Jul 27 China’s Communism and Capitalism: The New Yin Yang? By Paul Solman The short third installment of Yoram Bauman's vlog from China is well worth the watching, highlighting the tension between the "official" China and what's really going on there. Communist Party founder Mao AND $300,000 Porsches? Yoram asks. "Do… Continue reading
Jul 27 Boehner Heads Back to the Drawing Board as His Debt Plan Hits Snag A vote on Speaker John Boehner's debt plan was delayed after the CBO said it would save less than advertised. Photo by Alex Wong/Getty Images. House Speaker John Boehner was already having trouble with his right flank in… Continue reading
Jul 26 Watch From Ball and Chain to Cap and Gown: Getting a B.A. Behind Bars What college is tougher to get into than Harvard, Princeton or Yale? Bard College. Not the campus in Annandale-on-Hudson, N.Y., but the one behind bars in five Empire State prisons. The privately funded Bard Prison Initiative is putting convicts through… Continue watching
Jul 26 Watch Study: Housing Bust Hit U.S. Minority Households Especially Hard As the economy struggles to rebound, a new analysis of Census data shows a widening wealth gap among white, black and Hispanic Americans. Gwen Ifill discusses the results of a new study with the Pew Research Center's Paul Taylor and… Continue watching
Jul 26 Can the Boehner Plan Pass? Update, 3 p.m. ET | According to a just-released statement, "The Administration strongly opposes House passage of the amendment in the nature of a substitute to S. 627. If S. 627 is presented to the President, the… Continue reading
Jul 26 The ‘Bond Vigilantes’ and the Debt Ceiling Crisis: No Need to Panic or Lying in Wait? By Paul Solman Harvard's eminent trade economist, Robert Lawrence, gave a talk in Greece this month. Among his slides was this image with the headline: "The Vigilantes are Asleep!" Slide image courtesy of Robert Lawrence. That would be the so-called "bond vigilantes"… Continue reading
Jul 26 The ‘Bond Vigilantes’ and the Debt Ceiling Crisis: No Need to Panic or Lying in Wait? Harvard's eminent trade economist, Robert Lawrence, gave a talk in Greece this month. Among his slides was this image with the headline: "The Vigilantes are Asleep!" Slide image courtesy of Robert Lawrence. That would be the so-called "bond… Continue reading
Jul 26 No Deal in Sight After President Obama, Speaker Boehner Address Nation President Obama and House Speaker John Boehner address the nation. President Obama and House Speaker John Boehner, R-Ohio, both delivered primetime television addresses to the nation Monday night appealing to the American people to see it their way… Continue reading
Jul 25 Watch LaHood on FAA Furloughs: Congress Must Pass Long-Term Funding LaHood on FAA Furloughs: Congress Needs to Pass Long-Term Funding… Continue watching
Jul 25 Watch Party Leaders Dismiss Rival Debt Plans as Debate Hits Home Stretch As Debt Crisis Drags On, Fallout for Consumers Still Unclear… Continue watching