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Entries by Marshall Auerback from 09/2009

Putting the 'Change' Back in "Change You Can Believe In": The Two Faces of Barack Obama

| Posted 09.03.2009 | Politics

A broad number of polls indicate that progressive opinion, particularly in the area of health care, is much more profoundly aligned with popular opinion than the damp squib of a proposal currently being championed by the president.

Obama's Health Care Speech: Soaring Rhetoric, Scant Imagination

| Posted 09.10.2009 | Politics

Obama's speech was even weaker than the spin preceding the joint address to Congress suggested.

Why Government Spending Is the Solution, Not the Problem

| Posted 09.15.2009 | Politics

Markets do not self-regulate in ways that avoid major financial upheavals and activist government is required as a counterbalancing force.

Obama's Financial Reform Speech Fizzles

| Posted 09.17.2009 | Business

For all of the lofty talk about establishing "the most ambitious overhaul of the financial system since the Great Depression," Obama's reforms amount to nothing more than a reshuffling of the deckchairs on the Titanic.

FDIC Shortfall Symptom of Much Bigger Problem

| Posted 09.25.2009 | Business

Having the FDIC implement higher insurance charges on the banks is wrong on many grounds. For one thing, it's grossly unfair to force well-run banks to pay higher premiums to pay for the sins of Citi, BOA, or Wells Fargo.

The G20 Summit: Hijacked by Neo-Liberalism

| Posted 09.29.2009 | Business

Government deficits are not an aberration; they are the norm. Our first (and possibly greatest) Treasury Secretary, Alexander Hamilton, called the national debt a "national blessing."