JP Morgan’s Loss Could Be America’s Gain

jamie dimon

Joseph Palermo: With new evidence mounting each day that the system is as broken as it was before the meltdown of September 2008 and will likely require another colossal taxpayer bailout at some point, the public might be able to compel even the isolated 1 percenters among Washington’s policy elite to take heed.

Protesting Students, Striking Faculty

striking students

Joseph Palermo: The CSU faculty union, after nearly two years of bargaining in good faith to reach a labor agreement with the university’s management, has voted overwhelmingly to authorize the California Faculty Association (CFA) to call for rolling strikes.

California State University: The Coming For-Profit Train Wreck

occupy sacramento

Joseph Palermo: Why should CSU administrators be paid more than the Governor of California, the Chief Justice of the Supreme Court, and even the President of the United States? Why isn’t the Chancellor termed out like California legislators and most other public officials?

Goldman Sachs: An Old-School Mafia Family?

goldman sachs cares

Joseph Palermo: The amazing thing about Mr. Smith’s decision to break the code of omertà at Goldman was the fact that an employee existed there at all who was still capable of making a moral or ethical judgment and could even express something resembling remorse.

Time to Leave Afghanistan Now

kabul-fire

Joseph Palermo: At about $10 billion a month, and an increasing number of American casualties in an environment more volatile than ever, the American people need to take long, close look at whether staying in Afghanistan until December 2014 is worth it.

Will the GOP’s Base Strategy Work Yet Again?

obama taking a picture

Joseph Palermo: The Republicans think they believe that with enough SuperPAC money and stoking up the base, along with relatively high unemployment and gas prices and millions of underwater mortgage holders, they can win a close election.

5 Right-Wing Obstacles That Must Be Overcome

grover norquist

Joseph Palermo: These powerful right-wing political obstacles that must be sidelined if progressive change can have any chance of success, whether Obama is at the helm or any number of the string of future presidents he now tells us we’ll probably need.

A “Peace Dividend?” Not Likely

obama-flight-deck

Joseph Palermo: Despite the redeployment of U.S. troops out of Iraq, during this dismal period of “austerity” the public isn’t likely to see any discernible difference in the government’s misplaced priorities.

A Billionaire Comes A’Whinin’

obama cafe

Joseph Palermo: Apparently for the captains of industry and high finance it’s not enough for Obama to be a faithful servant of their narrow class interests, they also want him to bend down and kiss their rings.

Ross Douthat’s Hit Job on JFK

jfk

Joseph Palermo: Douthat practices the weird tactic, common among contemporary right-wingers, of criticizing whatever Democrat or “liberal” who is in their crosshairs from both the right and the left at the same time.

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