Environmentalist Tim DeChristopher on 'Moyers and Co.' 052413

Climate activist tells Moyers: ‘We want Walmart to be subservient to human interests’

steve king house floor

Rep. Steve King: ‘Ronald Reagan’s signature on the 86 Amnesty Act brought about Barack Obama’s election’

Colbert on atheists and the Pope

Colbert: If atheists can go to heaven, I want my Catholicism refunded

Jon Stewart screenshot

Jon Stewart rips Obama for going after whistle-blowers instead of bankers

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Olbermann calls out media hypocrisy on ‘Occupy Wall Street’ protest

Keith Olbermann pointed out Wednesday night on Countdown that the major newspapers had been ignoring the five-day-long “Occupy Wall Street” protests, but would have scrambled to cover a similar-sized tea party protest. “Why isn’t any major news outlet covering this?” he asked. “If that’s a tea party protest in front…

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Fed ramps up aid to economy with $400 billion stimulus

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WASHINGTON (Reuters) – The Federal Reserve on Wednesday dialed up its aid to the beleaguered U.S. economy, launching an effort to put more downward pressure on long-term interest rates over time and help the battered housing sector. The Fed said it would launch a new $400 billion program that will tilt its $2.85…

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Fed debates approach as inflation fears grow

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A fight looms Tuesday in the US Federal Reserve as policy makers wrestle over whether the threat of inflation should prevent them from feeding more money into the economy to boost jobs. While one camp on the Federal Open Market Committee is believed to favor a hopefully stimulative economic measure…

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Goldman says QE3 likely after Fed statement

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SINGAPORE (Reuters) – Goldman Sachs said on Wednesday a third round of quantitative easing from the Federal Reserve is likely after the U.S. Federal Reserve promised to keep rates at extraordinarily low levels for at least two more years. “We now see a greater-than-even chance that the FOMC will resume…

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U.S. Fed set to gingerly lift foot off stimulus pedal

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WASHINGTON (AFP) – The Federal Reserve appears ready to ease off the stimulus pedal that is pumping life into the US economy at a key meeting that opens Tuesday, despite signs of slowing growth. Most economists expect the Federal Open Market Committee will signal the Fed’s $600 billion asset purchase…

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United States to hit debt ceiling on Monday

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WASHINGTON — The debt-laden US government’s credit card will hit its limit Monday, creating a cash crunch that puts the country’s credit standing at risk as politicians battle over its long-term deficit. Reaching the $14.29 trillion ceiling set by Congress will not have an immediate impact on government finances, because…

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Federal Reserve to print billions of dollars in massive shadow stimulus

The Federal Reserve’s policy-setting panel began a crucial two-day meeting Tuesday, poised to cast aside its long-held reluctance to micro-manage the economy in a bid to avoid a lost decade of growth. The central bank’s open market committee (FOMC) is expected to approve massive stimulus spending not seen since the…

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The bad faith issue in the “stupid/evil” debate

Matt has a cheeky post pointing out that Ben Bernanke’s behavior is quite explicable if you assume he’s a conservative Republican, in response to bloggers who keep suggesting that Bernanke’s behavior is irrational. I think a lot of apparently mysterious things about Ben Bernanke’s career can be solved if you…

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