April 28

“What you need to know to navigate today’s economic debate.”

TODAY: ND20 Bloggers Ready to Take On Deficit Hawks at D.C. Counter-Conference (ND20)
NewDeal2.0 readies for an economic  showdown live from the Fiscal Sustainability Teach-In Counter-Conference in D.C.

Wake the President (BaselineScenario)
Simon Johnson on why it is imperative that President Obama wake up to the realities of a destabilized Eurozone at the hands of mammoth risk.

Wall St. Casino (NYT)
The etiology of the financial crisis has bipartisan roots, as evidenced by the hypocrisy of Senate Republicans voting to block debate on financial reform.

Olive Oil and Snake Oil (NYT)
Maureen Dowd recounts the slithering testimony of Goldman’s top brass.

Goldman CEO Blankfein: We’d Can Any Wrongdoers (CBS)
Blankfein says he thinks “nothing unethical has happened” at his firm, but he’d fire anyone caught doing anything unethical or illegal.

A Loss of Faith in Government (MoneyWatch)
Mark Thoma dissects rising fear of “big government” in the face recent legislative milestones.

It’s Gut Check Time for Europe (TIME)
The Greek debt crisis may have reached a tipping point, as the country’s credit is downgraded to junk status, rattling markets.