Charley James: Chairman Bernanke may well be boxed in by the Fed’s much-to-cautious ruling board of bank presidents but there’s no reason why he cannot use his very public platform to jawbone the governors into action.
Gil Troy: Presidential power also comes from the ability to reward and punish, to create careers and destroy others – demanding a ruthlessness in domestic politics Barack Obama has rarely displayed.
Anthony Samad: The rise of the Tea Party wouldn’t have taken place had we had a white president. Blink if you want to…but the fact this has not happened to any other President has raised my “Race-dar,” beyond anything ideological battles could muster. Race(ism) has not disappeared in this country. It’s just been codified.
Robert Reich: Anyone who characterizes the deal between the President, Democratic, and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics.
Tom Degan: In a move that is as transparent as it is outrageous, our Republicans representatives are so desperate to take back the White House and the senate in 2012, they are within twenty-six days of sending the American economy – along with the American people – into the abyss.
Tina Dupuy: The middle class and small businesses have been wrecked by “too big to fail” Goliaths who engaged in ethically reprehensible – yet shockingly legal practices.
Tom Degan: You thought the One-hundred and Eleventh Congress was beyond awful? OH, BROTHER! This one will be remembered as the worst in history. Anyone care to make a little wager on this point?
Tom Degan: The president, far from being the Progressive warrior his base was praying for when we elected him two years ago, appears hell bent on caving into their demands.
Joseph Palermo: The National Bureau of Economic Research tells us the Great Recession is “over.” The only thing this announcement reveals is just how out of touch and compassionless those who view human society through the lens of quantitative measurements can be.
Tom Degan: Then there is the core of the Democratic vote, the so-called “base”. Like the half-witted six-year-old who didn’t receive the toy he wanted for Christmas, they’re in the process of having a blue-faced tantrum. Because they didn’t get all of that nice hope and change stuff that Barack Obama promised them two years ago, they’re just going to stay home and sulk on Election Day.
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.
Schwarzenegger doesn’t get the human costs of his actions. He seems to enjoy the attention he’s getting as well as playing on right-wing “populist” anger. He’s satisfying his Tea Bagger constituency by beating up on Californians who happen to be poor or work in the public sector.
Just as many of the neo-cons seemingly cross their fingers hoping for a mass-casualty terrorist attack on U.S. soil because they see it as political gold for them, they’re also cheerleading for the economy to remain stagnant