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Summers: Bank Bailout Announcement Delayed until Tuesday
Calculated Risk —
From ABC News: 'This Week' Transcript STEPHANOPOULOS: Let me ask about that financial overhaul. Originally, Secretary Geithner was supposed to give that speech tomorrow. Administration officials are telling me it's now more likely on Tuesday? SUMMERS: Yes, I think there's a desire to keep the focus right now on the economic recovery program, which is so very, very important. STEPHANOPOULOS: So Tuesday it is. And on the Stimulus Package: STEPHANOPOULOS: Let me start out by putting up a little chart that shows the House and ...
The Consequences of Elections
Political Punch —
Previous | Main The Consequences of Elections February 08, 2009 12:00 PM It's fascinating, really: Democrats control the White House, the House, and the Senate, but tens of billions of dollars are being stripped from the stimulus bill to please two or three Senate Republicans. In his blog "The Conscience of a Liberal," New York Times columnist Paul Krugman last night wrote that "to appease the centrists, a plan that was already too small and too focused on ineffective tax cuts has been made significantly smaller, and even more focused on tax cuts…"In particular, aid to state governments, which are in desperate straits, is ...
A mind like a Steele trap
Political Animal —
... a national television audience, "Let's get this notion out of our heads that the government create jobs. Not in the history of mankind has the government ever created a job." It wasn't the only dumb thing said by a Republican leader during the stimulus debate, but it was among the most memorable. Yesterday, Steele spoke to ABC's George Stephanopoulos about the Republican position on the economy, and inexplicably, stuck to the same position , arguing, "What this administration is talking about is making work. It is creating work." When Stephanopoulos responded, "But that's a ...
Undermining His Own Mandate For the Sake of Bipartisanship
Firedoglake —
The stimulus package is consistently being attacked for not being "bipartisan" because not enough Republicans support it. The fact that the bill received no Republican votes in the House, and "only" three Republicans support the Senate version, is sufficient to conclude that it fails Obama's objective of being "bipartisan."
We'll overlook for the moment that two years ago, any bill Joe Lieberman voted for was considered "bipartisan." When Obama sketched out the goals for the stimulus package in early January, he started negotiating with himself by offering "huge ...
Jane Hamsher: Obama Undermines Jobs Mandate For the Sake of Bipartisanship
Politics on HuffingtonPost.com —
The stimulus package is consistently being attacked because not enough Republicans support it. The fact that the bill received no Republican votes in the House, and "only" three Republicans support the Senate version, is sufficient to conclude that it fails Obama's objective of being "bipartisan." We'll overlook for the moment that two years ago, any bill Joe Lieberman voted for was considered "bipartisan." When Obama sketched out the goals for the stimulus package in early January, he started negotiating with himself by offering "huge tax cuts" as "a way to defuse conservative criticism and enlist ...
Geniuses on the radio
Whiskey Fire —
by flory
Steve Forbes is an idiot. Notice how I didn't put up a BREAKING NEWS headline for that? I was pretty sure you all knew that already. He was on the local formerly-Air America progressive talk radio station out here today gifting us with his wisdom on the stimulus package. Guess what? He's not a fan.
But he does have his ...
