It’s the Jobs, Stupid

President Barack Obama greets staff of Council of Economic Advisers (Official White House Photo by Pete Souza)

Brent Budowsky: Obama needs to contemplate the possibility that his legacy will be “the jobless president.” He should fight to become “the jobs president.”

A Rice Worth Fighting For

susan rice

Karen Finney: Such a fight would galvanize support for Obama among progressives, creating goodwill he might need heading in to the “fiscal cliff” and budget discussions, which could require unpopular concessions from the president.

Washington Agog as Petraeus Caught with Pants Down

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Karen Finney: Whether or not an extramarital affair should be grounds for stepping down from a high-level post, it’s a tragic and potentially dangerous reality of hyper-partisan Washington that events are so easily perverted into partisan witch hunts.

New Mandate, New ‘Fiscal Cliff’ Math

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Richard “RJ” Escow: The voters have asked President Obama and his fellow Democrats not to “shirk a fight” over economic issues. We look forward to seeing the democratic process unfold as a much-needed fight against economic injustice is played out in the public arena.

Why Mitch McConnell Will Win the Day

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Robert Reich: Senate Minority Leader Mitch McConnell’s compromise on the debt ceiling is a win for the President disguised as a win for Republicans. But it really just kicks the can down the road past the 2012 election – which is what almost every sane politician in Washington wants to happen in any event.

NPR Should Hire Roger Ailes

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Randy Shaw: NPR cannot win its fight with Congressional Republicans without completely sacrificing its journalistic integrity. It must either rally the public in its defense or give up federal funding altogether.

Devil vs Details

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Wendy Block: Frank Luntz gets paid big bucks, by the right, to play these linguistic tricks on the rest of us; it’s our job to catch his sleight-of-hand and call him on it, and to encourage all the non-political junkies we know to recognize his misdirection for what it is.

Our Predictions for 2011

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Randy Shaw: The biggest story will be President Obama’s “new” relationship with Congressional Republicans; as if the president had not reached out to obstructionist Republicans from the start. We will be deluged with stories describing the “idealism and vision” of newly seated House Republicans, despite their allegiance to large corporations and goal of restoring failed Hoover-era policies.

Three G Republicans

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Berry Craig: Talk about a close encounter of the worst kind: Imagine a Senate Majority Leader Mitch McConnell and a House Speaker John Boehner.

Joe Barton and the Big Big Debate

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Robert Reich: Representative Joe Barton’s apology to Tony Hayward for what he termed a “shakedown” of BP by the White House in order to get BP’s agreement to a $20 billion escrow fund, was the best thing to happen to BP since April 20, and the best boost for the White House in months. What possessed Barton, the ranking Republican on Energy and Commerce?

Peter Baker and David Herszenhorn: Wall Street Reform Reporting Lacking

Mitch McConnel

Joseph Palermo: The massive trading and swapping of Collateralized Debt Obligations (CDOs) and other abstractions cooked up by the fertile minds of sociopathic Wall Street “traders” not only did nothing to lubricate the real economy through financial intermediation, but they helped bring down the entire system and cost taxpayers hundreds of billions of dollars.

A Nation of Tax-Evaders

boligandollarchicken

The furor over the non-payment of taxes by Tom Daschle and a few other recent nominees for public office should not obscure the deeper truth that the United States has become a nation of tax-evaders. On the simplest level, this tax evasion is exemplified by the fact that vast numbers of people, including some who [...]

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