Obama Economics: President Obama’s proven reliability as outsider president extraordinaire is his administration’s economic significance.
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.
Randy Shaw: The 50-year period since Cesar Chavez set out to organize California farmworkers has seen a remarkable growth in Latino political power, electoral clout, and in unionized Latino workers, while the plight of farmworkers has gone backward since the UFW’s high point at the end of the 1970’s.
Stephen Box: Occupy LA’s greatest opportunity to impact the policies and actions that are responsible for eviscerating the middle class, for destroying our economy, for unleashing predatory greed and for selling political access to the highest bidder is to mobilize voters at the polls on election day.
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.
Joseph Palermo: We can call the 2000s the “Worse Than Zero” decade or the “Big Zero,” or anything we wish, but what characterized it most for me was the near total control of corporations, especially over our civic institutions. All of the terrible economic and governing ideas from the Reagan era crested and then crashed in the last eighteen months leaving something far less than “zero” in their wake.
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.
In remarks to a health reform forum in March, Barack Obama acknowledged, ‘The greatest threat to America’s fiscal health … is the skyrocketing cost of health care.’ How he deals with this danger will arguably be as important for the historical reputation of his presidency as his foreign policy initiatives to safeguard national security.
Why didn’t Obama deliver this speech when he spoke to bankers on Wall Street a few months ago? Better late than never, I suppose, and bankers are slightly more likely to pay attention to Volcker than to Obama as evidenced by the fact that several major US bank CEOs turned down the invitation to hear the president speak.