Posted on 08 March 2011. Tags: Bill Clinton, Citigroup, Deficits, Democrats, Financial Crisis, Financial Crisis Inquiry Commission, Glass-Steagall, Middle Class, Robert Rubin, Wall Street
Forget the criminals on Wall Street. What is more telling, troubling and almost bizarre is how quickly the chattering classes and political power brokers have shaken off the stain of the financial crisis, inviting back to center stage some of the very people responsible for destroying trillions of dollars in wealth and costing millions […]
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Posted in General Interest
Posted on 26 February 2011. Tags: Democrats, Governors, John Podesta, Manufacturing
I happened to catch a fairly dumb, back-patting panel run by the Democratic Governors Association (DGA)–ok, sure, it was to be expected to be of low level. Why? Here is a dumb question that unfortunately reflects the on-going rhetoric in the country: John Podesta, uber-lobbyist/insider/head of the Center for American Progress, asked: how important […]
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Posted in General Interest
Posted on 08 February 2011. Tags: AFL-CIO, CEO Greed, Chamber of Commerce, Corporate Power, Democrats, Fairness, Labor, Middle Class, Regulations, Surrender, The White House
It’s official. The president’s stroll to the Chamber of Commerce marks the handing over of the keys to the future of the middle class to the business world (not to mention the complete airbrushing out of the entire economic picture anyone considered poor). And it really has happened with not much struggle. For […]
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Posted in General Interest
Posted on 26 January 2011. Tags: American Dream, Benefits, Decency, Democrats, Economy, Financial Transactions Tax, Middle Class, Social Security, Spine, Wall Street, wealth
I think we are making a mistake, both economically and politically, by confining our defense of Social Security to an argument about simply preserving current benefits. We should be pushing for an INCREASE in Social Security benefits as both a social and economic necessity. Let me start with the hardest challenge facing people who […]
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Posted in General Interest
Posted on 15 January 2011. Tags: "Free Trade", Bill Daley, Bruce Reed, Capitulation, Catfood Commission, Corporate Power, Democratic Leadership Council, Democrats, Failure
I just got off the phone with a reporter who wanted my thoughts on the appointment of Bruce Reed as Joe Biden’s chief of staff. My first though, sarcastically, was that I wondered whether Bernie Madoff would now be brought in to oversee Consumer Protection…of course, an exaggerated observation but I wonder: Who will speak […]
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Posted in General Interest
Posted on 07 December 2010. Tags: Barack Obama, Democrats, Greed, Paul Krugman, Republicans, Taxes, Unemployment Benefits, Wall Street
For those of you who might remember the days of the Carter Administration when the U.S. embassy workers in Teheran were held under lock and key for a very long time–"Nightline" got its ratings boost, and made its name, from the nightly graphic trumpeting how many days America had been "held hostage". Well, we […]
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Posted in General Interest
Posted on 04 December 2010. Tags: Censure, Charles Rangel, Corruption, Democrats, Entitlement, Ethics Committee, Politics, Reprimand
Last night, I appeared on Capital Tonight with Liz Benjamin to speak about the censure vote of Charlie Rangel.
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Posted in General Interest
Posted on 03 December 2010. Tags: Censure, Charles Rangel, Corruption, Democrats, Entitlement, Ethics Committee, Politics, Reprimand
Politics, and the maneuvering in politics that so many of our citizens despise, has a way of muddying the waters and clouding the truth. The combatants in politics, aided by the shallowness of media coverage, engage in tussles that leave the voters scratching their heads. The average, normal person thinks: “Wait, my basic values […]
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Posted in General Interest
Posted on 18 November 2010. Tags: Corporations, DCCC, Democrats, Jones Day
I have to confess to being entirely bored by the House leadership drama. The idea that somehow shaking up the leadership would send a message that the party "has heard" the people is good satire but not serious debate–particularly when not a murmur is heard when the DCCC decides to throw a party under the […]
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Posted in General Interest
Posted on 11 November 2010. Tags: Democrats, Harry Reid, John Wilhelm, Tim Kaine, UNITEHERE
This will be interesting. The Democratic Party loves to come to the labor movement when it needs help or money. Harry Reid, for example, doesn’t win re-election without the help of the Culinary Workers i.e., UNITEHERE. And so: A union representing hotel workers has asked the Democratic National Committee to rule out two of […]
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Posted in General Interest