Mark Naison: The last time we had an extended period of profits rising while wages stagnated was the 1920’s – many historians view this as the most significant underlying cause of the Great Depression.
Randy Shaw: The same folks who “sold” the Iraq invasion and the housing bubble are all in on the “Mitt-mentum” theme, but this time the voters are not buying.
Joseph Palermo: Worse than Swift Boating, worse than Willie Horton, Mitt Romney is running the most craven, dishonest, and hypocritical campaign we’ve seen in contemporary American politics.
Joseph Palermo: After telling his readers he isn’t going to blame the poor for being poor because of their bad behavior, David Brooks plows right ahead and blames the poor for being poor because of their bad behavior.
Kwazi Nkrumah: After U.S. housing prices peaked in mid-2006 and began a sharp decline thereafter, refinancing became more difficult.
Tina Dupuy: When you double down – you lose twice as much – twice as quickly. And that sums up Speaker John Boehner’s tenure just perfectly.
Joseph Palermo: Prosperity never “trickles down.” And people are finally catching on. The housing bubble went too far. It destroyed too many lives and livelihoods to go unquestioned and unpunished, as Wall Street (and Washington) would like it.
David Love: There is every indication that the bursting of the student debt bubble, like the housing bubble before it, is imminent. And when it happens, it will send shockwaves throughout the financial markets. People of color will be especially vulnerable.
Joseph Palermo: President Obama’s much anticipated speech outlining his jobs agenda for the 2012 election year will sound a lot like a tiny mouse trying to make a loud roar. Instead of clarity, we’ll get hedging; instead of “bold,” we’ll get wishy-washy.
Andrea Nill: Over the past month, real estate mogul Donald Trump has made quite a name for himself as a right-wing birther.
Mark Dempsey: After having reduced taxes without reducing spending, the Republicans can now get Jerry Brown and the California Democrats to do the politically unpopular work of terminating programs that would otherwise be too popular to touch. It’s clever, but hardly non-partisan.
Robert Reich: As income and wealth have risen to the top, so has political power. Money is being used to bribe politicians and fill the airwaves with misleading ads that block all of this.