It’s a good thing Germany didn’t follow the advice it’s giving Greece in 1945.
Robert Kuttner
Posted inMoney, Politics, and Power
The Mortgage Deal with the Devil
The long-awaited housing-crisis plan will have little impact if authorities refuse to prosecute banks.
Posted inEconomic Policy
Force-Fed
The Federal Reserve promises very low interest rates—will that be enough?
Posted inMoney, Politics, and Power
The Scarlet Tax Return
Mitt Romney embodies what’s wrong with the economy and gives the president an opening to champion a progressive code.
Posted inMoney, Politics, and Power
Poetic Justice
Mitt Romney’s rise has turned some Republicans from cheerleaders of private equity into its biggest critics.
Posted inEconomic Policy
Glacial Progress on Jobs
The new jobs numbers are good, but is it too much to ask for unemployment to drop before the next Ice Age hits?
Posted inBooks, Arts and Culture
Tocqueville for Toffs
Common people have to reclaim democratic civic society from moneyed interests.
Posted inMoney, Politics, and Power
Earning Their Hatred
Americans love a fighter more than a punching bag.
Posted inEconomic Policy
The SEC Does Wall Street’s Bidding
The SEC Doing Wall Street’s Bidding Robert Kuttner In the right-wing revisionism of what caused the financial collapse, Fannie Mae and Freddie Mac are leading villains with the federal Community Reinvestment Act in a supporting role. Supposedly, Fannie and Freddie lowered their standards, purchased lots of subprime mortgages, and were major contributors to the housing […]
Posted inMoney, Politics, and Power
House GOP’s White House Stocking Stuffer: The Payroll Tax Cut
The cave-in by the House Republicans on the payroll tax is on terms that keeps this conflict going well into the election year–and on terms very favorable to Barack Obama and the Democrats. For the GOP, the two-month extension of the payroll tax cut is the worst possible politics. First, they look weak (because they […]
