Paul Krugman: Extending Bush Tax Cuts Will Decimate Social Security

I quote:

the only way to cut spending enough to pay for the Bush tax cuts in the long run would be to dismantle large parts of Social Security and Medicare.

That got my attention this morning.  Krugman's a Nobel Laureate in economics, and I am not.  He was right that the stimulus was too small, and that it would be hard to go back for a second bite at that Apple.

Date: Mon, 12/06/2010 - 06:45

Condomgate: Assange's Rape Charges May Hinge On Whether Sex Was Unprotected

As government officials around the world decry Julian Assange's Wikileaks, the story around his Swedish sex charges gets increasingly murky.

Date: Mon, 12/06/2010 - 06:37

Watch: Bill Maher Says Republicans “Love Truth, Hate Facts”

 Bill Maher made an appearance on CNN with Fareed Zakaria yesterday, and made some typically incisive, brilliant comments about Congress. In characterizing Republicans on the public option, he quipped, “the Republicans would be, 'No, our health plan is Drop Dead'... or, they maybe would have improved it: 'Go Screw Yourself Plus.” He also criticized the Dems for capitulating on the topic and characterized the Republicans as loving the truth, but hating the facts. A worthwhile critique.

Date: Mon, 12/06/2010 - 05:21

Gross: Wall Street Considers Early Bonuses if Bush Tax Cuts Get Slashed

In perhaps one of the starkest examples of why the Bush Tax Cuts for rich people need to be cut, Wall Street is considering speeding up its notoriously fat bonuses in case their disproportionate tax breaks come to an end. Generally offered at the beginning of the year, Goldman Sachs and other firms may dole out the dough this month in lieu of being taxed more under an Obama plan.

Date: Mon, 12/06/2010 - 04:41

As Climate Talks Plod Along, The World Burns

As the world’s environmental ministers arrive in Cancun, Mexico, for the 19th year of negotiations to address global warming pollution, new climate disasters are killing people across the planet.

Date: Mon, 12/06/2010 - 04:05

Exposed: 6 Places Most Essential to National Security, And for Odd Reasons

The latest Wikileaks cables, released Saturday, included a list of places abroad that are essential to US national security, compiled in 2009 at the behest of the State Department in order"to strengthen national preparedness, timely response, and rapid recovery in the event of an attack, natural disaster or other emergency".

Date: Mon, 12/06/2010 - 02:46

Cynical Republicans Barter Unemployment Benefits for Rich Tax Cuts

Congress is close to making a deal on tax cuts... but the Democrats aren't too happy about it. Republicans are said to have dangled jobless benefits like a carrot in order to extend their beloved tax cuts for rich people, along with relief for the middle class. The New York Times:

Date: Mon, 12/06/2010 - 02:28

Right-wingers Trying to Oust Speaker of Texas State House Because He's Jewish

Ordinarily, who gets elected Speaker of the Texas state House would only be of interest to those in Texas. But the current dispute in Austin has a larger significance.

The current state House Speaker is Joe Straus, a conservative Republican leading a conservative Republican majority. He's currently facing a challenge from state Rep. Ken Paxton, who appears to agree with Straus on nearly everything.

So what makes this noteworthy? Straus is Jewish, and some far-right activists in Texas have a problem with that.

Date: Sun, 12/05/2010 - 10:15

7 Environmental Disasters Killing People Across the Planet As Climate Talks Plod Along

As the world’s environmental ministers arrive in Cancun, Mexico, for the 19th year of negotiations to address global warming pollution, new climate disasters are killing people across the planet.

Date: Sun, 12/05/2010 - 10:06

WATCH: Senator's Impassioned Speech: "There Is a War Being Waged Against the Working Families of America"

Independent Vermont Senator Bernie Sanders gave a lively, impassioned speech before Congress earlier this week on how the U.S. is becoming a banana republic and waging a war against its working families.

Date: Sat, 12/04/2010 - 07:31