UPDATE: Obama signs SCHIP bill into law

Posted by AzBlueMeanie: President Barack Obama on Wednesday signed a bill extending health coverage to 4 million uninsured children, a move he called a first step toward fulfilling a campaign pledge to provide insurance for all Americans. Obama signs kids' health insurance bill "I refuse to accept that millions of our children fail to reach … Read more

Crazy As They Wanna Be

by Michael Bryan I suspect that the Arizona GOP will pull a Jonestown now that Janet has handed them the keys to the campsite. With no effective institutional opposition from Democrats to be had, there is a danger that their most ideologically intoxicated members will convince the rest to drink the Kool-aid, herding their elected … Read more

The Action Americans Need

Posted by AzBlueMeanie: President Barack Obama posted this op-ed in the Washington Post today Barack Obama – The Action Americans Need. Some of the highlights: What Americans expect from Washington is action that matches the urgency they feel in their daily lives — action that's swift, bold and wise enough for us to climb out … Read more

Laissez-Faire Reaganomics Is Dead (1981-2009). Get Over it.

Posted by AzBlueMeanie: The Rachel Maddow Show had the best reporting on the testimony of Harry Markopolos, because Rachel included an explanation of how we got here in the first place with Nobel Prize winning economist Paul Krugman. Transcript MADDOW: The Madoff whistleblower today, Mr. Markopolos. He said today that the SEC, the Securities and … Read more

Must See TV: Harry Markopolos explains how the Bernard Madoff Ponzi Scheme was possible

Posted by AzBlueMeanie: I have been to many committee hearings over the years, but I have never witnessed anything as riveting and informative as what transpired before the House Financial Services Subcommittee on Wednesday. Wow! Former investment manager Harry Markopolos, who investigated investment adviser Bernard Madoff for some 9 years, testified before the committee about … Read more