Walter Brasch: The Congressional Budget Office says the sequester could cut more than 750,000 federal jobs. Republicans like that idea, especially since most federal employees are also members of unions. But, those jobs include public health officials, social service workers, teachers, air traffic controllers, and others in critical jobs.
Robert Reich: S&P’s intrusion into American politics is also ironic because, as I pointed out recently, much of our current debt is directly or indirectly due to S&P’s failures (along with the failures of the two other major credit-rating agencies — Fitch and Moody’s) to do their jobs before the financial meltdown.
Robert Reich: The nation and Oba,ma remain hostage to the ideology of right-wing Republicans who won’t let the government spend more money. Yet if the government can’t spend more – at least this year and next, until the pump is primed and the economy is growing again – we won’t see job growth. And without job growth, the economy will remain anemic.
Robert Reich: Republicans are using what would otherwise be a routine, legally technical vote to raise the debt limit as a means of holding the nation hostage to their own political goal of shrinking the size of the federal government.
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.
Robert Reich: I hope the President decides he has to take a stand, and the sooner the better.
Marcy Winograd: I am running for Congress, again, because now is the time for bold leadership, for someone to stand up and say NO to those would privatize and loot America, to those who would seize our Social Security checks and deny us Medicare.
Paul Hogarth: California voters are already filling out their absentee ballots. While they vote to pass Prop 19 and “no” on Prop 23, it’s important for them to also vote “yes” on Prop 24 and 25 – but most importantly, “no” on Prop 26. If we don’t get the word out, it could pass.
David Love: A group of mostly Republican lawmakers refuses to reauthorize an extension of $33 billion in unemployment benefits. And in blocking the legislation during desperate times, they are holding 2.5 million Americans hostage, all for a political stunt. T
Andrea Nill: At a recent town hall meeting in Tempe, Arizona, Sen. Jon Kyl (R-AZ) announced that President Obama is “holding border security hostage” to immigration reform. Kyl claims that Obama suggested in private that Democrats won’t secure the border because, if they do, Republicans will have no reason to support immigration reform
Joseph Palermo: The financial reform legislation currently winding its way through the Congress is a step in the right direction but it retains too much of the status quo that brought down the economy in the first place. The key problem, as many economists have been telling us, is that the top financial institutions remain “too big to fail.” Congress can enact all the regulations it wishes but even the best written rules won’t be enough to prevent another financial meltdown.
This is a heckuva hangover. More than just the sun dawned on me on the morning after Obama Day. I realized as I woke up following the Inauguration of Barack Obama as the 44th President of the United States that I’m not sure how to behave anymore. For eight years I’ve felt like a hostage. […]