This means you too, NPR. I keep hearing in the routine reporting of the story that Obama wants to pay for his jobs bill by “raising taxes on the wealthy.” HAVE WE ALL FORGOTTEN THAT THE BUSH TAX CUTS ARE STILL DUE TO SUNSET IN 2012? AS THEY SHOULD HAVE LAST YEAR? If taxes go […]
Category Archives: Money
Here’s what I don’t understand about what’s not being said regarding the Senate’s asshole behavior on the unemployment extention. If you work, your employer is required to pay state and federal payroll taxes into unemployment on your behalf. This expense is based on your earnings. These benefits are included as part of your gross income […]
Spotted today in sunny Georgetown: The Rev. Al Sharpton, in front of Barnes & Noble, talking on his cell phone. Sometimes, living in this city can lead to good sightings indeed. Anyway, I think everyone in America today should read Harold Meyerson’s column. He’s got it exactly right: Germany and China don’t have a lot […]
Or, rather, north of it. Evidence, that is, that regulation isn’t just some silly hogwash come up with by lilly-livered nanny-state homos with nothing better to do than to interfere with good old-fashioned, red-meat capitalism. Blame Canada. “We should be proud of the performance of our financial system during the crisis,” [Canadian] Finance Minister Jim […]
The President of the United States, speaking yesterday at Carnegie-Mellon, the school what matriculated my very own Grannie G. In a global economy, we can’t pursue this agenda in a vacuum. At the height of the financial crisis, the coordinated action we took with the nations of the G20 prevented a global depression and helped […]
Attention, K-Mart Teabaggers: Here is what a legitimate target of outrage and a true menace to capitalism actually looks like: That’s right, you tea-bagging fucktards! NOW is the time to get out your magic markers! NOW! Got me?
We need to stop calling it the “estate tax” and start calling it the “democracy tax.” ‘Cause that’s what it is.
Putting up your dukes for fair trade doesn’t always mean the end of the world: Canada has reached a tentative deal with the United States to end a dispute over “Buy American” provisions that had strained bilateral ties, the two trading partners announced on Friday. Under the agreement, which is designed to settle months of […]
If you watch any embedded Internet clip today, please make it Elizabeth Warren—Chair of the Congressional Oversight Panel for TARP—on The Daily Show of Jan. 26. This is a brilliant human being who offers the most pithy summary of the country’s most recent financial history ever and also drives the real point home: This is […]
The reviews are in on last night’s breaking news re: the federal gov’ment’s spending freeze. Rachel Vs. Jared Bernstein FTW: Visit msnbc.com for breaking news, world news, and news about the economy Krugman calls it “appalling on every level.” Robert Reich says “Main Street is in worse trouble than ever.” “…a perfect example of fundamental […]