RJ Eskow: They’ve cheated customers and defrauded investors. Now they want to use our legalized system of campaign-cash corruption to protect themselves from the very government which rescued them.
RJ Eskow: Voters can sense an absence of conviction from a political party. The absence of a unifying core may help explain the Democrats’ devastating 2014 performance. The electorate may have concluded that, to paraphrase Gertrude Stein, there was no there there.
RJ Eskow: It has been suggested that the Democratic Party can run and win on social issues in 2016, but that seems less likely after this year’s results. If voters can reject a personhood amendment and elect a far-right Republican on the same ballot, social issues aren’t likely to be the cure-all some Democrats are seeking.
RJ Eskow: Rather than letting themselves be kept on the defensive – about President Obama, the Affordable Care Act, Ebola, or the Middle East – Democrats would be wise to pick one or two key issues and keep hammering away at them.
RJ Eskow: We are told that AIG and the big banks were rescued in order to prevent a systemic failure. But there was a systemic failure of sorts. In fact, there were a number of them.
RJ Eskow: America’s cities are well-positioned to act as engines for progressive change. De Blasio’s New York is playing a critical role in this process of urban transformation.
Richard Eskow: It’s greed, not government, which subjugates us today. Nobody wants to be an insect, but Rand and her followers want to turn society into a hive filled with sociopathic bees. When that happens, as the investors in Chile learned, somebody’s bound to get stung.
RJ Eskow: Today’s blatantly amoral capitalism is an anomaly in modern history, a throwback to the days of the Industrial Revolution. But it is an anomaly we can no longer afford.
RJ Eskow: Their instinct seems to be to trumpet what’s right about the economy instead. But that message won’t resonate when economic conditions are so miserable for so many people.
RJ Eskow: There are only a handful of issues that can energize that base, especially this late in the election season, and the minimum wage may be the most powerful of them all.
RJ Eskow: The actual rate paid by American corporations, once they’re done applying all the loopholes their lobbyists in Washington have designed, their actual rate is at the low end of the global tax spectrum – and this at a time when many corporations are achieving record-breaking profits.
RJ Eskow: Expanding the ACA’s executive-pay provision to all companies, and improving its design even more, would begin the process of removing incentives for senior executives to put their companies at risk and disregard the needs of employees and customers.
RJ Eskow: We need to start thinking about our nation’s “economies,” of which there are at least two. There is the one that is inhabited by corporations, the wealthy, and the investor class. Call that one the “elite economy.” Then there’s the other economy, the one where most of us live.