Joseph Palermo: It’s as if the baby boomers, having gotten their own quality schooling for a fraction of the price students pay today, are kicking the ladder out from under their children and grandchildren and substituting it with a shoddy, privatized product to which they, in their youth, never would have succumbed.
James Livingston: When David Brooks and Rush Limbaugh suggest that the Occupy Wall Street crowd might be speaking “an anti-Semitic code,” you know the times, they are hysterical.
Carl Bloice: In most of the rest of the world the prescribed method for dealing with economic crisis is austerity. That’s what it is when, in order to deal with the economic malfunctioning, you cut education budgets and fire teachers, enact special taxes that hit working people hardest, reduce services for the indigent and threaten to reduce or eliminate retirement and medical programs for seniors. It comes down to who, in a pinch, is going to be required to lower their living standards, and which individuals and families are expected to lead more austere lives.
Ron Wolff: “So we’re paralyzed in the face of mass unemployment and out-of-control health care costs…Blame our political culture, a culture that rewards hypocrisy and irresponsibility rather than serious efforts to solve America’s problems…I’m sorry to say this, but the state of the union — not the speech, but the thing itself — isn’t looking very good.”
In “Green the Bailout,” (New York Times, September 28, 2008, WK 11) Thomas Friedman argues that, confronting the crisis on Wall Street, “we don’t just need a bailout. We need a buildup. We need to get back to making stuff, based on real engineering not just financial engineering.” Citing an Indian-American immigrant friend, he argues [...]
It really makes the Iraq debate easy for John McCain when he throws around words like “win” and “victory” and “prevail” and “success” without really defining what they mean. A short time ago he was calling for American troops to remain in Iraq forever and that Obama was “naive” for suggesting otherwise. Now that the [...]