March 6 – 12, 2008
Tag: economy
Jim Moran’s News Commentary
A new financial player has emerged on the international finance scene. Known as Sovereign Wealth Funds (SWFs), these state-controlled investment vehicles, fueled largely by record oil profits, are having a big impact on the U.S. economy and beyond. To help our nation respond to these new actors in international finance, […]
Anything But Straight: Boycott Jamaica
Gay bashing in Jamaica is so prevalent that in 2006 Time magazine wrote an article about the island headlined, “The Most Homophobic Place On Earth?” The New York Times this week showed that the anti-gay climate has only worsened, with the island caught in a downward spiral of outright psychosis. […]
Paul Krugman: Don
Will the next president be the second coming of Jimmy Carter? Given Thursday’s economic headlines, full of dire warnings about the return of 1970s-style stagflation, you might think so.
Jim Moran’s News Commentary
Filing your annual tax return with the IRS can be a pain. But this year, the pain will be worth it – even if a person does not have enough income to necessitate filing. That is because if you make under $75,000 as an individual, $150,000 if you file jointly […]
Gov. Kaine: Sen. Webb Would Be Great Running Mate for Obama
With the Feb. 12 Democratic primary in Virginia now on the horizon, Virginia Governor Tim Kaine, an early supporter of U.S. Sen. Barack Obama, told the News-Press in Richmond last week that he felt Obama, if nominated, “would be well served” by selecting Virginia’s junior U.S. Sen. Jim Webb as […]
Jim Moran’s News Commentary
The House passed an economic stimulus package this week. The deal, brokered by Speaker Pelosi and Minority Leader Boehner, in concert with President Bush, provides a timely, temporary and targeted boost to the U.S. economy in order to avoid a looming recession or lessen its impact.
Helen Thomas: Bush Plans To Leave A Lot Of Unfinished Business
WASHINGTON — With a year to go in the White House, President Bush has said he will sprint to the finish line.
Nicholas F. Benton: Panic Overtakes Recession Fears
The operative word this week was not “recession,” but “panic.” It even made it into the banner headline of the Washington Post. A “cat crossed your grave” shudder swept over the planet at the beginning of the week, sending markets reeling and investors running and screaming in the streets from […]
Paul Krugman: Debunking The Reagan Myth
Historical narratives matter. That’s why conservatives are still writing books denouncing FDR and the New Deal; they understand that the way Americans perceive bygone eras, even eras from the seemingly distant past, affects politics today.