Shamus Cooke: The banking oligarchy is so intertwined with the political and economic establishment that real regulatory change cannot happen until the system itself is transformed from below, by a powerful social movement. Pleading to politicians to fix so-called Casino Capitalism is increasingly naive.
Obama’s Nobel Speech Comes Up Short. Pardon me if I can’t join in the fawning praise for President Obama’s Nobel address. “It was, as ever, a bravura performance,” one newspaper said editorially. That it was, but I can’t agree with those. -Carl Bloice Labor Secretary Solis Slams Down Right-Wing Call for an Immigration Moratorium. Last [...]
Last week, the Politico featured a piece by right-wing pundit Pat Buchanan suggesting that rather than talking about a second stimulus package, tax credits, or public works projects, lawmakers should be seriously considering an immigration moratorium during these hard economic times. A few days later, former Rep. Virgil Goode (R-VA) authored an op-ed calling for [...]
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.