RJ Eskow: The Democratic Party’s fixation on “paying for” every new initiative may have been its greatest blunder of the last thirty years.
Roger Lowenstein challenged the widely-held opinion that Lloyd Blankfein, outgoing CEO of Goldman Sachs, is a bad person who has done a great deal of harm to the economy. In this case, the wisdom of crowds got it right.
RJ Eskow: Geithner made some (presumably unwelcome) news last week when it was reported that Warburg Pincus, the financial firm he now helms, is in the words of one employee, “monetizing poor people.”
RJ Eskow: The message should have been clear: Democratic “centrism” – an economic ideology that is further right than public opinion on many key issues – is not the way to win or keep political power.
RJ Eskow: Our country’s economic condition is fragile, and the next recession could be catastrophic. Why, under these conditions, would the people entrusted with our economy decide to make things more dangerous?
RJ Eskow: In the survey’s most striking finding, 61 percent of Millennial Democrats polled – nearly two-thirds – expressed favorable views of socialism.
RJ Eskow: The court’s conservatives are now an openly partisan cadre. They’re political operatives, not jurists. They’re part of a vast and well-funded Republican machine that seeks to screw American workers so it can further enrich its wealthy patrons.
RJ Eskow: When it comes to deep corruption, which perverts government’s role for the benefit of the privileged few, Mick Mulvaney is a master of the art. In fact, he’s made it his ideology.
RJ Eskow: Democrats should be concerned about the decline in voter participation among African Americans in 2016.
RJ Eskow: From the tax bill’s name – the “Tax Cuts and Jobs Act” – to the arguments made in its favor, the bill has been a three-card monte played on middle-class Americans.
RJ Eskow: The party’s penchant for “centrist,” corporate-friendly candidates has long been the subject of Washington cocktail-hour talk, but a series of news reports has placed it squarely in the public eye.
RJ Eskow: Democratic Senators Heidi Heitkamp, Joe Donnelly, and Joe Manchin have already said they will vote to confirm Mike Pompeo. If they do, they will have put a bigot in the nation’s highest diplomatic position – and put a stain on their own party’s right to claim the mantle of inclusion.
RJ Eskow: It’s true that we are in a period of global change, and the loss of a governing world order brings instability, uncertainty, and risk. But the real causes of today’s political instability lie within the order itself.