Our friend Lee Camp is at it again:
Political donations down; special-interest lobbying up: Why's that?
At the moment, it’s a bad time to be a political fundraiser. The deep pockets of corporate and other donors normally counted on to keep the election money machine well-oiled have suddenly […]
Paulson's rescue plan: Rearranging deck chairs on the Titanic

By Martin Bosworth I was deeply amused to read the breathless news coverage of Hammerin’ Hank Paulson’s “ambitious” and “sweeping” plans to restructure the federal financial regulatory structure. It says something about […]
No country for the middle class: Scenes from an economic disaster

By Martin Bosworth I recently had the pleasure of seeing “No Country For Old Men,” the Oscar-winning adaptation of Cormac McCarthy’s novel of a drug deal gone bad and how one man’s […]
John and Elizabeth Edwards agree: Getting us out of Iraq can end the recession
By Martin Bosworth After the sad event that was John Edwards ending his run for president, I wondered what he would do with himself next. While Clinton and Obama furiously courted him […]
Countrywide CEO foregoes plush payoff package–but don't feel too sorry for him

By Martin Bosworth Why is this man smiling? Angelo Mozilo, the well-tanned and always smiling soon-to-be-ex-CEO of failed mortgage lender Countrywide, announced today that he would magnanimously give up his massive severance […]
Getting us out of Iraq can get us out of recession
By Martin Bosworth The American Prospect’s Harold Meyerson has an op-ed in the Washington Post today outlining the nature of the coming recession, and how our economic response is going to have […]
Fed prepares to “move the goalposts” to delay recession; Greenspan says “Not my fault”
By Martin Bosworth The phrase “moving the goalposts” has been applied most heavily in public discourse of late to the Bush regime’s “strategery” regarding the Iraq war. Through the “surge” and constant […]
Is the perfect real estate storm about to pop the housing bubble?
I’ve been waiting for the housing crash for awhile. I’m not an expert, but it has seemed to me that we have: a lot of empty existing units; a ridiculous excess of […]