“In exchange for ravaging the most popular and successful programs Democrats have ever produced, and for a vital chunk of nearly every American’s retirement savings, Barack Obama’s grand bargain would have meant accepting an entire economic philosophy diametrically opposed to the one he had run on. For the most basic principles of public life to be so readily malleable, even for a president, is to strip any meaning from democracy.” — Kevin Baker in “Why Vote? When your vote counts for nothing”, from the Oct, 2012 edition of Harper’s Magazine.
Finally, near the end of his presidency, President Obama is displaying the sort of fighting spirit that we needed early on. Unfortunately, Obama is directing his wrath at Elizabeth Warren and other progressives. Just two years after the end of disastrous and corrupt presidency of George W. Bush, Democrats were dealt a shellacking in the […]
The Wall Street Journal points out that by retaining tax cuts for incomes up to $400,000, “Democrats aren’t just accepting, but embracing and extending, at least 98% of the 2001 Bush tax cuts.” Throughout the run-up to the budget deal, I received emails from the White House emphasizing the reasons why the President would have […]
“In negotiation after negotiation, the Democrats continue to give the Republicans almost everything they want. Despite the fact that our deficit problems were caused by the greed on Wall Street which led to the current horrendous recession, huge tax breaks for the rich and two un-paid for wars, the President and the Democrats have gone […]