Robert Reich: While Bill Clinton stumps for Obama, Romney has gone out of his way not to mention the name of the president who came after Clinton and before Obama.
Robert Reich: If you took the greed out of Wall Street all you’d have left is pavement. The problem is endemic abuse of power and trust.
Robert Reich: So here’s the deal: We’ll reelect you. We’ll stand behind you. We’ll give you a mandate to do all this – and more – in your second term. As long as you stand behind us.
Robert Reich: Republicans haven’t come up with a single new idea in almost 60 years. Herbert Hoover was the last Republican president to introduce a new Republican theme back in 1952 at the Republican National Convention. Since then they’ve repeated the message. Of course, Herbert Hoover, you may remember, didn’t have a sterling record when it came to the economy. As president, he presided over the Great Crash of 1929 and ushered in the Great Depression.
Robert Reich: John Boehner, the Republican House leader who will become Speaker if Democrats lose control of the House in the upcoming midterms, recently offered his solution to the current economic crisis: “Liquidate labor, liquidate stocks, liquidate the farmer, liquidate real estate. It will purge the rottenness out of the system. People will work harder, lead a more moral life.”
Tip 1: Grassroots Movement to give American Homeowners a bailout There is a grassroots and on-line movement to get Congress to give American homeowners the same kind of bailout they are giving Wall Street. Many people, including Whoopi Goldberg, Bill Clinton and others are asking for banks to write down subprime mortgages given during the […]