Occupy Wall Street: “Brother, Can You Spare a Dime?”

where's my bailout

Joseph Palermo: Out in the real world people are showing a spirit that hasn’t been around since the 1930s; a genuine feeling of solidarity like we’re all in it together and to hell with the elites that stand in our way. The illegitimacy of a rigged economic system is beginning to sink in.

Banks Lose Control of the Optics

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Joseph Palermo: If JPMorgan Chase and the rest of the money cartel cared one whit about people perceiving them as being slightly more tolerable corporate citizens, they would have long ago voluntarily offered a lifeline to underwater mortgage holders and to local governments.

“Jobs Creators” Brand Tarnished

wall street protests

Joseph Palermo: Even hardcore capitalists are displaying a lack of faith in U.S. economic leadership, compounding the legitimacy crisis that has already engulfed millions of less exalted members of the global community.

A President Standing In Quicksand

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Joseph Palermo: Obama and the Democrats are in trouble politically not because they did too much to help hurting Americans, but because they did too little.

Obama’s Jobs Speech: Prepare to Be Underwhelmed

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Joseph Palermo: President Obama’s much anticipated speech outlining his jobs agenda for the 2012 election year will sound a lot like a tiny mouse trying to make a loud roar. Instead of clarity, we’ll get hedging; instead of “bold,” we’ll get wishy-washy.

For Progressives, Debt Ceiling “Deal” Was a Real Downer

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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.

Anthony Weiner Hands Republicans a Twofer

andrew breitbart

Joseph Palermo: The credibility of Anthony Weiner’s loud liberal voice in the House of Representatives, who recently showed the temerity to take on Justice Clarence Thomas for his conflict of interest in Citizens United, is now toast

Supremes Stick It to the Little Guy, Again

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Joseph Palermo: It’s kind of funny when we see Republican presidential candidates like Mitt Romeny, Tim Pawlenty, and Newt Gingrich pandering to the “little guy” denouncing “elites” who are trampling on their rights only to remain mute on the fact that their beloved Republican Supreme Court never, ever rules in favor of the “little guy.”

A Tale of Two Town Halls

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Joseph Palermo: The Republican House members who voted for Paul Ryan’s Ayn Rand wet-dream budget are apparently getting an earful from their constituents.

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