The battle over the bailout of some segments of the US auto industry has become increasingly defined in terms of class, but this hides the fact that the same type of players will benefit from both bailouts.
I learned -- one day after being told that top AIG executives would be forgoing bonuses this year -- that the company's executives will be receiving 'cash awards' as 'retention payments.' AIG can dress this money up in fancy names, but no one is fooled.
Obama should push for measures to deal with a variety of urban issues in exchange for the financial assistance sought by auto makers, Wall Street investors, middle class homeowners and the rest of America.
It will take a significant change in leadership of economic policy and very radical, coordinated policy actions among all advanced and emerging market economies to avoid this economic and financial disaster.
Congress passed the bailout, and the confused and psychotic market, which had been up for the day, started coming down. Tell me if you can figure out this particular iteration of its dementia. I can't.
Progressives should demand a real -- $200 billion or more -- stimulus that invests in new energy, extends unemployment benefits, aids states and localities to avoid debilitating cuts, and puts people to work.
If we agree, as most of us do outside of the far-right abortion-obsessed axis, that Palin is unfit to serve as president, then McCain, the man solely responsible for giving her that opportunity, is unfit too. It's that simple.