Timothy Geithner Goes To Wall Street To Cash In

By: Monday November 18, 2013 10:17 am

Former Treasury Secretary Timothy Geithner has, predictably, cashed in his favors to Wall Street by joining a financial services firm, Warburg Pincus. According to a press release from the private equity firm, Geithner will be President of the company and a Managing Director as well as a member of the Executive Management Group. In other words, [...]

The Electoral-Industrial Complex: Fortunes Made by Consultants on Campaign Spending

By: Monday November 12, 2012 10:50 am

It’s been amusing to see the Republican base recognize that they’ve been had in this election, their money stolen by big-talking operatives. I think Rick Perlstein put it best in his story in The Baffler that conservatism has become an elaborate mail-order scam, directed at the target demographic for such scams, gullible seniors. When the [...]

Boehner Opens Grand Bargain Negotiations By Proposing the Romney Plan

By: Thursday November 8, 2012 6:26 am

I touched on this yesterday, but let’s take a closer look at John Boehner’s opening offer on revenue, designed to avoid the fiscal slope (it’s not a cliff). I think it will become familiar to you if you look at the exact language. For the purposes of forging a bipartisan agreement that begins to solve [...]

Election Day Thoughts About the Debate We Never Had

By: Tuesday November 6, 2012 7:09 am

To those of us who follow policy on a daily basis rather than following POLITICS when peer pressure demands it of us, watching the spectacle of the last week before an election has become like the period where frat boys started coming to Nirvana concerts. It’s the same, but also completely corrupted and sad. And those of us with that awareness know that the major result of this election will be maneuvering on fiscal policy, the content of which was virtually non-existent in the campaign.

Republicans Attempt “Vote for Us or We’ll Tear the Mother Down” Closing Argument

By: Friday November 2, 2012 11:34 am

Implicit in Mitt Romney’s closing argument for the election is the idea that only he can stop House Republicans from destroying the economy: “Unless we change course, we may well be looking at another recession,” Romney told a crowd in West Allis, Wisconsin. Romney said that Obama “promised to be a post-partisan president, but he [...]

Jeep Auto Workers Fear for Their Jobs After False Romney Ads in Ohio

By: Tuesday October 30, 2012 12:19 pm

Mitt Romney’s latest play for Ohio – which remains the touchstone of the entire election, desperate plays for Minnesota and Pennsylvania aside – apparently involves straight-up lying about the intentions of Chrysler to “build Jeeps in China,” to the extent that Jeep factory employees are calling their managers wondering if they still have a job. [...]

Emergency Management Makes the Case for Government

By: Tuesday October 30, 2012 9:15 am

Whatever the failings of political leadership on both sides of the aisle, there’s still a residual belief in the validity of government on the Democratic side that simply does not exist on the Republican side. In times like this, where the effects of FIRE sector lobbying doesn’t come into play, you see that difference in the proper role of government shine through. In order for this to become definitive, however, all government programs have to show the same diligence and dedication. One program like HAMP can wipe out years of proper actions in organizations like FEMA.

Late-Campaign Pledges Show American Mythologizing of Business

By: Tuesday October 30, 2012 8:30 am

Just as a reminder of how captured our government has become, President Obama has embarrassingly floated the prospect of a Secretary of Business for his second term. First of all, we already have a Secretary of Commerce, which is pretty much an irrelevant federal agency. So much so, in fact, that the President has proposed [...]

Republicans Raise Concept of Extending Wind Power Tax Credit, With Eventual Phase-Out

By: Monday October 29, 2012 8:30 am

There’s an election to win, particularly in wind-rich states like Iowa and Colorado, and so now the Republican standard-bearer has changed his position on allowing the wind energy production tax credit to phase out. The tax break subsidizes wind power by 2.2 cents a kilowatt hour to bring its cost closer to that of conventional [...]

Romney Endorsed in Primary Debate Either Eliminating or Privatizing FEMA

By: Monday October 29, 2012 7:45 am

Emergency management is a critical federal program, if for no other reason than because of budget constraints. If states were expected to assume the full costs of emergency management, because they are bound by balanced budget rules, the money would have to come out of education or health care or some other public service. But [...]

Medicaid Cut Costs in 2012 by Making Its Insurance Less Effective

By: Friday October 26, 2012 3:15 pm

Medicaid spending slowed down in 2012 and similar slowing is expected for 2013. However, it’s being accomplished through precisely the same program that Mitt Romney and Paul Ryan endorse for the program – by effectively taking beneficiaries off the rolls. The data comes from the respected Kaiser Family Foundation, and their annual survey of all [...]

support firedoglake
Follow FDL News Desk
TODAY’S TOP POSTS
Advertisement
FROM PR NEWSWIRE

Close