics
Read More: Austerity-Measures, Deficit, Jobs, Omb, Unemployment, Financial Reform, Unemployment Insurance, Harry Truman, Bipartisanship, Politics News

Obama needs to learn from the example of Harry Truman, who not only won re-election in 1948 in American history's greatest electoral upset; his coattails were so attractive that the Democrats took back both houses of Congress.

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