To Battle Wall St, Obama Should Channel TR
Posted in Main Blog (All Posts) on April 5th, 2010 4:31 am by HL
To Battle Wall St, Obama Should Channel TR
Johnson & Kwak, Wash Post
In late February 1902, J.P. Morgan, the leading financier of his day, went to the White House to meet with President Theodore Roosevelt and Attorney General Philander Knox. The government had just announced an antitrust suit — the first of its kind — against Morgan's recently formed railroad monopoly, Northern Securities, and this was a tense moment for the stock market. Morgan argued strongly that his industrial trusts were essential to American prosperity and competitiveness.The banker wanted a deal. “If we have done anything wrong, send your man to my man and they can fix it…
Drowning in Hate
Ellis Cose, Newsweek
Much has been made of the abuse showered on members of Congress at a recent tea-party demonstration on Capitol Hill. Georgia Congressman John Lewis was greeted with racial slurs. Emanuel Cleaver, a black congressman from Missouri, was spat on. Congressman Barney Frank, who is openly gay, was tarred with homophobic epithets. Later, Democrats in various cities had their offices vandalized. And Congressman Alan Grayson of Florida said one of his 5-year-old twins picked up the phone and heard a voice threatening to kill him if he voted for the bill. The startled child, Grayson told me, initially…
Obama Not Making the Grade on Reform
Ruben Navarrette, San Diego UT
SAN DIEGO — As one of the chief architects of No Child Left Behind, Sandy Kress wishes that when it comes to education reform, President Obama offered more hope and less change. The longtime Democrat wanted the administration to continue George W. Bush's attempts to hold schools accountable for the academic progress of children typically underserved by the public schools, i.e., Hispanics, African-Americans, English-language learners, and the disadvantaged.A former president of the Dallas school board who is now an Austin-based attorney, Kress initially liked what he saw. Obama…
