Beck’s Rally Was About One Thing: Him
Posted in Main Blog (All Posts) on September 1st, 2010 4:31 am by HL
Beck’s Rally Was About One Thing: Him
Alexander Zaitchik, New Republic
Almost no one who attended Saturday’s “Restoring Honor” rally on the National Mall seems able to cogently explain what, exactly, took place. Was it a thinly disguised political rally? A triumph of Made in America inspirational treacle? A modern-day religious revival? When probed by reporters, happy participants and skeptical observers alike struggled to make sense of the prayerful parade that saw Tony LaRussa, Sarah Palin, and Eveda King take turns at a podium between prerecorded voiceovers about crossroads, awakenings, and miracles. Yet there was one…
Will Midterms Be a Referendum?
Eleanor Clift, Newsweek
Like it or not, the midterm election is shaping up as a referendum on President Obama. His dizzying descent from the stratosphere of popularity to the kind of middling job approval associated with lesser talents could cost Democrats their majority in the House as well as effective control of the Senate. The only saving grace for Democrats is the roster of fringe candidates the GOP has served up, and the hope that voters will reject the change these Tea Party insurgents represent.
Obama Tells the U.N. How Great He Is
Credit Is Finally Available, But No One Wants It
Nin-Hai Tseng, Fortune
Since the financial crisis, banks have been blamed for slowing the pace of economic recovery because of their reluctance to lend. Unlike larger companies that can borrow from bond markets, small businesses and consumers mostly depend on loans from banks. Federal officials have said tight credit has kept households from spending more and small businesses from hiring more.Now the U.S. Federal Reserve says banks are modestly expanding credit. But the new development, given all its potential, might still do little to improve America's prospects for economic growth — at least in the near…
Obama Struggles to Convince Voters
Edward Luce, Financial Times
On Tuesday night Barack Obama will give a rare prime-time address from the Oval Office on the end of the US combat mission in Iraq. But if polls are to be believed – and all of them have been saying the same thing for months – the president would get as much attention if he delivered a lecture on the merits of stamp-collecting.