American Workers to Senate: We Need Jobs Not Politics
As record numbers of American workers filed for unemployment benefits in the final days of January and new government data released Feb. 6 revealed that 598,000 more jobs were lost last month, Senators have stalled the president's economic recovery package.
From Davos to Belem: A Tale of Two Spirits
This years' gathering at Davos appears to have been a complete dud. It's hard for one who wasn't there to say how complete but if President Obama is reading the reports from the celebrated Swiss mountaintop he has to be glad he didn't go and that he didn't send a high powered delegation.
Comment: Creating Good Jobs
Who would have dreamed a year ago we would be here today with a new government and our first African American President, Barack Obama. This was an election that changed history. It forced us to face up to and struggle with issues of race and class.
Off and Running: Opportunity of a Lifetime
I was standing on the Washington Mall on Inauguration Day, alongside nearly two million other people on Inauguration Day, and proudly watched the first African American take the oath of office in our nation’s history.
Support for Stimulus Bill Heats Up
Capitol Hill telephone lines have lit up. Tens of thousands of voters across the country have been calling their US Senators demanding passage of President Obama's economic recovery package without any more delays.
Republican Lobbyists Kill Michigan Foreclosure Relief
GRAND RAPIDS, Mich. – The same Republican-owned law firm that may have tried to help Michigan Republicans hand an electoral victory to John McCain here in the November presidential election may also be blocking effective foreclosure relief legislation.
Comment: To Survive, Americans Must Assert Themselves as Economic Patriots
For a brief moment, when Congress authorized that $700 billion bailout for the Wall Street wise guys whose recklessness caused the financial crisis that we’re all suffering, federal officials actually considered giving part of the money to foreign banks.
GOP: Wall Street Yes, Main Street No
Some congressional Republicans who voted for a massive $700 Wall Street bailout, billions each for just a handful of banks and investment firms, are now trying to block a bailout for Main Street. For example, Republican Minority Leader John Boehner (R-Ohio) urged his House Republican friends to vote yes for the Wall Street bailout last October.
Economy: Help May Be on the Way
I've got good news and bad news, President Obama told the American people in his weekly address over the weekend. Government data released last week revealed that the economy shrank by nearly four percent in the closing months of 2008 and people seeking unemployment benefits grew to record numbers.
The Right-wing's Weak Ideological Attack on the New Deal
A recent article for Money magazine trivializes the New Deal's role during the Great Depression. It reflects, in a simplistic and factually inaccurately way, what conservative historians have sought to argue about the New Deal, namely that it made the depression worse by its intervention in the economy.
