Robert Reich: Two weeks before the Iowa caucuses, the Republican crackup threatens the future of the Grand Old Party more profoundly than at any time since the GOP’s eclipse in 1932. That’s bad for America.
Shamus Cooke: In response to Obama’s tax plans, progressive groups cheered and Republicans snarled; both reactions were consciously exaggerated.
Tom Degan: there he was the other day out in the Rose Garden, saying what was screaming to be said; that this nation’s economic burden shall no longer be placed solely on the backs of the poor.
Carl Bloice: The danger remains that those in the Administration’s camp who are never anything but political operatives will prevail, opportunity will give way to political expediency and fall prey to the notion that the 2012 election trumps all
Anthony Samad: The rise of the Tea Party wouldn’t have taken place had we had a white president. Blink if you want to…but the fact this has not happened to any other President has raised my “Race-dar,” beyond anything ideological battles could muster. Race(ism) has not disappeared in this country. It’s just been codified.
Robert Reich: S&P’s intrusion into American politics is also ironic because, as I pointed out recently, much of our current debt is directly or indirectly due to S&P’s failures (along with the failures of the two other major credit-rating agencies — Fitch and Moody’s) to do their jobs before the financial meltdown.
Brent Budowsky: The extreme hard-line attitude of many Republicans has significantly raised the prospects for a national default and rating agency downgrades that would sweep across the nation and many states, causing an economic cataclysm and public outrage unlike anything ever seen in the history of the republic.