The Lion and the Ox: The Winter of Our Discontent

Gary Corseri: In this winter of our discontent, the war clouds gather and austerity miseries grind the souls of those who have no homes, or broken homes. We’re in a poisoned mine shaft and the canaries are singing. … Can we interpret their varied notes in time?

The Murdoch Implosion

fox-news

Tom Degan: I have been desperately trying to write a poem about the train wreck that Rupert Murdoch’s life has become but I’ve run into a brick wall. Could somebody give me a word that rhymes with schadenfreude?

Countdown to Shutdown

cantor-wide

Tom Degan: My guess is that, like in ’94, this is going to blow up in their clueless faces. I certainly hope so. Watching the utter implosion of the Republican party is an absolute joy that is difficult to put into words. I can barely contain myself.

Obama Finally Gets Tough on Wall Street

Wall Street Bailout

Robert Reich: But suddenly the winds are blowing in a different direction over the Potomac. The 2010 midterms are getting closer, and the Dems are scared. Their polls are plummeting. The upsurge in mad-as-hell populism requires that Democrats become indignant on behalf of Americans, and indignation is meaningless without a target. They can’t target big government because Republicans do that one better, especially when they’re out of power. So what’s the alternative? Wall Street.

Progressives Mobilize to Save Obama, Democratic Party

Clockwise from top: Nancy Pelosi, Jed Lewison, Howard Dean and Jane Hamsher.

Republicans thought the “just say no” strategy that killed the Clinton plan would also work in 2009. But they forgot that this strategy now lacks the element of surprise, and that the Internet now prevents the corporate media from entirely controlling the debate.

Goldman’s Back, and Why We Should Be Worried

wall-street

So the fact that Goldman has reverted to its old ways in the market suggests it has every reason to believe it can revert to its old ways in politics, should its market strategies backfire once again — leaving the rest of us once again to pick up the pieces.

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