Berry Craig: One of the strangest—and for me, most annoying—perversions of politics in the Obama era is the meme pursued by so many on the right suggesting that this president is a raging socialist who seeks to install a permanent welfare state in America—despite all evidence to the contrary
Ann Robertson and Bill Leumer: Amazingly, Krugman never mentions the decline of organized labor as a huge factor explaining the decline of the standard of living of working people, adding that there has been so little discussion of these developments.
Friday Feedback: To just hold signs and chant about being the 99% and it being so unfair may have reached the point of diminishing returns while the mercurial attention of the American media and public is turning to the next shiny object.
Ed Rampell: Oliver Stone’s Wall Street: Money Never Sleeps is a bold, visually stunning movie and the best critique of the capitalist system and its 2008 financial meltdown since Michael Moore’s Capitalism: A Love Story.
Bob Letcher: doubt that any portion of the collapse of GM was included as a cost of NOT having national healthcare. But all those Golden Handcuff’s that GM’s employees understandably put on their own wrists as the only way they could see for keeping their loved ones healthy and covered just might have contributed to the recent very expensive collapse of the company, the company towns, all the nameplates and jobs.
by Ira Chernus — Looking back on Barack Obama’s first post-election interview with “60 Minutes,” no one should be surprised that he admitted he’s reading about Franklin D. Roosevelt’s first hundred days in office. In fact, the president-elect — evidently taking no chances — is reportedly reading two books: Jonathan Alter’s The Defining Moment: FDR’s […]
Herbert Hoover converted a mundane recession into the greatest economic disaster in modern history—the Great Depression. Unfortunately for all of us, George W. Bush is headed down that same path.