Archive for July 26th, 2011
Deep corporate pockets have been drafting “model legislation” designed to put corporate profits before the health, welfare and political influence of ordinary people. Keith Olbermann discusses ALEC with John Nichols, Washington Correspondent with The Nation:
I don’t claim to have the expertise to cut through all of the yelling about the deficit. I do have some instincts, though, and many of those instincts were reinforced in a recent article by Arianna Huffington:
What’s more, these extended, deadline-pushing theatrics are utterly unnecessary. There was no reason an agreement on the long-term deficit had to be coupled to raising the debt ceiling. The latter dates from the days of World War I, and has been raised, routinely, dozens and dozens of times. It was raised 18 times under Reagan. It was raised seven times under George W. Bush.