Romney’s 2010 Tax Return Lacks Disclosure on Swiss Bank Account

By: Wednesday July 18, 2012 11:50 am

Just to follow up on this tax return issue that is playing havoc with Mitt Romney’s Presidential campaign, it turns out that the returns he claimed to have fully disclosed were not fully disclosed: Mitt Romney has not released his full tax records from 2010, including key documentation connected to his Swiss bank account [...] [...]

Congress Could Combine Student Loan, Highway Funding Bills

By: Tuesday June 26, 2012 12:19 pm

There’s still been nary a peep from Congress on deals on the two major expiring measures that conclude at the end of the week, one on transportation funding and another on federal student loan interest rates. All we know is that Harry Reid has threatened to keep the Senate in session over the weekend to [...]

NBC’s Meet the Press Features Phony “Debate” Between Two Deficit Hysterics

By: Sunday May 20, 2012 11:14 am

For reasons only he and his producers can fathom, NBC’s Meet the Press host, David Gregory, thought it would be edifying to feature a debate about the economy and budget issues between two men who don’t have a clue about how to help the economy and who differ only in degree about how much Congress [...]

Two Days After Promising Constituents on the Safety Net, Durbin Says Democrats Must “Talk About Entitlement Reform”

By: Wednesday November 9, 2011 12:59 pm

A couple days ago, Dick Durbin was confronted by constituents in Illinois and forced to take a position on the uncontroversial values-based statement that said:  “Social Security and Medicare is based on a promise that if you pay in, you earned the right to guaranteed benefits… cuts to Social Security and Medicare will have a [...]

Progressives, Dem Lawmakers Restart Move Your Money Push

By: Thursday October 6, 2011 6:26 am

The Progressive Change Campaign Committee is pushing a bill just introduced that essentially serves as a reminder to Bank of America customers that they should move their money to a local community bank. The legislation, from Sen. Dick Durbin (D-IL) and Rep. Brad Miller (D-NC), is a direct reaction to Bank of America’s announcement that [...]

Default? Blame the Gang of Six

By: Monday July 25, 2011 7:30 am

I have a piece for The American Prospect today about the Gang of Six proposal, and how it increased the possibility of default: Gang of Six fever has overtaken the Senate, and everyone has an opinion on how to incorporate the proposal into the debt-ceiling deal. Senator Richard Burr, a Republican from North Carolina, wants [...]

Durbin Joins Call for Congressional Hearings on News Corp. Scandal

By: Monday July 18, 2011 11:26 am

Another powerful Senator has called for an investigation into Rupert Murdoch’s News Corp. after continued allegations and arrests into the phone hacking scandal in Britain. Sen. Dick Durbin (Ill.), the second-ranking Senate Democrat, has called for congressional hearings and investigations of Rupert Murdoch’s media empire to determine whether it employed illegal practices in the United [...]

Amazon Cuts Loose 25,000 Affiliates in California After Passage of Online Sales Tax Law

By: Thursday June 30, 2011 6:10 am

I received a little note last night from Amazon.com. As part of my previous adventures in blogging, I signed up for an Amazon associates account, which entitled me to gain a small share of proceeds from any Amazon product purchased off a link from my website. I just needed to affix a little code to [...]

The Selling of the World: Privatization Schemes Proliferate

By: Sunday June 26, 2011 1:18 pm

One of the more revealing elements of the Greek bailout discussions is not that the IMF and European finance ministers want another round of austerity from Greece before providing funding, and not even that banks are being urged to take haircuts or engage in restructuring to accommodate the Greeks. It’s that other element – privatization [...]

Democratic Message: Republicans Are Deliberately Destroying the Economy

By: Wednesday June 22, 2011 10:52 am

I mentioned that Democrats would come out swinging today on jobs, pivoting back and demanding stimulus in any debt limit deal. But the actual press event they held seemed more like an opportunity to blame Republicans for deliberately sinking the economy. They weren’t very mysterious about this at all. As Chuck Schumer said, “If [Republicans [...]

House Will Vote on Limiting or Ending Funding in Libya

By: Monday June 20, 2011 6:50 am

This could be a consequential week for the President’s war in Libya. The House of Representatives will vote on limiting or ending funding for the military operation, and given the rising anger on both sides of the aisle about the abuse of war powers it just might pass. Last week, Representative Dennis J. Kucinich, Democrat [...]

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