Tom Hall: Wouldn’t it be great if this latest Pentagon boondoggle to shovel more taxpayer dollars out the door for worthless crap brought together progressives and tea baggers in opposition to real government waste?
Madelaine Janie: Richard Riordan got a lot of things wrong when he was mayor. Current elected officials should be wary about taking the former mayor’s advice today.
Marcy Winograd announced she is kicking off a campaign to fill Jane Harman’s vacated 36th CD seat. The kick off starts Saturday, Feb. 26, 10 am in front of Fox Drug of Torrance (Old Town), 1327 El Prado, Torrance, 90501. Last June, Marcy Winograd, a teacher at Crenshaw High School, ran against the incumbent Jane Harman and received 41% of the vote.
Brent Budowsky: The 2010 elections are in the ninth inning. There are two outs. The Democrats are down by two runs. There are two runners on base. The Babe is stepping to the plate, wielding the big bat, ready to take the big swing.
Robert Reich: Republicans have been looking for a way to oppose Senate Dems on financial reform without looking like patsies for the Street. And now they think they’ve found it — by trying to make Democrats look like patsies for the Street. The strategy is surely the handiwork of Republican pollster Frank Luntz who for months has been telling Republicans “the single best way to kill any legislation is to link it to the Big Bank Bailout.”
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.
Some say we cannot afford to leave Afghanistan. In fact, my opponent argues we must eradicate corruption there because – ‘… the United States has invested too many troops and too much treasure to fail.’ I say – We cannot afford to stay in Afghanistan because we will bankrupt our country.”
In a recent interview, Richard Holbrooke, White House Special envoy to Pakistan and Afghanistan and a key architect of President Obama’s “surge” strategy, declared the War on Drugs in Afghanistan to be a failure.
AIG has finally come clean with the public about who was at the other end of its calamitous financial bets. The recipients of billions of taxpayer dollars were … well … pretty much the banks that we expected: Societe General, Goldman Sachs, and Deutsche Bank, to name a few. The full list is here . […]
by Robert Reich — Our preoccupation with the immediate crisis of financial capital is causing us to overlook the bigger crisis in America’s human capital. While we commit hundreds of billions of taxpayer dollars to Wall Street, we’re slashing our outlays for public education.
by Robert Reich — According to Treasury Secretary Hank Paulson, the biggest Wall Street banks now getting money from the government are just “too big to fail.” Fed Chairman Ben Bernanke uses a different euphemism – he calls them “systemically critical.” The point is that if any of them goes down, it could take the […]
We’ve been here before: The Republican attack machine at full throttle, spewing lies in best-selling books, on Fox News, on talk radio. The mainstream media reporting on the controversy, thereby giving it more air time and squeezing out the Democrats’ affirmative message. Followed by accusations by Democrats that Republicans are playing unfairly. Responded to by […]