Fiddling As The Housing Market Burns
McCain's stubbornness on Iraq, despite Bush's backpedaling and the expressed will of the Iraqi prime minister, suggests how he would approach the crumbling economy. He'll do nothing.
McCain's stubbornness on Iraq, despite Bush's backpedaling and the expressed will of the Iraqi prime minister, suggests how he would approach the crumbling economy. He'll do nothing.
Joe Cutbirth | Posted 07.20.2008 | Politics
McCain wants us to put him in charge of the world's leading economy, but he is outsourcing his intellectual and philosophical responsibilities in that area. It seems to be part of who he is, just like Bush.
Lester Feder | Posted 07.19.2008 | Home
Al Hubbard, architect of the Bush-cum-McCain health plan, compares Americans' use of the health care system to shoppers who indiscriminately buy caviar while someone else foots the bill, just as Senator Phil Gramm exits as co-chair of John McCain's presidential campaign after calling America a "nation of whiners" in a "mental recession."
John Tepper Marlin | Posted 07.19.2008 | Business
Phil Gramm designed the 1999 takedown of the Glass-Steagall Pillar. It's just too bad, if you support Obama, to see such a juicy target removed.
Robert F. Kennedy Jr. and Brendan DeMelle | Posted 07.18.2008 | Green
Karl Rove flees the country, Schwarzenegger calls Bush administration approach to global warming "bogus," Antarctic ice shelf on verge of collapse, U.S. terrorist watch list tops one million.
Chris Weigant | Posted 07.18.2008 | Politics
For only the fourth (or fifth, depending on how you count) time in his presidency, George W. Bush had a veto overridden by both houses of Congress thi...
Rob Stafford | Posted 07.18.2008 | Politics
Here are four questions I'd like someone to ask Senator McCain, and that I'd like him to answer -- without parsing, without equivocating, just answer.
Posted 07.18.2008 | Politics
Robert Novak reports that all is well between John McCain and Phil Gramm once again: After Sen. John McCain publicly repudiated his close friend and...
Paul Peete | Posted 07.16.2008 | Business
Those Republicans hate big government but love big bailouts, like Bear Stearns and Fannie Mae. And the help comes fast too, unless you are needy people, like the New Orleans Katrina crowd.
Robert Scheer | Posted 07.16.2008 | Politics
Indifference to economics does not explain the prominence of Phil Gramm in the McCain campaign during the U.S. financial crisis. Indifference to the folks losing their homes is a more plausible explanation.
Cenk Uygur | Posted 07.15.2008 | Politics
McCain and Gramm are financial radicals who have taken over the system. The idea of putting them back in charge is absolutely unthinkable.
David Sirota | Posted 07.15.2008 | Politics
Republicans still want America to believe that the way to steady the economy is to follow Bush's efforts to slash taxes for millionaires.
Max Blumenthal | Posted 07.15.2008 | Politics
Gramm's journey into porn began in 1973, when his brother-in-law, George Caton, rushed to tell him about an exciting low-budget soft-core production called Truck Stop Women.
Rob Kall | Posted 07.14.2008 | Politics
You have a foolish, self-promoting pastor or you have an out of touch, let-them-eat cake, arrogant advisor and official surrogate and spokesperson who insults Americans. Which is worse?
New York Magazine | Posted 07.14.2008 | Politics
Feel free to tell me I'm nuts for asking the question, but doesn't it seem that, more and more, the McCain campaign is turning into the Clinton campai...
Mark Green | Posted 07.14.2008 | Politics
John Kerry on Obama's platform: "People on our side of the fence have just got to wake up to realize that, you know, you're not going to agree with somebody one hundred percent of the time."
Todd Gitlin | Posted 07.14.2008 | Media
On Meet the Press, as elsewhere, the Gramm "whiner" scandal dwindled into a flip-flop revelation when the real revelation was what McCain's long-time trusted economic buddy believes.
Steve Young | Posted 07.14.2008 | Politics
(July 14, 2008 SYOP ) In a startling move that he hopes might energize his stumbling campaign, John McCain announced that he will no longer use adviso...
AP | Posted 07.13.2008 | Politics
WASHINGTON — A top economic surrogate for Republican presidential candidate John McCain doesn't think people are paying much attention to what p...
Jared Bernstein | Posted 07.13.2008 | Politics
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.
Hale "Bonddad" Stewart | Posted 07.13.2008 | 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.
Jeff Madrick | Posted 07.13.2008 | Business
The collapse in share prices of Fannie Mae and Freddie Mac was startling, but make no mistake about these events. They are made by humans, not large and impersonal economic forces.
Arianna Huffington | Posted 07.12.2008 | Politics
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.
Chris Weigant | Posted 07.11.2008 | Politics
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...
Before the largest crowd of his campaign, Democratic presidential contender Barack...
**UPDATE 7/25** ThinkProgress now reports that the bar...
Major news organizations are drawing...
There is one more John McCain gaffe that...
As we have observed throughout the last several years,...
In a flagrant political act, the State Department has...
John McCain's famously cozy relationship with the press is getting a bit testy. Taking questions in...
** Update below: Nas delivers Fox petition to Stephen...
BARCELONA, Spain — Christian Bale swept into Barcelona on Wednesday night to attend a...
HOUSTON — A "dead zone" in the Gulf of Mexico off...
WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at...
I have a wait problem. I hate to wait. When...
Michael B. Ellis | Posted 07.25.2008 | Home