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Entries by Zach Carter from 11/2012

Mitt Romney Massachusetts Budget Targeted Programs For Poor, Disabled

Posted 11.01.2012 | Politics

WASHINGTON -- Over the past month, Mitt Romney touted similarities between the fiscal mess he inherited as Massachusetts governor and the current U.S....

Obama Will Fire FHFA Director Ed DeMarco In December, Wall Street Analyst Says

Posted 11.02.2012 | Politics

Bank of America analyst Ralph Axel said Friday that he expects President Barack Obama to fire acting Federal Housing Finance Agency Director Ed DeMarc...

Jack Welch Invents '2009 Recession' And New Economic Metric To Criticize Barack Obama

Posted 11.03.2012 | Politics

WASHINGTON -- Former General Electric CEO Jack Welch rewrote economic history during a Saturday appearance on Fox News, criticizing President Barack O...

GM Helped Bain Capital Profit By Giving Funding To Struggling Parts Supplier Owned By Investment Firm

Posted 11.03.2012 | Politics

In 2000, a financially struggling plastics company that supplied car parts received emergency funding from auto manufacturers General Motors and Ford ...

Mitt Romney Haunted By Missing Tax Returns As Campaign Draws To Close

Posted 11.05.2012 | Politics

WASHINGTON -- As the GOP presidential candidate faced pressure over the past year to release more financial information, it was widely presumed that a...

Club For Growth In 2012 Bests Conservative Groups In Candidate Picks, Richard Mourdock Aside

Posted 11.12.2012 | Politics

WASHINGTON -- Although it lost three of its marquee Senate races on Tuesday, the hardline economic conservative group Club for Growth bested both Karl...

Howard Berman Secretary of State Candidacy Potential Decried By Progressive Group

Posted 11.12.2012 | Politics

WASHINGTON -- The progressive advocacy group Demand Progress is taking a stand against Rep. Howard Berman (D-Calif.), amid rumors that he is being con...

Robert Wolf, Obama's Top Wall Street Ally, Endorses Tax Hikes For Rich

Posted 11.13.2012 | Politics

WASHINGTON -- Wall Street's hostility toward President Barack Obama has been playing out for years in the form of extreme rhetoric and lopsided campai...

Mitt Romney Economic Adviser Calls For Raising Taxes On The Rich, Contradicting Entire GOP Campaign

Posted 11.13.2012 | Politics

Mitt Romney's former economic adviser Glenn Hubbard published an op-ed in the Financial Times Tuesday calling for higher tax rates on the wealthy and ...

Bernie Sanders, Progressive Senators Pressure Obama Not To Cut Social Security (VIDEO)

Posted 11.15.2012 | Politics

WASHINGTON -- A group of progressive lawmakers led by Sen. Bernie Sanders (I-Vt.) on Thursday called for protecting Social Security and Medicare benef...

Fiscal Cliff Primer: Should Congress Take Social Security Advice From Bailed-Out Goldman Sachs CEO Lloyd Blankfein?

Posted 11.20.2012 | Politics

Goldman Sachs CEO Lloyd Blankfein urged Congress and President Barack Obama to cut Social Security, arguing that the program cannot "afford" to keep f...

Fiscal Cliff Letter: Small Business Owners Urge End Of Bush Tax Cuts

Posted 11.20.2012 | Politics

WASHINGTON -- More than 600 small business owners and executives wrote a letter to every member of Congress urging them to end the Bush-era tax cuts f...

Fiscal Cliff Primer: Can America Default On Its Debt?

Posted 11.21.2012 | Politics

No.* *We explain in the video above....

Fiscal Cliff Talks Bring Influx of Corporate Lobbying For Tax Perks For The Wealthy

Posted 11.27.2012 | Politics

WASHINGTON -- As negotiations to avert the so-called fiscal cliff intensify, corporate lobbying groups are pushing key tax perks that benefit the weal...

Fiscal Cliff: House Democrats Close Ranks Against Social Security Cuts

Posted 11.27.2012 | Politics

Rep. Chris Van Hollen (D-Md.) said Tuesday that Social Security cuts should not be part of any deal to avert the "fiscal cliff." Van Hollen's comme...

Fiscal Cliff Primer: Should Obama Take Advice From Regulator Who Missed Bear Stearns And Madoff?

Posted 11.29.2012 | Politics

No. Former SEC Chairman Chris Cox and former Rep. Bill Archer (R-Texas) penned a recent Wall Street Journal op-ed claiming that the total U.S. deb...

Fiscal Cliff: 10 Ways Obama, Congress Could Trim Without New Income Taxes, Entitlement Cuts

Posted 11.30.2012 | Politics

WASHINGTON -- Just about every policy lawmakers are considering for a deal to avert the so-called fiscal cliff would involve either raising individual...

Fiscal Cliff Primer: Should Everyone Freak Out About Obama's Opening Bid?

Posted 11.30.2012 | Politics

No. But there are several interesting elements, particularly among the combined $1.6 trillion in new tax revenue. Obama has spent most of the past ...