Fiscal retrenchment in the face of what’s looking more and more like a slip back into recession is a very, very bad combination.
Just remembering back now the international financial institution folks back in 2009/2010 saying it was important to rein in spending since the global economy was already coming back and the risk was inflation and indebtedness. 1937 anyone? Read More
Scott Bloch, the former Bush-era US Special Counsel, has had his one month jail sentence overturned.
Pelosi says no lines in the sand on the debt committee, declining to join Republicans in ruling out key policy options.
Nancy Pelosi says she’s got a secret plan to prevent future legislative hostage crises.
Deal done.
Sen. Harry Reid (D-NV) in a statement just now, announcing agreement to end the current impasse that’s left thousands of FAA employees furloughed:
“I am pleased to announce that we have been able to broker a bipartisan compromise between the House and the Senate to put 74,000 transportation and construction workers back to work. This agreement does not resolve the important differences that still remain.
Our story soon…
The latest edition in Mike Huckabee’s kids educational cartoon series is out. This episode is about 9/11 and how Bush killed bin Laden.
New Mexico Mayor: “The day I signed [those contracts] I had way too much to drink.”
Call it “The Million Dollar Mystery”: a short-lived firm donates that amount of money to a pro-Romney Super PAC and is then dissolved soon after. Now watchdog groups are howling. Welcome, once again, to a post-Citizens United world.
The good news – the U.S. economy added a better than expected 117k jobs in July.
The bad news – it’s not nearly enough to signal a real recovery.