Robert Reich: the President explained why the way to create more jobs and to get the economy back on track is to strengthen the middle class, in sharp contrast to Romney’s trickle-down redux.
Brent Budowsky: Never before in American history has unemployment been so high, yet neither the president nor Congress pushes for a major jobs bill.
So the fact that Goldman has reverted to its old ways in the market suggests it has every reason to believe it can revert to its old ways in politics, should its market strategies backfire once again — leaving the rest of us once again to pick up the pieces.
Gordon Gecko had a long run of it, but now the party is over. I’m talking, of course, about the character in the film Wall Street, that conniving titan of finance who would sell his mother for a buck and a quarter, and there is scant evidence that he had not already accomplished that goal. […]
America is the greatest country in the world… Or at least that’s what they tell me. The greatest country? Now, exactly what yardstick were you using just now? Such a bold statement with such paltry evidence! Sounds like the words of someone who hasn’t been anywhere, Yet those who have lived, traveled and studied Beyond […]
by Eric Ekstrand — The results of the election of Tuesday, November 4th, were more than the elevation of a singularly talented, skilled, and visionary statesman, Barack Obama, to our highest office; more than the ultimate display of the progress this country has made towards civil rights and justice; more than a victory for the […]
by Gene Rothman — A new Goldilocks gauge has gripped the Guardians of Greed. Too Big to Fail (TBTF) used to be one size fits all. Big corporations would be bailed out only if they were Big Enough. But now, the fickle public has grown Leery of the Too Large. It may now be seen […]
This Democratic victory should be seen primarily as a rejection of the sectarian conservatism of the George W. Bush Administration. There is certainly a mandate to reimpose sensible regulation on the economy, to do something (exactly what is not so clear) about a failing health care system, and to find a way out of Iraq. […]