Bush Administration Advanced Solyndra Loan Guarantee for Two Years, Media Blow the Story

Stephen Lacey and Richard Caperton report in Exclusive Timeline: Bush Administration Advanced Solyndra Loan Guarantee for Two Years, Media Blow the Story: It’s often claimed that the Solyndra loan guarantee was “rushed through” by the Obama Administration for political reasons. In fact, the Solyndra loan guarantee was a multi-year process that the Bush Administration launched…

Quick link: “Rich people don’t create jobs” — Seattle rich guy

“Rich people don’t create jobs” — Seattle rich guy Jobs and prosperity are hurt — not helped — by a tax system that bestows its bounty on the super-rich and saps the middle class of buying power, according to a prominent Seattle entrepreneur. … The super-rich paid about 40 percent in taxes during the prosperous…

Obamacare the path to single-payer? Or to insurance companies as utilities?

There’s a provision of the Patient Protection and Affordable Care Act (“Obamacare”) “called the medical loss ratio, that requires health insurance companies to spend 80% of the consumers’ premium dollars they collect—85% for large group insurers—on actual medical care rather than overhead, marketing expenses and profit.” The Bomb Buried In Obamacare Explodes Today-Hallelujah! Today, the…

Wall Street Journal opinion piece says: free market fundamentalism is losing

China’s Superior Economic Model The free-market fundamentalist economic model is being thrown onto the trash heap of history. “The conservative-preferred, free-market fundamentalist, shareholder-only model—so successful in the 20th century—is being thrown onto the trash heap of history in the 21st century. In an era when countries need to become economic teams, Team USA’s results—a jobless…

Why the 1% wins in Washington State

Republicans, “moderate” Dems, and their corporate allies manufactured a budget crisis by handing out tax giveaways to the rich, by wasting trillions of dollars on unnecessary wars, by widespread corruption, and by recklessly deregulating and bailing out Wall Street, Big Oil, and other corporations. Washington State, which has one of the most regressive tax systems…

Can the Occupy Movement work with progressive Dems, Labor, and MoveOn?

Can the further Left (Occupiers, anarchists, and Socialists) work, in some fashion, with the nearer Left (progressive Democrats, Labor, and groups like MoveOn.org)?  Can the Occupy Movement work with allies without feeling co-opted? [Note: I posted this at OpEdNews as well; see the numerous comments there.    An earlier name for this article was “On Occupying…

Gregoire calls for 1/2 cent increase in sales tax. What about eliminating tax exemptions?

Kudos to Gov Gregoire for having the guts to propose a 1/2 cent sales tax hike to help cover the expected $2 billion state revenue shortfall.  The Seattle P-I reports the governor as saying, “I can’t stomach the cuts, I can’t. I can’t cut education more.” But the sales tax is highly regressive. Far better…