SeniorJunior

What Should Democrats Stand For? I hear a lot of "It can't be just anti-Trump. Democrats need a vision for our country. In the midst of World War II, FDR had the time and the sense to make a very important point. Franklin Delano Roosevelt: "In our day certain economic truths have become accepted as self-evident. " A second Bill of Rights   ....under which a new basis of security and prosperity can be established for all regardless of station, or race, or creed. Among these are:   1. The right to a useful and remunerative job in the industries or shops or farms or mines throughout the nation.  2. The right to earn enough to provide adequate food and clothing and recreation.  3. The right of every farmer to raise and sell his products at a return which will give him and his family a decent living.  4. The right of every businessman, large and small, to trade in an atmosphere of freedom, freedom from unfair competition and domination by monopo...

Four Body Blows to a Staggering Presidency This morning's NY Times and Washington Post front pages features four stories documenting the gross failures of the Bush Administration (and its enabling Congress). Economic, foreign and domestic failures stack on the stinky pile Prez Bush is leaving for his successors to try to clean up. ECONOMIC NY Times : Fed Shrugged as Subprime Crisis Spread Some excerpts: Today, as the mortgage crisis of 2007 worsens and threatens to tip the economy into a recession, many are asking: where was Washington? An examination of regulatory decisions shows that the Federal Reserve and other agencies waited until it was too late before trying to tame the industry’s excesses. Both the Fed and the Bush administration placed a higher priority on promoting “financial innovation” and what President Bush has called the “ownership society.” “The Federal Reserve could have stopped this problem dead in its tracks,” said Martin Eakes, chief executive of the center (f...