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The Obama Budget: A Stick In The Eye For Banks

With all the fuss over Wall Street bailouts and AIG bonuses, one banking breakthrough is going unnoticed. Obama's proposed budget completely eliminates an unnecessary, obsolete bank subsidy: College student loans – where the subsidy goes to the bank, not the student....

Learning Deficits

Will Obama's transformative budget survive? As his press conference last night illustrated, it runs a serious risk of drowning in a swamp of cant. The budget is getting strafed by politicians in both parties for its deficits and debt. (The deficit is the annual...

Time to Deliver: Seven Steps to Revolution, Revisited

Terrance Heath kicked off our conversation by invoking Alexis de Tocqueville's observation that change comes about as a "revolution of expectations." Since how people greet and adapt to transformative change is a subject I'm rather passionate about, I'd like to riff...

The Populist Moment

I discuss with American News Project's Harry Hanbury and Nick Penniman what's next for the populist uprising spurred by today's economic crisis. This video traces how progressives helped shaped the New Deal and the post-World War II recovery, and I talk about the...

Incendiary Data in a Plain Paper Journal

Of all the people in the United States, 99.99 percent have never perused the pages of the Statistics of Income Bulletin, a research journal the IRS publishes four times a year. For the power suits on Wall Street, that’s a good thing. If more Americans ever really...

Time To Deliver

Last week, when the fury over AIG bonuses was just peaking, I read something that jolted me out of own anger and into a realization: After a transformational election and at the beginning of a transformational presidency, progressives need to remember: the real...

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