interest rate

The next time some finger-waver at the Washington Post op-ed page calls for austerity, someone should point him to, you know, reality. Because reality right now is telling us that austerity is not only painful but wholly counterproductive. Read more...
And of course every time Galbraith says this, wingnut heads explode. Ezra Klein interviews economist Jamie Galbraith: EK: You think the danger pose Read more...
From Sen. Chris Dodd--Republicans Block Dodd’s Effort to Immediately Stop Credit Card Rate Hikes: Senate Republicans blocked Banking Committee Ch Read more...
(Hi, dday here from Hullabaloo and Calitics and my own site D-Day. Thanks to John for having me over for the week to fill in for Dave Neiwert.) I don Read more...
Of course the banks are up in arms about any legislation that would turn off the usury spigot they've milked for decades. Ann Logue at Popdose point Read more...

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The Fed lowered their lending rate to between 0 and .25% yesterday in an attempt to combat the Bush recession: In theory, the Fed's action should r Read more...
Ever since Kevin Drum invented it, centuries ago in blog years, Friday Cat Blogging has been a tradition in the reality-based community. So, here's a Read more...
Ryan responds to the WATB complaints by the Repubs over the the new spending bill that was just passed. [media id=238] [media id=239] (rough transcr Read more...
Check out this video from ABC News: "Rising interest rates squeeze homeowners to the breaking point." (h/t Joan) Read more...
via ctx3 "... On NPR this morning I was listening to his interview with Diane Rehm and he was discussing his bankruptcy bill that is being debated in Read more...