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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...

An Uneven Journey

Earlier this year, I visited my father, who lives in the Bay Area. As we drove from the Oakland airport, the conversation quickly turned to the Obama presidency. Born in 1923, my dad survived the Great Depression, fought in World War II, endured vicious Jim Crow...

Creep of the Week: AIG's Edward M. Liddy

AIG Chairman Edward M. Liddy gets the Creep of the Week award for his stunning, overwhelming, dumbfounding display of cluelessness. Liddy not only awarded $165 million in bonuses to the very AIG employees whose risky speculation in credit default swaps bankrupted the...

How To Withstand Deficit Sticker-Shock

(Updated 3 p.m. with Congressional Budget office figures and House Republican leadership response.) This weekend's news will be dominated by a Congressional Budget Office report that the federal deficit—already projected to exceed $1 trillion just a few months ago—is...

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