Robert Reich

"What’s bad for Main Street and good for Wall Street in the short term is bad for both in the long term" (Robert Reich)

by KenWe all know -- don't we? -- that watching the stock market provides a reflection of certain factors in the state of the economy, it's far from any kind of reasonable measure of the economy. Which is the reality that underlies Robert Reich's blogpost "Why the Lousy Jobs Report Boosted Wall Street" (which I read via Nation of Change).

Republicans Demand "Job Creation"-- And That Means Higher Unemployment And More Pain For American Families

Boehner and Cantor have a song they want to sing you about jobsThis week, a slightly inebriated Boehner was whining about some hostage crisis he's cooking up-- for the national debut, if I remember correctly-- and demanded the price of not driving the U.S. government into default on the debts Congress had run up would be… job creation. Job creation? Everyone likes job creation, right? Well, no, actually.

More Class War From A Clueless San Francisco Billionaire

I expect that by now you've been hearing about the Wall Street Journal OpEd by grotesque, clueless Belvedere billionaire Thomas Perkins whining about how working families are Nazis who want to put the makers Wall Street predators in concentration camps. One of the worst avatars of gentrification of working class neighborhoods, Perkins bought the top of the Millennium Tower on Mission St.

Will The AFL-CIO Really Support Primaries Against Democrats Who Try To Help Obama And Boehner Cut Social Security Benefits?

Progressives like Pennsylvania state Senator Daylin Leach, who's running for the open PA-13 congressional seat, is never going to sell out Social Security, Medicare or any social insurance policies for middle and working-class American families. In fact, his record in the legislature makes it clear that he will fight to expand and strengthen them. Watch his new video above-- and then consider helping him win his crowded primary against a bunch of conservative Democrats.