Stimulus spending has been slow, but does that mean that it’s not working?  The Congressional Budget Office estimates on the amount of money that would be spent up to this point is very close to what the government is reporting to be spending on their website recovery.gov.  So currently, the rate of spending is in [...]

John McCain (R-Ariz.) is teaming up with Maria Cantwell (D-Wash.) to reinstate the Glass-Steagall Act that was introduced during the Great Depression in order to keep banks from operating as a commercial bank and also an investment bank. The act was repealed in 1999 by the Gramm-Leach-Bliley Act under the Clinton Administration because of pressure [...]