Ted Vaill: Mitt Romney, the Republicans’ default choice for President no one really likes, deserves to be asked the hard questions such as those directed by Jeff Daniels to the panel of GOP candidates in Adam Sorkin’s “Newsroom”,
Robert Reich: The deal the President struck with Republican leaders is an abomination. It’s larger than the bailout of Wall Street, GM, and Chrysler put together, larger than the stimulus package, larger than anything that’s come out of Washington in years. The president needs new advisors.
Randy Shaw: President Obama spent nearly his entire first year playing “bipartisanship” with those out to destroy him. As much as many of us cheered Obama’s election and still admire many of his skills, the sad reality is that his failure to aggressively push for change in 2009 is the chief cause of the celebrated enthusiasm gap.
“The Party of No doesn’t want the union vote, the working family vote,” AFL-CIO President Rich Trumka said at the AFL-CIO-sponsored Battleground States Conference. “They want us all to stay at home out of frustration.”
Robert Reich: Whatever the outcome of the upcoming midterm elections, the activist phase of the Obama administration has likely come to a close. The President may have a fight on his hands even to hold on to what he’s already achieved because his legislative successes have been large enough to fuel strong opposition but not big enough to strengthen his support. The result could be disastrous for him and congressional Democrats.
Joseph Palermo: Tuesday night President Obama explained how his administration is going to respond to the most devastating human-made ecological catastrophe in the nation’s history. But he apparently doesn’t recognize how overwhelmingly popular it would be right now with the American people if he came out swinging against the malefactors of great corporate wealth like BP (or Goldman Sachs).
Natalie Davis: Whether the GOP and its militant wing like it or not, they are Teabaggers. Theirs is the Teabag Movement. And this country is in deep trouble if they win. The Teabag Party/GOP oppose equality for women and gays — more than a few have said to me that despite their admiration for gun-totin’ TV star Sarah “Pitbull with Lipstick” Palin, they believe all other women should “get back in the kitchen.”
Joseph Palermo: Unless the Congress moves some progressive legislation quickly there’s going to be trouble this fall because any political party that is stupid enough to allow a couple of shmucks like Joe Lieberman and Ben Nelson, or the outcome of a special election in New England, to unravel its governing coalition doesn’t deserve to be in power.
Ivan Eland: The Cold War is long over, and the concomitant rationale (dubious even then) for using an interventionist U.S. foreign policy to attempt to run the world is now obsolete and even dangerous in an era of blowback terrorism. Many empires throughout history have collapsed or withered away because their aspirations were too big for their wallets; the U.S. is in that perilous position now. Therefore, the United States should dramatically retract its defense perimeter, thus cutting the U.S. security budget by half and saving more than $500 billion a year.
Joseph Palermo: The Democrats must pass a lot of legislation before the midterms or they’re going to be very sorry. Soon enough, given the Supreme Court’s recent 5-4 ruling in Citizens United v. FEC, we’re going to see campaigns where our choice for U.S. Senator will be between the “Doritos Nacho Cheese Tortilla Chips” candidate and the “Pepsi/Pizza Hut/KFC/Frito Lay/Taco Bell” candidate. Former President George W. Bush is raking in the bucks speaking at the National Grocers’ Association. First he defiled the presidency by getting John Yoo to turn the Justice Department into a law factory for monarchical presidential powers, now he shares the stage as an inspirational speaker with Terry Bradshaw. Our elections are about to become a satirical skit that Stephen Colbert of the Colbert Report did a long time ago.
Robert Reich: Mad-as-hellers don’t trust big government. But they don’t trust big business and Wall Street, either. They especially hate it when big government gets together with big business and Wall Street – while at the same time Main Street is in shambles and millions of people are losing their jobs and homes.
President Obama’s second recovery plan must invest in future industries with large pay-offs in terms of career-path learning and earning opportunities in the Green economy. Put laid-off Boeing missile defense workers back on the job building electric buses for the future. Put college professors back to work in Green Energy Departments at universities across the country. Put steelworkers back to work strengthening our bridges in earthquake-prone California. Put everyone with a hard hat back to work building solar panel parts now outsourced to China.
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 [...]
No president in modern times walks a tightrope as exquisitely as this one. His balance is a thing of beauty. But when it comes to this economy right now — an economy fundamentally out of balance — we need a federal government that moves boldly and swiftly to counter-balance the huge recessionary forces still at large
The public doesn’t know what’s going on because the national media would rather report on the sexual escapades of famous people or social trends or high finance (a recent Pew study of economic reporting shows the vast majority of stories about the Great Recession have focused on Wall Street rather than Main Street).
It would be hard to get a new stimulus package through Congress, but no member who’s up for reelection next year when unemployment is likely to be in double digits wants to be accused by rivals of voting against steps to help small businesses, public schools, childrens’ health, and average working people who need a tax cut.
In a word: No. The plan doesn’t stop stop bankers from making huge, risky bets with other peoples’ money. It does increase capital requirements and oversight, but it doesn’t require bankers to take their pay in long-term stock options or warrants, and it doesn’t even hint that banks should go back to being partnerships instead [...]
It’s the kind of thing I expect to hear from deficit hawks and chicken littles — from the self-described “fiscally responsible” right, from the scolds Ross Perot and Pete Peterson, from my former cabinet colleague Bob Rubin. But yesterday I was shown slides developed by the putatively liberal Center for American Progress intended to make [...]