Dick Price & Sharon Kyle: After riding a euphoric crest of progressive support into the White House last year, President Barack Obama faces a very different challenge going into 2010: Regaining the trust and support of his own political base.
It behooves everyone in Congress to demand that big banks, the overnight recipients of billion-dollar bail-outs, renegotiate loans in bankruptcy court. After all, we must remember these banks, the ones we bailed out, caused the financial meltdown with predatory sub-prime lending.
The Congress, always in hock to Wall Street, is dragging its feet in passing anything near the sweeping regulatory restructuring that is needed if we are to prevent Goldman Sachs and the rest of the gang from exploiting their “moral hazard” by using the federal treasury as the mother of all “credit default swaps.”
On June 10th, an 88-year-old white supremecist walked into the U.S. Holocaust Memorial Museum in Washington, DC, armed with a rifle, and killed a black security guard before being fired upon and apprehended. As usual, local authorities including the Mayor of Washington, DC used two familiar words that were recently uttered in the murder of […]
It’s no accident that as Congress returns this week from its two-week recess and begins debate on the $3.5 trillion budget plans for the fiscal year starting in October — which may or may not include a provision that fast-tracks Obama’s health care proposal by allowing it to pass the Senate with a mere majority […]
Senator John McCain’s daughter, Meghan McCain, has served up a devastating critique of the direction the Republican Party has taken recently. “If figureheads like Ann Coulter are turning me off,” Ms. McCain writes, “then they are definitely turning off other members of my generation as well.” She understands that when the GOP’s dominant personalities are […]