Progressive Media Advocates
Joseph Palermo: The amazing thing about Mr. Smith’s decision to break the code of omertà at Goldman was the fact that an employee existed there at all who was still capable of making a moral or ethical judgment and could even express something resembling remorse.
Robert Reich: If you took the greed out of Wall Street all you’d have left is pavement. The problem is endemic abuse of power and trust.
Robert Reich: American business won’t and can’t lead the way to more and better jobs in the United States. First, the private sector is increasingly global, with less and less stake in America. Second, it’s driven by the necessity of creating profits, not better jobs.
Robert Reich: Wall Street is its own worst enemy. It should have welcomed new financial regulation as a means of restoring public trust. Instead, it’s busily shredding new regulations and making the public more distrustful than ever.
Robert Reich: President Obama must not be seduced into believing — and must not allow the public to be similarly seduced into thinking — that the well-being of American business is synonymous with the well-being of Americans.
Mike Price: Given Rupert Murdoch’s widely known insatiable hunger for power, reading another story about his carefully constructed Politician Enslavement Program probably won’t shock you out of your ‘jammies.
Robert Reich: The American people will continue to have to foot the bill for the mistakes of Wall Street’s biggest banks because the legislation does nothing to diminish the economic and political power of these giants.
Victoria Defrancesco Soto: The issue trifecta of Benghazi, the IRS audits, and the AP investigations has resuscitated the near moribund Tea Party. While each of these issues deals with different agencies and actors they share the common denominator of heightening distrust in the government.
RJ Eskow: Dimon isn’t the cause of our economic problems. He’s merely a symptom. He’s no more responsible for the wreckage he leaves behind than a surfer is responsible for the undertow of the wave he’s riding. Dimon may lack moral sensitivity, but then, that’s the character that got him where he is today.
Randy Shaw: Garcetti kept the progressive base he earned from this City Council record and combined it with conservative San Fernando Valley voters angry at the Valley-based Greuel for her campaign receiving million of dollars from unions representing Department of Water and Power workers.
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