Recent Blog Posts
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The Bill That Wouldn’t Die
Nov 21 20099:30 pm EDT -
Republicans Talk Turkey on Health Care
Nov 20 20093:54 pm EDT -
Contracts Stolen From Veterans
Nov 19 20093:57 pm EDT -
Main Street's Credit Crunch
Nov 18 20095:41 pm EDT -
Criminalizing Failure
Nov 17 20095:55 pm EDT -
Casablanca on the Potomac
Nov 16 20095:22 pm EDT -
So Big It Will Fail?
Nov 10 20093:02 pm EDT -
Health Care’s ‘Wild West’
Nov 09 20093:57 pm EDT -
Obama's Secret Jobs Plan
Nov 06 20093:13 pm EDT -
Health Bill Wins Key Support
Nov 05 20093:15 pm EDT
Links
- Tapped: The American Prospect
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- National Review
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- Real Clear Politics
- The Political Animal
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Jan 15 2008 12:00am EDT
The Next Shoe: Credit Cards
The bad credit card numbers that Citigroup put out today are in keeping with what Austan Goolsbee, Barack Obama's top economic adviser, fears is the next shoe to drop. What would widespread credit card defaults mean for the financial sector, the economy, the election?
Henry Ford famously said that he did better when people could afford his cars. We're seeing what happens how the woes on Main Street can pummel Wall Street. No kidding.
