Progressive News Feeds

Few news outlets are more sympathetic to the financial services industry than the Wall Street Journal . So it’s interesting when the paper reports from London that “antibanking sentiment here is still off the charts,” leaving the industry “gun shy about flaunting wealth.” That was also true at the Olympics, even though “The games are typically one of the biggest corporate schmoozefests on the calendar.” This is part of what the Journal calls “a wave of banker austerity,” with executives skipping the usual “hired black sedan” and champagne, and even resorting to putting up important clients in mere three- or four-star hotels.

Tags: artists, economy, environment, food, headlines, health, historian, olympics, politics, progressive news

Vice-presidential hopeful Paul Ryan has a giant liability for someone hailed for his economic vision: He knows next to nothing about the facts of economic history. Ryan is celebrated by Republicans as a “super-wonk” who “masterfully and forcefully presents his free market, fiscal-policy beliefs” and brings “serious economic firepower” to the Republican ticket

Tags: alternet, congress, daily kos, politics, president, science, slate, united-states

Over the weekend, the Richmonder blog broke what looked like a whopper of a story: that Republican vice-presidential hopeful Paul Ryan had lined his pockets from information he had obtained from a now-legendary meeting that took place on September 18, 2008. On that day, Fed Chairman Ben Bernanke and then-Treasury Secretary Hank Paulson broke the news to congressional leaders that they would have to approve a bailout to avert a complete meltdown of the financial system

Tags: activism, alternet, america, author, drugs, economy, feeds, internet, media, politics, us federal reserve, white house

“The reason I got involved in public service, by and large, if I had to credit one thinker, one person,  it would be Ayn Rand .” That’s freshly minted GOP vice-presidential candidate Paul Ryan talking — statements he would eventually  recant – at a party celebrating what would have been the prolific author’s 100th birthday,  Rand’s books are a big driver in the long-term right-wing campaign to delude millions of people into believing that there’s no such thing as society — that everyone must look out only for themselves. Lately, Rand’s work has enjoyed a major revival of interest.

Tags: economics, economy, environment, infrastructure, pennsylvania, philosophy, political, politics, progressive news, social security, video

UK Deputy Prime Minister Nick Clegg confirms coalition government will not proceed with House of Lords reform bill – @BBCNews.

Tags: affordable care act, afghanistan, barack-obama, breaking news, elections, entertainment, harry reid, hillary-clinton, label, progressive news, south-korea, technology

Two years later, the Democratic group Organizing for America , formed to keep mobilizing the president’s supporters after Obama was elected, released a mobile app that was in some ways a prototype of Obama’s new app.

Tags: articles, author, barack-obama, economy, enterprise, feeds, progressive news, sponsor, war

Russian Prime Minister calls for personal responsibility for forest fires – @ria_novosti.

Tags: africa, entertainment, feeds, hillary-clinton, kenya, olympics, pakistan, pennsylvania, politics, progressive news, social issues, war

Thailand’s prime minister faces a no-confidence debate – @BPbreakingnews.

Tags: afghanistan, airport, elections, facebook, harry reid, julian-assange, media, white house

From: George Zornick George Zornick The JPMorgan Chase CEO sits on the New York Federal Reserve Board of Governors, which is a clear conflict of interest. 

Tags: author, ceo, economist, function-load, j.p. morgan chase, jamie dimon, professor, progressive news, us federal reserve, var-addtl, var-oldonload

Robert Scheer Does anyone care that the economy is floundering and that we are not getting out of this crisis anytime soon?

Tags: atlanta, author, economy, election-2012, function-load, las vegas, new york times, robert scheer, script, typeof-window-onload, var-oldonload, wall street journal