Blog Archive: October, 2009

Higher Ed Slashed, Left Dripping in Red

October 31, 2009

The Chronicle of Higher Education released a survey of chief financial officers at four-year universities across the country and it is no treat; their outlook for this budget year (FY 2010) was gloomy, by next year? Even scarier. read more »

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The National Security Supply Chain

By Natasha Chart

October 30, 2009

Did you know that the Army can no longer purchase domestically produced Howitzer triggers? Yesterday at the Building the New Economy conference, Carolyn Bartholomew, chair of the U.S.-China Economic and Security Review Commission explained that she'd seen this news turn on lightbulbs in the minds of Republicans as to why it's important to preserve manufacturing capacity in America. read more »

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Failure is Their Only Option

By Terrance Heath

October 30, 2009

Steve Benen asks a question about the Republican health care reform plan — or lack thereof — that I'm certain I've seen answered already.

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Progressive Breakfast: The Net Domestic Product

By Isaiah J. Poole

October 30, 2009

The daily Progressive Breakfast serves up what progressive movement members need to know to start their day. Bill Scher is traveling; he will return Monday.

Thursday's news that the nation's gross domestic product grew at an annual rate of 3.5 percent in the third quarter comes with a lot of asterisks. A few of them:

“Historic Moment?” Pelosi Unveils House Version of Health Care Bill

By Ashley LoBuglio

October 29, 2009

On Capitol Hill today after months of debate, the House unveiled its version of the health care bill. The bill merges terms from three separate bills written by three different House committees. read more »

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From Crash to Meltdown in 80 Years

By Terrance Heath

October 29, 2009

It's was 80 years ago this week that the Crash of 1929 kicked off the Great Depression.

Not quite 79 years later, the fall of Lehman Brothers on September 15, 2008, sent the stock market into a meltdown precipitated by the crises of such Wall Street Giants as Bear Stears and AIG, among others.

Comparisons between now and then are, of course, inevitable.

Wall Street Pukes On Our Shoes

By Dave Johnson

October 29, 2009

At the New Economy Conference, Leo Gerard of the United Steelworkers just said that deregulating Wall Street was like leaving a 3 year old in a candy store unsupervised for a day. read more »

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Escaping the Claws of Wall Street and Building an Economy on Making Things

By Mike Elk

October 29, 2009

Today, the Campaign for America’s Future is holding a “Building the New Economy” conference. As we build the new economy, it’s important we build one not based on the assets bubbles of the past but on the firm rock of manufacturing.

As AFL-CIO President Richard Trumka argues: