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Big Bank Bailout Redux

Central to the Tea Party revolt was a fierce reaction against the bailout of the big banks. Will the Republican Congress now spit that sentiment in the eye and push through another bailout, this time by overturning centuries of property law and nationalizing what has...

FDR The Second Bill of Rights

How does America dig out of the hole we are in? Surely the focus must be on first principles: how do we recreate an economy that works for working people? With the right talking about a return to the principles of the Constitution, it is worth remembering how...

On Bill Daleys Appointment

Bill Daley is an experienced corporate lobbyist, a skilled strategist, and a smart operator. That’s presumably why he was hired. But it is bizarre to say that “few Americans can boast the breadth of experience that Bill brings to the job,” as the president did. Or to...

Inequality A Melancholy of the Soul

Nicholas Kristof has important piece in NYT, entitled Equality, A True Soul Food He summarizes the striking work that shows how corrosive extreme inequality is not simply to society, but to the health of individuals themselves.Extreme Inequality, he writes, feeds a...

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