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Position Limits

03/18/11 08:46PM

Tonight, Ed asked Sen. Bernie Sanders (I-VT) about President Obama's stand on position limits. If you saw our series on Wall Street and gas prices last week, you know all about position limits. If you didn't, here's all you need to know--position limits restrict how much speculating hedge funds and Wall Street firms can do on basic commodities like oil and wheat. Want a little more depth? Well, people who need to buy and sell these commodities trade in futures contracts--which are basically deals to lock in prices down the road. That's called "hedging" against price fluctuations. read more

Sen. Sanders on Gas Prices: Tonight!

03/18/11 08:32PM

Last week, Ed did a special series on Wall Street's role in driving up (and profiting from) prices on commodities from gas to wheat. Every night, we asked where the Democrats were on this. Since we began our series, House Democratic Leader Nancy Pelosi and Senate Democratic Policy Committee leader Chuck Schumer have both begun calling out Wall Street. But where is President Obama?Republicans are blaming the crisis in the Mideast--and calling for more drilling. Sounds reasonable, but as Ed's guest Sen. read more

V.P. Biden speaks up for workers' rights

03/18/11 08:26PM

The Vice President is stepping up to the plate, calling organized labor what "keeps barbarians from the gate", in a virtual town hall.Listen:This is the first step towards what Ed's been asking for from the Obama Administration.  Tune in tonight at 10 E.T. to hear Ed's reaction to the Vice President's latest efforts. read more

Union workers boo MI Gov. Snyder

03/18/11 07:54PM

Employees at the Michigan Assembly Plant booed the Governor who is threatening workers’ rights in the state.  Some of the hourly workers wore “Solidarity in Wisconsin” shirts in support of Wisconsin’s current labor fight.Watch the whole report from one local affiliate, WXYZ:  read more

More voices on the Wall St. gas tax

03/18/11 06:21PM

America is coming around to Ed’s commentary on the issue of rising commodity prices in America.In a press release today, Al Franken took a significant step to emphasize the importance of regulating oil speculators:"Minnesotans are already struggling in this economy and I'm working every angle I can to make sure gas prices don't continue to go unchecked … that's why I'm urging regulators to exercise the authority they were given by the Wall Street Reform Act to clamp down on the damage oil speculators are causing and help stem the rise in prices at the pump."Just last week, Ed made the read more

What's in Ed's Head: 3/18/11

03/18/11 05:11PM

These are the stories the staff of The Ed Show are keeping an eye on ...The GOP is pushing the Citizens United envelope even more, in another effort to make it harder for ordinary citizens to make their campaign contributions count.   First, Gov. Walker gets rid of state funding for birth control in the bill he claims is about fixing the budget.  Now, having the power to elect high status state officials is apparently what will close the gap. Libya declares ceasefire and a stop to military operations to protect citizens after the U.N. read more

Emergency!

03/17/11 06:10PM

Last night we told you about the unfounded “emergency” session called by the House Rules Committee to end federal funding of NPR.This morning before the vote, Rep. Weiner carried that same exasperated sentiment to the House floor.  With a poster of the Tappet Brothers, Click and Clack, from NPR's show "Car Talk", Anthony Weiner said:"The American people are not concerned about the economy around the world. They're staring at their radio station saying, get rid of Click And Clack. Finally my Republican friends are getting rid of them. read more

What's in Ed's Head: 3/17/11

03/17/11 04:36PM

Theses are the stories the staff of The Ed Show are keeping an eye on …The US State Department is now making an extra effort to get American citizens out of Japan. Rep. Peter DeFazio warns of grave danger if NOAA Disaster Response Programs are cut. As promised, WI protesters crashed the DC lobby that's backing GOP Senators from the state. More pro-labor ads from progressive groups have been released in an effort to recall WI GOP Senators. read more

What's in Ed's Head: 3/16/11

03/16/11 03:48PM

These are the stories the staff of The Ed Show are keeping an eye on ...“Modern day samurai” nuclear workers attempt to stop the meltdown.A new power line could be just what they need at the Fukushima nuclear facility as it may pacify the nuclear crisis.Tonight, WI GOP Senators head out of town to be meeting with their with lobbyist friends in DC, but WI Dems plan to crash the party.Protests weren’t enough in Michigan to block Gov. Snyder’s bill, so the bill to expand financial manager powers is made into law.  read more

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