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It's the Priests vs. the Nuns -- Again
The Census and Me -- Life in 10-Year Chunks
Michelle Obama Rejects Demonizing Twinkies In Her Anti-Obesity Crusade
Massachusetts Study: Health Care Reform Reduced Abortions
Women's Vote Will Likely Decide British Elections
Can the 'Bush Lied' Deniers Handle the Truth?
Democrats' Dilemma: Health Care Vote and the 'Enthusiasm Gap'
Pro-life Rep. Perriello Says Abortion Concerns Eased, May Back Health Bill
Chaos Theory - New Textbooks, Y'all!
Iraq War Debate: Surge Success, Intelligence Mistakes, Civilian Casualties- Huge Student Loan Overhaul Set to Be Tacked Onto Health Care Reform
Michelle Obama Takes Anti-Obesity Drive to Food Makers
Wall Street
Dodd Trying Again With Wall Street Reform, Vows Passage This Year
By Tom Diemer
Senate Democrats have not given up on pushing through a major overhaul of the way the federal government polices Wall Street and other financial institutions. Sen. Chris Dodd (D-Conn.), chairman of the Senate Banking Committee, offered a revised "Restoring American Financial Stability" bill Monday ...
Retail Sales Up in February, Surprising Economists
By Tom Diemer
Retail sales rose in February despite the bad weather, surprising the economists (and they are often surprised) who expected a decline. Sales for the month climbed 0.3 percent, the Commerce Department reported. That may not sound like much, but it's 3.9 percent better than February 2009 and a jolt ...
Federal Reserve Vacancies Spell Opportunity for Obama
By Tom Diemer
The members of the Federal Reserve board may be nameless and faceless to the general public, but the announcement that Vice Chairman Donald L. Kohn is retiring opens up a huge opportunity for President Obama, who soon will have three vacancies to fill on the central bank's seven-member body. The ...
Watchdogs: From Medicare Waste to Dirty Money, Helping Readers See the Connections
By James GradyThe Senate Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security . . . Yes, there's still some of the world they don't cover. . . . is scheduled Wednesday to open hearings on waste, fraud and abuse in Medicare's $49 billion-a-year ...
Liberals Push for New Consumer Cop as Part of Financial Reform Bill
By Tom Diemer
A dispute over whether to create a new consumer protection agency has stalled the latest attempt to win Senate approval for a financial reform bill establishing stronger government oversight of Wall Street. The Obama administration and Senate Banking Committee Chairman Chris Dodd (R-Conn.) have ...
AIG Still Losing Big Bucks; Uptick Noted in GDP
By Tom DiemerTroubled insurance giant AIG reported losses of nearly $8.9 billion in the fourth quarter of 2009 and warned that it may need more federal help to keep its general insurance business going, the AP reported Friday. The fourth quarter figures were actually an improvement from the $61.7 billion in ...
Wall Street Political Donations Move to GOP
By Christopher WeberPolitical donations from Wall Street firms are increasingly going to Republicans after Democrats promised to crack down on lending practices, outsize profits, and fat executive bonuses, according to new research. The Center for Responsive Politics found that banks and their workers gave nearly ...
Bank Loans Down by $587 Billion in '09
By Tom Diemer
The reality of the recession and shrinking money supply got another hard, cold fact check Tuesday with word that bank lending was down by $587 billion last year, a 7.5 percent drop, marking the deepest annual decline since the 1940s. Sheila Bair, chairwoman of the Federal Deposit Insurance Corp., ...
DNC's Aggressive New Ad Attacks Republicans' Defense of Wall Street
By David SessionsA new television spot released Friday by the Democratic National Committee presents an aggressive populist message and attempts to connect Republicans with unpopular banks and financial institutions. The ad, titled "They're Doing It Again," criticizes the GOP for fighting financial reform and ...
Senators Seek Bonus Tax for Companies That Took Bailout Funds
By Christopher WeberTwo Democratic senators introduced a bill Thursday that would tax bonuses given by companies that received the most government bailout money during 2009. The measure by Sens. Barbara Boxer (D-Calif.) and Jim Webb (D-Va.) would institute a 50 percent tax on bonuses above $400,000 for firms that took ...
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