Few mainstream journalists are truly capturing the reality of the economy in terms of the nation’s worst off. As of last month, the actual number of workers in crisis is not the 14 million but more like 29 million, or 18 percent of the total workforce. Where are the religious coalitions willing to challenge the president’s policies?
Larry Summers can’t keep his eyes open for 30 frickin minutes while his President speaks of the need for the banks to play fair. Is there no more fitting symbol?
In a recent speech on the the economy, Obama could have stressed biblical justice; instead he opted for a “post-partisan” emphasis on firm foundations and solidarity in common cause.
Obama ran on a platform of change, but he’s been unwilling to mess with the status quo on either war or the economy. As the crisis deepens, the language of psychology trumps the language of faith, even on Main Street.
When we take the approach that “all are sinners,” we confuse big-time criminality with small-time folly. This moral obfuscation allows the far greater misfeasance of corporate creditors to get airbrushed out of the picture.
Despite the fact that the AIG bonuses represent only a fraction of the crisis there's more to economics than number crunching.
Right wing American Family Association is blaming Obama for the bailout. How ridiculous.
Right wing, left wing, chicken wing; everyone wants to know what happened to the economy.
If capitalism is more realistic about human greed and human nature, then how does that become an argument for free markets?
