Posts Tagged ‘bailouts’

Obama’s PATCO; the Fed’s Wikileaks; Jobs

(1) Obama’s PATCO? Is the Federal Pay Freeze Obama’s PATCO? asks Mike Elk at In These Times‘s labor blog Working In These Times. “The Obama Administration, looking to bolster its deficit-cutting credentials and show its desire to take on what some label a “special interest”—organized labor—yesterday announced a two-year freeze on the wages of all ...Read more.

Recession Long Over! (?); plus: Thank God for Bailouts!

(1) Recession Ended in June ’09, Declares NBER: The Business Cycle Dating Committee of the National Bureau of Economic Research declared yesterday that the Great Recession (not the term they used) had ended in June of 2009. From the press release: CAMBRIDGE September 20, 2010 – The Business Cycle Dating Committee of the National Bureau ...Read more.

#OccupyBoston #OccupyWallStreet Alejandro Reuss Arjun Jayadev Arthur MacEwan ASSA austerity banking regulation Bank of America Boeing climate change David Graeber Dean Baker debt deficit deficits economics profession Egypt financial regulation foreclosures Gar Alperovitz Goldman Sachs Greece Hosni Mubarak inequality interest-rate swaps Jeannette Wicks-Lim John Miller Mark Engler Naked Capitalism Paul Krugman police brutality Polly Cleveland public-sector workers QE2 Rick Wolff Social Security taxes the Fed unemployment unions uprising Wikileaks William K. Black Wisconsin