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.
Those loud right-wing voices in our political discourse that are trying to make Occupy Wall Street look like something “foreign” to American culture are barking up the wrong tree. When David Crosby and Graham Nash recently showed up at Zuccotti Park for an impromptu sing-along with the protesters they linked OWS with the long American tradition of resistance to […]
Joseph Palermo: The last-minute lobbying by the titans of industry and finance shows that President Obama might have had more leverage over the Republicans in the debt ceiling “negotiations” than he chose to exercise. We now breathlessly await the arrival of the “Super Committee,” the tragedy that follows the farce.
Joseph Palermo: The debt ceiling gambit that Republicans in the House of Representatives have used to tie the U.S. government in knots in recent months is simply the California GOP’s tactic writ large.