Posts by Jefferson Morley
Bonus Bacon
Mary’s blog post this morning on The Washington Post’s report today that Fannie Mae is going to pay bonuses to four top executives offers a test of the truism that failure pays in Washington as well as Wall Street. Case in point: Fannie Mae vice president Kenneth Bacon who is slated to receive $1 [...]
What’s Wrong With The Post’s AIG Debate?
Here’s The Washington Post’s idea of debate on AIG:
The leadoff contributor to the op-ed page’s ‘”Topic A” section is former AIG CEO Maurice Greenberg, who was forced out of the firm in 2005 amidst a fraud investigation that (mostly) ended without charges. Greenberg argues “the Obama administration should allow AIG to rebuild itself and earn [...]
Why Obama Will Stay Bipartisan
John Harwood of The New York Times has sketched an emerging scenario in which the Obama administration seeks comprehensive health care and energy reform without significant Republican support. Democrats are increasingly talking about abandoning the pretense of bipartisanship and putting the historic legislation in a filibuster-proof budget resolution could be passed by simple Democratic majorities [...]
GOPers Flip on ‘Cap and Trade’
Last year several Senate Republicans supported the “cap and trade” idea, but are now shying from President Obama’s push.
Climate Change Equivocator Meets Enviro-Prankster
Is pleading ignorance the new spin of the coal industry? A leading spokesman for the coal lobby told CNN today that he “didn’t know” if burning coal causes global warming, reports DeSmog blogger Kevin Grandia. When CNN’s Joe Acosta asked Joe Lucas, the vice president of the Americans for Clean Coal Electricity, “Can you just [...]
Another One Bites the (Coal) Dust
The coal industry just lost another one. Alliant Energy announced it is canceling a proposed $1.8 billion power plant in Marshalltown, Iowa. Despite new publicity campaigns from groups like the American Coalition for Clean Coal Electricity and America’s Power, the Iowa project is the 94th proposed coal plant defeated in the past two years, according [...]
Crackdown on Offshore Havens Faces Hurdles
The political moment is right for ending off-shore tax evasion tactics, but obstacles stand in the way.
Pharma Stays Inside the Tent
Both wings of the pharameceutical industry–brand name producers and generic manufacturers–are praising the White House choice of Kansas Gov. Kathleen Sebelius and Tennesee health policy expert Nancy-Anne DeParle to lead the administration’s health care reform effort, according to Pharma Times.
More Evidence Obama Won’t Discourage Charity
Bloomberg’s Ryan Donmoyer digs deeper into the question of whether the administration’s plan to scale back deductability of charity donations by wealthy Americans will hurt the non-profit sector. His report today generally confirms the analysis of the Center for Budget and Policy Priorities reported here yesterday.
“Given the size of the change we’re talking about,” Williams [...]
Can the Coen Brothers Sway Jeremy Starks?
Its a “clean coal” culture war.
Last week, the Coen Brothers, Hollywood wise guys with a dozen feature films to their credit, released a satiric 30-second television ad, in which a cheery flak sprays a suburban home with dark dust while intoning that “clean coal harnesses the awesome power of the word ‘clean.’” Sponsored by the [...]
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