Free Republic

(CNSNews.com) - Rep. Keith Ellison (D-Minn.) told a gathering of Democrats, “The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it.” Ellison was discussing his ‘Inclusive Prosperity Act’ measure at the July 25th Progressive Democrats of America roundtable in Washington. “People like, George Soros, Bill Gates, Warren Buffett, Paul Krugman, Joe Stiglitz, Jeffrey Sax, Dean Baker, Robert Poland, Larry Summers have said they all support a transaction tax,” Ellison said. “The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued, “The government...

Nicolas Sarkozy needed a miracle last night to head off a defeat that looks increasingly inevitable. A marathon, at times violent debate with Francois Hollande was his chance to knock the challenger off his increasingly confident stride. But despite some brutal exchanges, he failed to produce a killer blow. Twenty million people were expected to tune in for a contest that lasted nearly three hours and was broadcast on all networks. It was a real debate, the presenters reduced to mute timekeepers as the candidates knocked spots off each other. There was no quarter given. Mr Sarkozy called his opponent...

Countering the commonly held notion that Americans who don’t have health insurance can’t afford it, the Census Bureau reports that nearly one-third of those without insurance live in households with an annual income of $50,000 or more. About 16 million Americans in $50,000-plus households – more than 13 percent of the total – lack insurance, as do 8 million earning more than $75,000 a year. The number of uninsured people in $75,000-plus households actually went up by 114 percent over a recent 9-year period, while those in households with incomes under $25,000 fell by 17 percent. The new Census Bureau...

October 20, 2002 For Richer By PAUL KRUGMAN . The Disappearing Middle When I was a teenager growing up on Long Island, one of my favorite excursions was a trip to see the great Gilded Age mansions of the North Shore. Those mansions weren't just pieces of architectural history. They were monuments to a bygone social era, one in which the rich could afford the armies of servants needed to maintain a house the size of a European palace. By the time I saw them, of course, that era was long past. Almost none of the Long Island mansions were...