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Phil Gramm

Are All Republican Talking Heads This Economically Inept?

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

Without the government stimulus we have no gain. Looking at the year over year percent change in personal real income we see a solid decline since July of last year. That's recessionary, plain and simple.

The Political Economy of Last Week

Jared Bernstein | Posted 05.25.2011 | Politics
Jared Bernstein

Yes, once again, Mr. and Ms. Taxpayer, you may be about to hold the bag for a failing financial institution, infusing these firms with the money they need to keep buying and selling mortgage debt.

Sunday Roundup

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

Phil Gramm obviously had the quote of the week. Voters dealing with skyrocketing gas prices and collapsing home values just love being called "whiners" by a millionaire. This kind of out-of-touch condescension comes as no surprise to anyone who has followed Gramm's career. He's left his fingerprints on some of the worst economic debacles in U.S. history. He was a champion of energy deregulation, which gave us Enron and blackouts and price gouging. He was a champion of deregulating the savings-and-loan industry, the bailout of which cost taxpayers hundreds of billions of dollars. And his leadership on banking deregulation helped create the current sub-prime mortgage crisis. Republicans love to talk about Obama's lack of experience. I'll take fresh blood over Gramm's kind of track record any day of the week.

$400 million for McCain: Who Broke Public Financing?

David Donnelly | Posted 05.25.2011 | Politics
David Donnelly

The McCain campaign, despite its intent to take public financing in a few months for the general election, is conducting a high-dollar fundraising event every day of the week.

Nico Pitney

Reid Rips Phil Gramm: "He Has A Low View Of The American People" | Nico Pitney | Posted 05.25.2011 | Politics

Harry Reid has just waded into the firestorm over yesterday's claim from McCain adviser Phil Gramm that the economic downturn is "mental" and that Ame...

Mental Recession: Like Manna From Heaven

Liz Spikol | Posted 05.25.2011 | Politics
Liz Spikol

As a mental health journalist and someone who suffers with bipolar disorder, if there's one thing I know, it's how to solve a "mental" crisis.

Friday Talking Points [38] -- Whiners And Cheeseheads

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Welcome back to Friday Talking Points, after a one-week hiatus! While plenty has happened in the past two weeks which bears close and careful analysis...

Phil Gramm Says He Was Misquoted -- But Won't Retract Comments

Posted 05.25.2011 | Politics

In an interview, McCain adviser Phil Gramm stands by his controversial comments about the economy: calling the recession "mental" and America a "natio...

McCain's "Knowledge Gap": It's An Issue

Mark Weisbrot | Posted 05.25.2011 | Politics
Mark Weisbrot

McCain's gaffe on Social Security indicates that he is not any better informed on major domestic policy issues than he is on foreign policy.

The Gramm-y Awards: Use It as a 'Teaching Moment'

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

Phil Gramm's comments about whining and recessions occurring in peoples' minds can become the moment of enlightenment for the American people.

Phil Gramm Is Conservatism

Bill Scher | Posted 05.25.2011 | Politics
Bill Scher

This is conservatism. The insistence that your economic dissatisfaction is illegitimate, and can only be explained by a brainwashing from the media or politicians

The Week That Should Have Ended McCain's Presidential Hopes

Max Bergmann | Posted 05.25.2011 | Politics
Max Bergmann

Any one of the embarrassing incidents and comments this week would dominate the news cycle if they came from the Obama campaign. Yet McCain barely gets a mention.

Sam Stein

McCain Campaign Initially Stood By Gramm Remarks | Sam Stein | Posted 05.25.2011 | Politics

The McCain campaign is working hard to distance itself from statements made by economic adviser Phil Gramm describing the current economic downturn as...

McCain's Out-of-Touch Co-Chair Says U.S. is "a Nation of Whiners"

Gerald McEntee | Posted 05.25.2011 | Politics
Gerald McEntee

Americans aren't whining. They are voicing their justified frustration with policies that put profits over people. They have had it with politicians who stand in the way of change.

Phil Gramm: Recession Is "Mental," America Is "Nation Of Whiners" (VIDEO)

The Huffington Post | Posted 05.25.2011 | Politics

***SCROLL DOWN FOR RESPONSES FROM THE MCCAIN CAMPAIGN, THE DNC, AND OBAMA CAMPAIGN*** In an interview with the Washington Times, McCain's top economi...

DOJ Missed Two Mortgage Crisis Culprits: Phil and Wendy Gramm

Paul Peete | Posted 05.25.2011 | Home
Paul Peete

There are two central conservative movement players who are culpable in the Real Estate foreclosure; two more arrests to be made.

McCain: Lock-Step and (Oil) Barrel

Janet Ritz | Posted 05.25.2011 | Green
Janet Ritz

While Obama was in Illinois shoveling sand in bags to hold back the Bush-neglected infrastructure that was crumbling around him McCain was on his way to accept whoops and cheers from oil industry insiders.

Green Banking, Good Banking

John Tepper Marlin | Posted 05.25.2011 | Green
John Tepper Marlin

If Ceres Climate Change ratings had been used as a proxy for long-term thinking, they would have been helpful. They would, in the context of the illiquidity of the credit markets, have been a good predictor of the Bankers Panic of 2008.

McCain Econ Adviser Sold Bizarre "Death Bonds"

Newsweek | Posted 05.25.2011 | Politics

For weeks now, John McCain's presidential campaign has faced awkward questions about the outside activities of several top advisers. Add one more name...

How McCain's Top Economic Adviser Helped Create Subprime Meltdown

Mother Jones | Posted 05.25.2011 | Politics

Who's to blame for the biggest financial catastrophe of our time? There are plenty of culprits, but one candidate for lead perp is former Sen. Phil Gr...

Phil Gramm, McCain Co-Chair, Lobbied US On Mortgage Crisis While Advising Candidate On Economic Policy

Posted 05.25.2011 | Politics

An MSNBC exclusive aired on Countdown with Keith Olbermann Tuesday evening revealed potentially explosive news about McCain co-chair Phil Gramm's lobb...

Economist Jared Bernstein Crunches The Candidates

JB Powell | Posted 05.25.2011 | Home
JB Powell

The current economic meltdown can be traced to McCain's financial adviser. McCain wants to further deregulate capital markets and cut taxes. McCain-onomics are Bush-onomics, but more so.

McCain Econ Advisor Phil Gramm: Recession Starter

Lou Dubose | Posted 05.25.2011 | Home
Lou Dubose

Former Texas senator Phil Gramm is McCain's economic brain, and the current economic crisis is not the first one made possible by Gramm's sneaky commodity futures act of 2000.

McCain Guru Linked To Subprime Crisis

Politico | Posted 05.25.2011 | Politics

The general co-chairman of John McCain's presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era ba...

McCain Guru Linked To Subprime Crisis

Politico | Posted 05.25.2011 | Politics

The general co-chairman of John McCain's presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era ba...