June 10, 2012

Whether you believe the Republicans are engaging in purposely destructive fiscal behavior or are simply fiscally incompetent, it almost doesn’t matter. It most certainly is bad economic policy and that should be part of any national debate not only on who is to blame for the current economic mess, but also what steps should be taken to get out from underneath it.

But don’t hold your breath on that happening. Presidents get blamed for a bad economy; and certainly, Republicans are unlikely to take responsibility for the country’s economic woes. The obligation will be on Obama to make the case that it is the Republicans, not he, who is to blame – a difficult, but not impossible task.

More here.

November 8, 2011

From The 1% are the very best destroyers of wealth the world has ever seen by George Monbiot in The Guardian

If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire. The claims that the ultra-rich 1% make for themselves – that they are possessed of unique intelligence or creativity or drive – are examples of the self-attribution fallacy. This means crediting yourself with outcomes for which you weren’t responsible. Many of those who are rich today got there because they were able to capture certain jobs. This capture owes less to talent and intelligence than to a combination of the ruthless exploitation of others and accidents of birth, as such jobs are taken disproportionately by people born in certain places and into certain classes.

September 27, 2011

From “America Needs its own “Spring’”, by David Talbot

I founded Salon 16 years ago because I thought the country needed a strong, independent news operation. The Web gave my collaborators and me a platform for free and spirited journalism, and we took full advantage of it. For the first time in my life as a journalist, we — editors, reporters, critics and designers — were in sole control of our work, not managers and corporate sponsors…

Americans are deeply worried and dispirited. Three years ago, as the country slid into a bottomless recession, we rallied around a presidential candidate who promised real change, only to see him fall captive to the same forces of greed and endless war that have brought us to ruin. The alternatives presented by the Republican Party would only accelerate this national decline. We’re faced on the one side by a well-meaning but ineffectual leader who has waited far too late in his presidency to rally the people around the powerful themes of jobs and economic justice — and on the other side by GOP leaders who are competing to see how quickly they can dismantle the last decent vestiges of public life in America.

We can no longer wait for the country’s corporate-dominated political system to solve our problems. All of us know friends and family members who are in dire straits; many of us are barely clinging on, struggling to pay the bills and raise our children, while trying to give them a sense of hope for the future. The richest get even richer, the rest of us get poorer. The gap between the powerful and the powerless in America grows wider than ever…

Last week I visited the young people who were camped out near the New York Stock Exchange, in protest against Wall Street’s reign of greed. They told me they had little to look forward to in today’s America. No jobs, a crushing load of student debt, and a political system that seems completely rigged against people like themselves. But they had not given up hope. Inspired by the social upheavals in the Arab world and the protests in Europe against rapacious financial elites, these young Americans are calling for their own “American Spring.”

Salon wholeheartedly embraces this process of national renewal…