LA’s Recent Election: When They Think Small, We Stay Home

los angeles voting station

Tanya Acker: Why did 84 percent of Angelenos who had the potential to change something decide, for one reason or another, that doing so wasn’t worth their time.

What Today’s Job Numbers Mean

president obama

Robert Reich: We’ll avoid a double-dip, but the most likely scenario in coming months is a continuation of the same – an anemic jobs recovery.

Fuel Prices: How Much Blame Does Obama Merit?

obama gas prices

John Peeler: The Republican attack on Obama over gas prices at the pump is quite a strange line of attack from people who are incessantly demanding a return to untrammeled free markets. Do they really want Obama to impose price controls?

Will the GOP’s Base Strategy Work Yet Again?

obama taking a picture

Joseph Palermo: The Republicans think they believe that with enough SuperPAC money and stoking up the base, along with relatively high unemployment and gas prices and millions of underwater mortgage holders, they can win a close election.

The Oil Company Gusher

hearing-oil-wide

Robert Reich: This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the U.S. government, at a time when we’re cutting social programs to reduce the budget deficit.

How Koch Industries Manipulates Oil Market

oil tanker

Lee Fang: Koch along with Enron pioneered a number of complex financial products to leverage its privileged position in the energy industry.

The Debate to Come over Wall Street, Autos, and Everything Else: Cyclical or Structural?

problem

by Robert Reich – First prediction for 2009: A widening gap between the public’s view of the bailouts of Wall Street and Detroit, and the views of the direct beneficiaries. The public believes the bailouts will permanently change these industries, but industry insiders don’t really want to change.

Why the Automakers Won’t Make Fuel-Efficient Cars, Even as the Price of Being Bailed Out

detroit

by Robert Reich – Telling automakers to make more fuel-efficient cars as a condition of being bailed out is like telling Citigroup or any other big bank to issue more affordable loans to Main Street as a condition of being bailed out. It won’t happen.

Today We Vote: Tomorrow We March

“When we elect Barack, knock on wood, we will have someone who responds to labor, to people’s needs, the plight of immigrants, but he can’t win change alone it will take a larger movement,” said Maria Elena Durazo, leader of the 840,000-member Los Angeles County Federation of Labor. One of the most successful and dynamic [...]

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