Archive for April 10th, 2009

Economic Snapshot for April 2009

Economic Outlook SOURCE: AP/Ted S. Warren Job seekers wait in line at a career fair in Bellevue, Washington. The unemployment rate rose to 8.5 percent in March. By Christian E. Weller | April 7, 2009 The current recession is the worst the U.S. economy has seen in decades. Mounting job and wealth losses are accelerating [...]

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Democrats for Rich Heirs?

By Michael Kinsley Friday, April 10, 2009 Members of Congress across the political spectrum have had fun the past few weeks playing umbrage leapfrog regarding the bonuses to executives at AIG and other companies. Who can express more indignation over the spectacle of greedheads taking billions in government bailout money and then carting millions of [...]

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Krauthammer Desperately Seeking Nail

Swampland FRIDAY, APRIL 10, 2009 AT 10:02 AM Posted by Joe Klein | Charles Krauthammer, the ultimate bleating-heart neoconservative, is all atwitter over Barack Obama’s foreign trip. Where most rational observers saw a significant U.S. triumph, the beginning of our reconciliation with the rest of the world after eight years of stupid bellicosity, destructive threats [...]

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Social Security’s Surplus Disappearing Fast in Downturn

Time.com By JUSTIN FOX Thursday, Apr. 09, 2009 Thomas Cain / Getty Federal budget worrywarts (myself included) have been fretting for years about the arrival of the Dread Fiscal Year 2017, when Social Security was projected to start becoming a drag on federal finances. Well, no need to worry about 2017 any more. Thanks to [...]

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Obama Pledges New Data System for Veterans

By David Brown Washington Post Staff Writer Friday, April 10, 2009 President Obama said yesterday that his administration will create an electronic record for veterans that will “contain their administrative and medical information from the day they first enlist to the day that they are laid to rest.” Research has shown that the handoff of [...]

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Where Did the Worst of Bush’s Cronies Go? To Work for Corporate Media.

By Eric Alterman, The Daily Beast. Posted April 10, 2009. In a post-Bush world Karl Rove and friends have just as deadly a job, only these days you’ll find them posing for the media as pundits. When you consider the respective achievements of the folks who peopled the upper echelons of the Bush administration, I [...]

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