Robert Reich: S&P’s intrusion into American politics is also ironic because, as I pointed out recently, much of our current debt is directly or indirectly due to S&P’s failures (along with the failures of the two other major credit-rating agencies — Fitch and Moody’s) to do their jobs before the financial meltdown.
Walter Brasch: Since you like hunting, and they like hunting, your banker friends will let you buy all the guns and ammunition you want. But, they can’t help you on your health bills, or even lower the insurance premiums and co-pays. And, they can’t do much for that inflated mortgage payment. Or to help you find another job.
Tom Hayden: Launch a campaign progressive to the core, with no compromises on ending tax cuts for the rich and trillion-dollar wars.
Ted Vaill: Seventy or eighty arch-conservative Tea Party members of the House and Senate have held this country hostage to their right-wing demands that we sacrifice entitlements belonging to ordinary, hard working Americans for the benefit of their rich friends. What is the mood of the ordinary American? Disgust.
Robert Reich: The GOP’s experienced actors – House Speaker John Boehner and Senate Minority Leader Mitch McConnell – have been upstaged by juveniles like Eric Cantor and Michele Bachmann, who don’t know the difference between playacting and governing. Washington has gone from theater to reality TV – a game of hi-jinks chicken that could end in a crash.
Walter Brasch: After significant compromise with the recalcitrant Republicans who want to continue to give the wealthy tax advantages while cutting significant social programs, President Obama has finally taken a stand on debt ceiling negotiations. However, in labor, wildlife management, and the environment he is still compromising rather than coming out forcefully for the principles he and the working class and environmentalists believe.