state of the union

The Financial Crisis Inquiry Commission's report couldn't come at a better time. At a moment when it seems that Washington would rather forget what happened two years ago, it documents the opportunism, bad judgment, and criminality that crashed the world's economy once - and could again at any time. An interconnected web of Wall Street criminality, discredited ideology, and politicians chasing big money - along with a surprising amount of executive incompetence - has caused continued suffering for millions. At a time when the nation's capital is convinced that CEOs need appeasing rather than policing, the FCIC report is a badly needed return to reality.

Wall Street executives weren't mentioned in the State of the Union or the Republican response. But their actions caused this crisis, and they can't be ignored politely like tipsy uncles at a family wedding. The only way to prevent the next crisis is by understanding the last one - and then taking the right actions.

More »»

We have been talking a lot about Social Security these past few weeks, even to the point where I’ve missed out on talking about things that I also wanted to bring to the table, particularly the effort to reform Senate rules.

We’ll make up for that today with a conversation that bears upon both of those issues, and a lot of others besides, by getting back to one of the fundamentals in a very more »

More »»

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President would probably deliver in his State of the Union Address. more »

More »»

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President will probably deliver in his State of the Union Address next month. more »

More »»

As usual, the Democrats are on track to do the Republicans’ dirty work—only to suffer the political fallout later on. What else could one conclude from the rampant rumors that President Obama will signal his willingness to “compromise” (read: cut) on Social Security in the State of the Union address? Anyone who doubts that this would amount to political suicide, hasn’t read National Review editor, Ramesh Ponnurru’s column in the New York Times last Friday, instructing Republican politicians that they should wait for President Obama to act first on Social Security “reform” (read: benefit cuts). Here’s the kicker: Ponnurru specifically suggests that Republicans should champion “entitlement reform,” if, and only if, Obama dangles Social Security as an area of compromise in the State of the Union address. As friends of the President, we progressives must stop him from granting Ponnurru’s wish—and the wishes of so many conservatives eager to have the President do their bidding. Click here to read Ponnurru's column. more »

More »»

President Obama delivered just the right speech in Tucson. Can he replicate that performance for his State of the Union address on January 25? For the sake of our nation’s economic well-being, he must. more »

More »»

Mr. President, you moved a nation today with your words in Tucson. "Rather than pointing fingers or assigning blame," you said, "let us use this occasion to expand our moral imaginations, to listen to each other more carefully, to sharpen our instincts for empathy, and remind ourselves of all the ways our hopes and dreams are bound together."

You also said this: "It's important for us to pause for a moment and make sure that we are talking with each other in a way that heals, not a way that wounds."

Two weeks from now the State of the Union address will be an opportunity to bring Americans together - Americans who have been bitterly divided by party loyalty and ideology, but who stand united in their support for the social programs that have improved our lives for the past seventy-five years. On that night, will they know that somebody has heard them? Will they feel that someone is talking to them? Will they feel they have a voice inside the Capitol rotunda, in a city where they sometimes seem to have been forgotten? more »

More »»

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President will probably deliver in his State of the Union Address next month. more »

More »»

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President will probably deliver in his State of the Union Address next month. more »

More »»

In "All Together Now: There Is No Deficit/Debt Problem,” I warned against the message calling for deficit reduction that the President will probably deliver in his State of the Union Address next month. more »

More »»