STATEMENT: Earth to Bernanke – Subprime Mortgage Crisis Could Spread to Other Homeowners

By Andrew Jakabovics Federal Reserve Board chairman Ben Bernanke has argued for some time that the problems in the subprime mortgage market—rising delinquency rates and foreclosures—is unlikely to spill over to the broader housing market. The latest data, however, including releases of new and existing home sales, delinquency surveys, senior loan officer surveys, and quarterly...

STATEMENT: Senate’s Immigration Vote Is a Vote for the Dysfunctional Status Quo

Washington, DC- The following is a statement by Cassandra Q. Butts, Senior Vice President for Domestic Policy at the Center for American Progress. Today the U.S. Senate voted in favor of the dysfunctional status quo on immigration policy and against the opportunity for reform. Fifty-three senators voted against cloture on the immigration bill, effectively preventing...

STATEMENT: The Court’s Forgotten Promises

By Cassandra Butts On the 40th anniversary of the integration of Little Rock High School, the Supreme Court has taken a decidedly backwards step in our nation’s pursuit of Brown v. Board of Education’s promise of equal, integrated public education by ruling against the voluntary efforts to integrate public schools in Louisville, KY and Seattle,...

Six Peacekeeping Essentials for Peace and Protection in Darfur

The international community must move swiftly to protect the people of Darfur, says the ENOUGH Project in a strategy briefing released today. While global actors must continue to press for civilian protection, promote a durable peace and punish the perpetrators of atrocities in Darfur, ENOUGH co-chair and briefing author Gayle Smith hones in on the...

NEW REPORT: Strategic Reset – The Way Out of Iraq

Read the full report WASHINGTON, D.C. – The Center for American Progress today released “Strategic Reset,” the latest strategy report from the Center on the war in Iraq. Recognizing the increasingly fragmented situation on the ground, the report calls for: · ending the training of the Iraqi Security Forces · redeploying American troops out of...

STATEMENT: Estranged Bedfellows

By Sam Berger, Shira Saperstein The recent political controversy concerning Gardasil, Merck’s human papillomavirus vaccine, contains important lessons for progressives about the dangers of strange bedfellows. The interests of progressives and pharmaceutical giant Merck briefly coincided, but their different motivations ultimately weakened efforts to create widespread acceptance for the anti-cancer vaccine. The initial cooperation between...

STATEMENT: Putting Progress Before Politics

By Sam Berger Stem cell opponents once again stood in the way of potentially life-saving cures this week with the president’s decision to ignore the will of the people and a bipartisan majority of Congress by vetoing vital stem cell legislation. Pandering to his dwindling political base, the president has put politics before cures and...

RELEASE: New CAP Report on The Structural Imbalance of Political Talk Radio

Read the full report (PDF) Despite the dramatic expansion of viewing and listening options for consumers today, traditional radio remains one of the most widely used media formats in America. Arbitron, the national radio ratings company, reports that more than 90 percent of Americans ages 12 or older listen to radio each week, “a higher...

RELEASE: Levin Car Amendment’s Flex Fuel Provisions Yield Phantom Oil Savings

Washington, DC – “Dual fuel” vehicles made to operate on either gasoline or 85 percent ethanol do not significantly reduce oil use since E85 is rarely available in most states, according to an analysis released today by the Center for American Progress. Although there are 4.4 million flexible fuel vehicles on the road, there are...

Campus Progress Announces 2007 Student Award Winners

Washington, D.C. – Campus Progress announced today the winners of the 2007 Campus Progress Awards for student activism, advocacy, and journalism. Throughout the year, across the country, progressive students are speaking out on issues like the war in Iraq, climate change and the increasing burden of student debt. Campus Progress presents these awards to honor...