Robert Reich: The candidate could also call for busting up Wall Street’s biggest banks and thereafter limiting their size; imposing jail sentences on top executives who break the law; cracking down on insider trading; and, for good measure, enacting a small tax on all financial transactions in order to reduce speculation.
Joseph Palermo: Peter Baker’s profile of White House Chief of Staff Rahm Emanuel in the New York Times Magazine raises some interesting questions about President Barack Obama’s top aide. For Emanuel, it seems that all politics are electoral politics. He wouldn’t know a social movement if he saw one.
Timothy V. Gatto: The pharmaceutical industry and the health insurance companies along with their Congressional minions stopped any real hope of true health reform. The current package is a windfall for health insurers, giving the 50,000,000 new clients who must take health insurance or pay a fine. That doesn’t sound very progressive to me.