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C&L Opening Bell: How Screwed Are American Homeowners?

The answer is, "Extremely." But that doesn't even begin to do it justice, so I consulted the thesaurus, mashed up a bunch of different synonyms and came up with a whole new adjective: "Extrimmensaordinarily." That's pretty bad, if you couldn't

Austerity's Failure: Ireland Finally Asks For Help

When Ireland made the decision to protect all of its banks from losses and cover those losses by imposing austerity measures in 2008, Paul Krugman made hash of the conservatives' argument for adopting that policy. As it turns out, he was right.

Sharron Angle: Sharia Law Has "Taken Hold" Here In US

Sweet Jesus, you just can't fix this level of stupid: Did extremist Senate candidate Sharron Angle (R) really say Sharia law has "taken hold" in some U.S. cities? Pretty much. One of the last questioners asked about "Muslims taking over

Brace Yourselves For A Tax Cut Extension

Ezra Klein's post on CBO chief Doug Elmendorf's testimony today before the Senate Finance Committee frames it in a positive light, based upon this chart which clearly indicates that extended tax cuts will actually reduce income in 2020 if the Bush

Mike's Blog Roundup

Infrastructurist: Conservative mag tells conservatives why they should care about public transit The Mahablog: No cause, just movement Climate Progress: Judge rules against Cuccinelli's witch-hunt aimed at Michael Mann and climate

Biden: Iran's Influence In Iraq "Greatly Exaggerated"

Good ol' Joe strikes against the neocons' drumbeat for war: Iran's influence in Iraq has been exaggerated and Tehran's efforts to shape parliamentary elections in the country "utterly failed," US Vice President Joe Biden said on