Krugman: Right's 'Madness', S&P Ineptitude Conjured Downgrade OK, so Standard and Poors has gone ahead with the threatened downgrade. It’s a strange situation. There is a case to be made that the madness of the right has made America a fundamentally unsound nation. And yes, it is the madness of the right.
Progressives Unveil 'Contract' to Counter Austerity Push In the wake of the deal to raise the nation's debt ceiling, widely viewed as yet another setback for the progressive community, advocacy groups on the left are redoubling efforts to change the political narrative.
GOP Candidate Romney: "Corporations Are People" Speaking to an occasionally rowdy crowd two days before the Ames Straw poll, Republican presidential candidate Mitt Romney made what seems likely to become a much-discussed flub, declaring to a group of Iowans that "corporations are people."
UK Looters Say of Bankers: 'They Set the Example' The riots that turned London and some other English cities upside down this week have raised questions about the sustainability of spending cuts and a widening gap between rich and poor..
Obama Sides w/ Panetta: Medicare Cuts Over Defense Last week, Congressional Democrats were blindsided by newly-confirmed Defense Secretary Leon Panetta, who basically nixed any further cuts to military spending, and demanded that lawmakers trim from programs like Medicare and raise taxes to reduce future deficits.
Progress But No Takeover: WI Recalls Claim 2 GOP Seats Five months to the day after the Republican majority in the Wisconsin State Senate voted to approve Governor Scott Walker's plan to strip most collective bargaining rights from public emloyees, two of the most governor's most prominent allies in the chamber have been removed from office.
Town Hall Anger Returns on the Left Still licking their wounds from what liberals believe was a capitulation by President Barack Obama and congressional Democrats on the debt deal, liberal activists online are consoling themselves with — and pushing — confrontations at congressional town hall meetings..
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