Gay May

Carl Matthes: Obama kicked public awareness/acceptance of marriage equality into high gear. The covers of the nation’s major magazines competed for which could best portray Obama’s historic announcement.

Outing King: The Hijacking of the Dream (and the Civil Rights Conversation)

Anthony Samad: Gay rights actvists have this pressing need to tie King to their cause, to legitimize their movement. They can’t find adequate venues to engage the black community on the issue of gay marriage, so they hijack King Day programs where they can dominate question and answer periods by interjecting questions around gay marriage. And they never want to have a morality conversation, as critical as that conversation is to a conversion (and shift) of America’s cultural mindset.

A Few Words about Philanthropy

Giving

In 2005, more than one in every four adults reported doing some volunteer work. I don’t know exactly what definition was used. Chances are that coaching your kid’s soccer team counted.

The President’s Job’s Initiative Doesn’t Measure Up

Jobs

No president in modern times walks a tightrope as exquisitely as this one. His balance is a thing of beauty. But when it comes to this economy right now — an economy fundamentally out of balance — we need a federal government that moves boldly and swiftly to counter-balance the huge recessionary forces still at large

Weekend Mysteries, Scandals, and Speculations

Donny Hathaway

The nation’s unemployment rate is at 10.2 percent, a 26-year high. These people will be waiting to hear Obama explain how adding to the $10 billion monthly price tag for Iraq and Afghanistan will help them find work. African American men, 17.1 percent of whom are unemployed, want a word from Obama on this,” wrote Columnist Colbert King in the Washington Post last week.

The Housing Crisis and Wall Street Shame

Housing Crisis

The $75 billion federal program designed to bribe banks to modify mortgages has been a bust. No one knows the exact number of mortgages that have been modified (that will be reported next month) but housing experts I’ve talked with say it’s a tiny fraction of the number of homeowners in trouble. Seems that the big banks can’t be bothered.

The Great Disconnect Between Stocks and Jobs

Unemployment

In the Great Recession of 2008-2009, companies are going a step further. They’re using this sharp downturn to cut payrolls even below where they were when times were good. Outsourcing abroad, setting up shop in China and elsewhere, contracting out, replacing people with software and automated machines – they’re doing whatever it takes to get payrolls down so earnings bounce up.

Obama, China, and Wishful Thinking About American Jobs

China-budget

The dirty little secret on both sides of the Pacific is that both America and China are capable of producing far more than their own consumers are capable of buying. In the U.S., the root of the problem is a growing share of total income going to the richest Americans, leaving the middle class with relatively less purchasing power unless they go deep into debt.

Think First About the Unemployed, Not the Politicians … and Act

unemployed

What’s happening to the lives of the legions out of work – particularly the young men and women – has to take second place to the fortune of the President and his party. The human crisis would be real regardless of who is in the Oval Office and is what should move the President and the Congress to do the right thing.

Why Wall Street Reform Is Stuck in Reverse

Geithner

Executives and traders on the Street have become the single biggest sources of money for Democrats as well as Republicans. And with mid-term elections looming next year, you can bet every member of Congress has a glint in his or her eye directed at the Street.

The Despair of Childcare

Beautiful Black Family-Reading

Organizations like Moms Rising are fighting to raise awareness about a number of issues that make the industrialized United States seem like an anachronism compared to its counterparts. Excellence in childcare is on the agenda

Specifically, What Should Be Done for Jobs?

Alan Greenspan cartoon

It would be hard to get a new stimulus package through Congress, but no member who’s up for reelection next year when unemployment is likely to be in double digits wants to be accused by rivals of voting against steps to help small businesses, public schools, childrens’ health, and average working people who need a tax cut.

The Continuing Disaster of Wall Street, One Year Later

Zombie-Bankers

Let’s be clear: Wall Street today is up to the same tricks it was playing before its near-death experience: Derivatives, derivatives of derivatives, fancy-dance trading schemes, high-risk bets. “Our model really never changed, we’ve said very consistently that our business model remained the same,” says Goldman Sach’s chief financial officer.

Don’t Succumb to Deficit Hysteria

red-ink

The only item worth looking at is the part of the report that predicts the government will have nearly a $1.6 trillion deficit in the fiscal year that ends this September 30 — but not because that number is alarmingly large. It strikes me as alarmingly small.