Archive for 'russ daggatt' Category
The New New Deal
7 May 2009Guest-blogged by SNS Member Russ Daggatt
Former New York Senator and UN Ambassador, Daniel Patrick Moynihan famously said, “Everyone is entitled to his own opinion, but not his own facts.”
Increasingly, it seems, Republicans are trying to create not only their own facts but their own reality. This is particularly problematic when the mainstream media treats every [...]
Bank Illusions
21 April 2009Guest-blogged by SNS Member Russ Daggatt
You may have noticed that the big banks have been reporting upbeat “earnings” figures in recent days. Just yesterday, Bank of America reported a staggering $4.2 billion in first quarter “earnings.” But it’s share price declined by an also staggering 24% What’s up? Surely investors saw the impressive “earnings” numbers. [...]