In an uncharacteristically confrontational manner President Barack Obama stated that he fundamentally disagrees with Dick Cheney’s notion that we can’t reconcile our core values with our national security interests. The President went on to say that he was surprised at Cheney’s defense of torture policies. But constitutional law scholar, Jonathan Turley says the President doesn’t [...]
AIG and the Undeserving Rich

Charles Blow, the “moderate” who seems to write a lot of words but never takes a clear stand on anything, recently lamented on the op-ed page of the New York Times about what a small matter the $165 million in bonuses really were compared to the $170 billion AIG received in government welfare. Sheryl Gay [...]
The Auto Bailout: A Bad Deal
The Rich Countries’ Faltering “United Front”
Rachel Maddow’s Chronology of AIG’s Greed
Congress’s Potemkin Populism

It’s nice to see that when the public gets sufficiently angry about something, Congress responds. In a rare show of bipartisanship, members are eagerly registering shock and outrage at AIG‘s bonus payments by coming up with an assortment of ways to reclaim the bonanza, including taxing them away retroactively. Who says democracy is dead? But [...]
This Week in The LA Progressive: March 15 to 21, 2009
Averting the Greater Depression The Rich Countries’ Faltering “United Front.” During the 1930s, Europe and the U.S. were also unable to agree on a common strategy, which led to a worldwide trade war and the plunge into depression. –Carl Bloice Economic Recovery Will Be More than Trusting President Obama’s Stimulus Plan. But then, this economic [...]
Black Chrome

Black Chrome September 25, 2008 – April 12, 2009 Through photos, interviews, objects and 16 tricked-out motorcycles that range from choppers to drag bikes, this California-focused exhibition spotlights the innovations and creativity of African Americans that significantly changed the landscape of American motorcycling since World War II. The exhibition is a collaborative project funded by [...]
Friday Feedback: Who Are the Consumers When No One Has the Money to Buy Anything?
Every Friday the LA Progressive features a comment that was particularly noteworthy. This week we are featuring a comment submitted by Ramona, writing in response to Joseph Palermo‘s “Blue Dogs and Citigroup Fight the Employee Free Choice Act.” Ramona writes Great piece. We were at our most stable when unions and the middle class flourished. [...]
Economic Recovery Will Be More than Trusting President Obama’s Stimulus Plan

The Audacity Of Greed should be the title of President Obama’s next book. Never could he have imagined how tough getting out of an economic recession (borderline depression) when he signed up for the presidency. He knew the job was tough when he took it, he just didn’t know that greed would continue to trump [...]







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