Randy Shaw: After last week’s budget deal, it is clear that Barack Obama, the Democratic Party, and progressives would all benefit from the President facing a primary challenge in 2012.
Bob Letcher: Do you have an approach for getting people past the bitterness that divides them, so that they can reinvent capitalism together; or, do you think that capitalism doesn’t need reinventing,?”
Tracy Emblem: Let’s give the new legislation which provides tax breaks and job incentives for “small businesses” time to work before blindly accepting McConnell’s argument that allowing the Bush-era tax cuts to expire would hurt small businesses. We must start closing the deficit gap.
Robert Reich: Only twice before in American history has so much been held by so few, and the gap between them and the great majority been a chasm — the late 1920s, and the era of the robber barons in the 1880s.
Tracy Emblem: Workers are the backbone of America but the backbone has been aching for some time and needs immediate and serious attention – through job creation policies.
Robert Reich: Whatever the outcome of the upcoming midterm elections, the activist phase of the Obama administration has likely come to a close. The President may have a fight on his hands even to hold on to what he’s already achieved because his legislative successes have been large enough to fuel strong opposition but not big enough to strengthen his support. The result could be disastrous for him and congressional Democrats.
Robert Letcher: It has become a very cruel world out there, and latecomers are cruelly left out. Until a new economic order emerges, only the technologically aware have a chance to prosper. We hope our approach will help us to that end.
Marcy Winograd: 50,000 doors knocked and calls made, over 800 volunteers, $426,000 raised without a dime of corporate money — that’s the Winograd for Congress campaign.
Andrea Christina Nill: despite his concerns relating to foreign workers, Grassley has already asserted that he isn’t interested in working towards a productive solution that involves even touching a “general immigration reform bill” with a ten-foot pole.
Obama still has time to deliver for his base. But this will require activists and constituency groups to ramp up public demands for such a course, rather than thinking they are helping the progressive cause by making excuses for a president whose inspirational words about social transformation have not been matched by actions.
Though Winograd expresses disappointment in the President, she acknowledges Congress’s responsibility in the matter, pointing out that her opponent, Jane Harman, voted last spring to spend another 100-billion dollars to escalate the war in Afghanistan.
In a word: No. The plan doesn’t stop stop bankers from making huge, risky bets with other peoples’ money. It does increase capital requirements and oversight, but it doesn’t require bankers to take their pay in long-term stock options or warrants, and it doesn’t even hint that banks should go back to being partnerships instead […]
It’s the kind of thing I expect to hear from deficit hawks and chicken littles — from the self-described “fiscally responsible” right, from the scolds Ross Perot and Pete Peterson, from my former cabinet colleague Bob Rubin. But yesterday I was shown slides developed by the putatively liberal Center for American Progress intended to make […]