Keynes and Hayek, Obama and the Republicans

friedrich von hayek

*+-Walter Moss: From the Reagan years to the present, conservatives have been fond of quoting Friedman and Hayek. Their influence can be seen in such documents as the Republican Party’s 1994 “Contract with America.”

Free Enterprise on Trial

mitt occupy

*+-Robert Reich: The Right’s blather about free enterprise risk-taking has it upside down. The higher you go in the economy, the easier it is to make money without taking any personal financial risk at all. The lower you go, the bigger the risks.

An Offer to the President

Photo: White House Photographer Pete Souza

*+-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.

The Remarkable Political Stupidity of the Street

waive bank fees

*+-Robert Reich: Wall Street is its own worst enemy. It should have welcomed new financial regulation as a means of restoring public trust. Instead, it’s busily shredding new regulations and making the public more distrustful than ever.

A Passionless Presidential Race?

barack obama

*+-Robert Reich: Occupiers and others have had enough.

Yet paradoxically the presidential race that officially begins a few months from now is likely to be as passionless as they come.

The Corporate Pledge of Allegiance

corporate donors

*+-Robert Reich: The Court thinks corporations have First Amendment rights to spend as much as they want on politics, and Romney (and most of his fellow Regressives) think they need lower taxes and fewer regulations in order to be competitive. These positions are absurd on their face.

Survey Saturday: Occupy Your Mama

occupy oakland

*+-Survey Saturday: With upwards of ten thousand Occupy protesters flooding through downtown Oakland yesterday to close shipping facilities there and organizers here in Los Angeles planning a full teach-in weekend with the likes of Robert Reich and Robert Scheer, the Occupy Movement has the world’s attention.