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Senator Says Loophole In Derivatives Regulation Undermines Reform
The effort to impose new restrictions on the financial system falls short of true reform if there's a gigantic loophole for foreign exchange derivatives, Sen. Maria Cantwell (D-Wash.) said Thursday. "Most people who write about the 'comprehensive reform' -- they're missing the point, which ...
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David Segal: Slow And Steady As We "Race To The Top"
As Obama's Department of Education touts its charter-school-propelling "Race to the Top," whose regulations were issued last week, let's heed the moral of the fable that we all learned in grade school: In the end, the Tortoise beats out the Hare. Alan Gottlieb recently wrote about a plan by ...
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Linda R. Monk, J.D.: We the Populists: How to Make Taxpayer Funded Bailouts Toxic
Those creative folks at SEIU (Service Employees International Union) have done it again. They are flooding the switchboards at Goldman Sachs, telling them that union workers are tired of bailing out the companies that are eliminating American jobs. Want to join in the fun? Call Goldman's ...
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Lanny Davis: Another Look at Stupak-Pitts
Last week I argued in my column that, even though I strongly oppose the Stupak amendment because I am pro-choice, if things come down to a bad choice -- a national health care bill with the Stupak language -- or a worse choice -- no health care bill at all this year -- I would favor a vote for ...
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Senate Puts Off Action On 'Don't Ask Don't Tell'
A planned November hearing by the US Senate Armed Services Committee to consider ending a ban on gays serving openly in the US military will be postponed, a spokeswoman indicated Friday. "We do not have a date" for the hearing, said the aide, Tara Andringa.
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Tina Fey Does Sarah Palin At Ad Council Dinner (VIDEO)
At the Ad Council Annual Dinner Wednesday night, "30 Rock" creator Tina Fey brought back her famous impersonation of former Alaska Governor Sarah Palin. "Mrs. Palin and I continue to have so much in common," she said. "They recently made a porn movie about Sarah and then this same porn ...
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Tough Bank Amendment Passes With Room Nearly Empty
Don't sleep on Jackie Speier. The freshman Democrat from California came into the House Financial Services Committee room Thursday ready to fight for her long-shot amendment to limit the leverage ratio for big banks. "I expected a roll call vote," said Speier, fresh off a star turn on the ...
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Ron Wyden Wins Big Concession On Health Insurance Exchanges
Senate Majority Leader Harry Reid (D-Nev.) and Senate Finance Committee Chairman Max Baucus (D-Mont.) have taken a long stride toward locking down the support of Sen. Ron Wyden (D-Ore.). The three senators announced an agreement Friday on an amendment that would allow many more people who ...
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Mary Landrieu Wooed To Back Health Care With $100 Million For Her State
Louisiana Senator Mary Landrieu, one of three lawmakers being wooed by Democratic leaders to back health-care legislation, won the inclusion of an extra $100 million in federal aid for low-income people in her state. Landrieu, a Democrat, has championed federal aid for rebuilding Louisiana ...
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Wendy Sachs: Sarah Palin: I Missed You
I missed Sarah Palin. I'm glad she's back. Seeing her frosted, teased coif, (albeit less brassy and pouffy than before) makes me nostalgic for the election when we were all exploding with hope and optimism and Tina Fey's hilarious Saturday Night Live sketches. Newsweek gave us a much needed ...
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Palin Booed By Book Tour Crowd
Sarah Palin's "Going Rogue" book tour just went rogue on some unhappy fans. The former governor arrived at a Borders bookstore in Noblesville, Indiana Thursday night to sign books. The evening started off well. "We had a great time a year ago in Indiana but I think I'm having even more fun ...
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Dave Lindorff: Obama Must Dump The Bums In Treasury, End The Wars And Start Leading
If you are sitting in class taking a test, and you've chosen to sit amongst your bone-headed, slacker friends, don't turn to them for help when you can't figure out of any of the answers. They may all tell you the same thing, but they'll all be wrong. That's the situation President Obama ...
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GOP Needs Six Weeks To Debate Health Care Bill That All Republicans Will Oppose
Senate Minority Leader Mitch McConnell (R-KY) argued last Sunday that Republicans deserve at least six additional weeks to consider health care reform before letting the bill come to a vote. By Friday, his top lieutenant said the entire GOP had already made up its mind on the legislation.  ...
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Bob Franken: The SAD Study
With all the reports coming out that recommend we scale back on life saving medical exams there is one we might soon see from still another group of experts. This one concerns depression. It concludes that diagnosis, medication and counseling won't work anyway, so why bother trying. After ...
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Jonathan Horowitz: The New Bagram: Has Anything Changed?
Last weekend, the United States unveiled its new state of the art detention facility to journalists, diplomats, Afghan officials, and nongovernmental organizations. After participating in the tour, I give the new facility a "vastly improved" grade compared to the Bagram Theater Internment ...
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Greg Archer: California Bookseller says 'Sarah Palin's Just Plain Nutz'
Leave it to a spunky Northern California bookseller to steal some of the thunder away from Sarah Palin . Bookshop Santa Cruz , located in Downtown Santa Cruz and known for its long history of commenting on politics and political books, is now offering an "essential" item as a companion to ...
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Palin Goes Rogue On The Facts
Max Blumenthal Progressive Book Club/Media Matters for America review In August 2008, when then-senator and presidential candidate Hillary Clinton said the media had held her under a "sharper microscope" because she was a woman, Sarah Palin rose to condemn her , accusing Clinton of a ...
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Aspen Baker: Stupak: Win Or Lose, We Need Culture Change
Feminist blogger Kate Harding often takes issue with how cynical the progressives on Daily Kos write about abortion politics, but on Nov. 10, they found some common ground. Two days after the House voted to approve health care reform and the Stupak Amendment, which seemed to catch so many by ...
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Allison Kilkenny: University of California: Where Students Pay More For Less
Chaos descended upon the University of California campus this week when thousands of student protesters faced off against armed police after UC's Board of Regents approved a 32 percent increase in student fees, and also a 15 percent midyear tuition hike (it's still unclear if raising tuition ...
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Charles D. Ellis: Ready, Fire! Aim?
Just half a year ago, the Treasury was rushing to rescue a gaggle of distressed banks with taxpayers' money. Now we read of enormous trading profits at J.P. Morgan Chase and Goldman Sachs and 5,000 people getting $1 million or more in bonuses and one extraordinary oil trader at another bank ...
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