The Millionaires Tax and Jerry Brown’s Terrorizing Tactic

jerry brown

Ann Robertson and Bill Leumer: Jerry Brown to resort to his terror tactic, intended to strike fear in the hearts of the public. He has told the people of California that if they do not support this new compromise tax proposal, then automatic trigger cuts will go into effect that will brutally slash the budget of public education on all levels.

An Early Post-Mortem: A National Day of Pouring?

national day of pouring

Bob Letcher: Regardless of who “wins” and who “loses” next Tuesday’s election, can there be any doubt that the results will end the country’s slow downward slide… and send it plunging headlong toward disaster of the sort and scale that the first Republican President, Abraham Lincoln, must have foreseen when he admonished the citizenry, “A house divided against itself cannot stand.”

One Free Market System for Wall Street, Another for Main Street

Upsidedown-mortgages

Robert Reich: Rather than defending the outsized paychecks of Dimon, Blankfein, and the rest of Wall Street as part of the free market system, the President needs to demand that Wall Street help homeowners on Main Street. The Obama White House should have made this a condition of getting the giant bailouts in the first place. The least it can do now is to is to make the free market system work for everyone.

The Future of Manufacturing, GM, and American Workers (Part III)

Buick assembly line, 1950 (Photos Philip Gendreau)

As president of General Motors when Eisenhower tapped him to become secretary of defense in 1953, “Engine Charlie” Wilson voiced at his Senate confirmation hearing what was then the conventional view. When asked whether he could make a decision in the interest of the US that was adverse to the interest of GM, he said [...]

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