Treasury Projects a Profit From Bailout
Apr 16, 2012 Just as Mitt Romney has locked up the Republican nomination on a boast of fiscal conservatism, President Obama's Treasury Department has said it expects to turn a tidy $2 billion profit from TARP and other extraordinary measures taken to bail out the financial industry.
Campaigning Dems Register Higher on the Obamameter
Mar 9, 2012 Whatever President Obama is doing to reinstate closer ties with some high-profile members of his party is working, at least when it comes to congressional Democrats looking to extend their stays on Capitol Hill. So what's his winning strategy?
What’s Really at Stake in 2012
Feb 17, 2012 Observing the liberal Democratic critics of President Barack Obama set me wondering whether they ever listen to the Republican candidates. Haven’t they noticed that the Republicans want to dismantle Social Security, Medicare, Medicaid and the rest of the economic protections for the poor and the middle class? Observing the liberal Democratic critics of President Barack Obama set me wondering whether they ever listen to the Republican candidates.
How the Stimulus Revived the Electric Car
Feb 1, 2012 Until the economic stimulus package was passed in 2009, the manufacture of electric cars and their batteries in the United States was nearly nonexistent.
Congressional Committee Questions Solar Company Failure
Sep 15, 2011 A congressional investigative committee interrogated government officials Wednesday about why they supported giving a $535 million loan package to the recently failed California solar panel manufacturer Solyndra.
Economists Frown on Fed Strategy
Apr 24, 2011 Economists across a broad range are frowning on the Federal Reserve’s most recent attempt to spur the economy, saying that the strategy of buying federal debt has helped the stock market but has had little positive effect on the general population.Is America Too Corrupt to Keep Up?
Jan 21, 2011 As "Buy China" policies now economically supercharge the world's most populous nation, the White House and congressional Republicans have opposed many of the very "Buy America" proposals that might help us keep up -- and that obstruction has come at a steep price.Celebrating the New GOP Majority
Jan 3, 2011 Welcome to the Republicans who take over the House of Representatives this week. Since it is a new year, let us be optimistic about what this development means for our nation.
Obama’s Tax Cave Is Worse Than Expected
Dec 7, 2010 Based on what The New York Times describes as President Obama's "substantial concessions to Republicans," Democrats in Congress have reason to fret Not only did Obama agree to extend the Bush tax cuts for the wealthy, but he caved in to Republican demands to neuter the estate tax (more).
Federal Reserve Finds $600 Billion in the Couch
Nov 4, 2010 Trying to follow the amount of money the Federal Reserve has pumped into the economy (and the banks) can be truly mind-boggling, and it's not getting easier. (continued)
