Brent Budowsky: Lawrence Summers fought for the worst economic idea since FDR, repealing Glass-Steagall — a super-disastrous mistake.
Gil Troy: Obama quickly plunged into a much-needed defense of the bank bailout and his stimulus plan. In his most human moment, he acknowledged that Democrats and Republicans united in hating the bailout: “I hated it. You hated it. It was about as popular as a root canal.” His stimulus defense appeared more substantive as he detailed the bill’s accomplishments. But to avoid being too professorial, Obama failed to connect the dots, not quite explaining how that controversial bill actually created the jobs he enumerated.
For those of who believe, as we do, that the tepid healthcare reforms rising to the top right now will either be too weak to benefit Americans who need help the most or will benefit most the insurance companies and others who already profit handsomely by withholding life-giving care, this is the time to press forward universal healthcare options that will actually solve the country’s healthcare crisis.
Someone asked what black people thought of Joe Wilson‘s “you lie” outburst. Of course, there isn’t a monolithic black answer to that question. I am a black person but I can’t speak for black people and I didn’t get together with other black people to form a consensus. But I did read a blog post [...]
Feels like it’s still the best of times and the worst of times. If the night of President Obama’s first major speech to a joint session of Congress proved anything, it confirmed that America chose the better of two directions last November. Nothing could underscore that more glaringly than the comparison of Obama’s remarks to [...]