Thomas Frank is the author of The Wrecking Crew, What's the Matter with Kansas? and One Market Under God. The founding editor of The Baffler and a contributing editor at Harper's, he is also the Wall Street Journal's newest weekly columnist. He has received a Lannan award and been a guest columnist for the New York Times. Frank lives in Washington, D.C.

Blog Entries by Thomas Frank

Lock 'em Up -- Jailing Kids is a Proud American Tradition

Posted April 1, 2009 | 12:04 PM (EST)


At first glance, the news from Luzerne County, in northeastern Pennsylvania, is not good. In what is known locally as the "kids for cash" scandal, two judges have pleaded guilty to accepting $2.6 million in kickbacks from a for-profit juvenile correctional facility -- a privately owned jail for kids, essentially.

...
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The "Populists" Are Right About Wall Street

80 Comments | Posted March 25, 2009 | 10:09 PM (EST)


How has a popular Democratic president with a convincing electoral mandate failed to translate the opportunities of recent events into the "change" for which voters clamored? What kind of miscalculation allowed his administration to stir up such a wave of populist fury in such a short time?

The short answer,...

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Financial Journalists Fail Upward

10 Comments | Posted March 19, 2009 | 07:17 PM (EST)


"Listen, you knew what the banks were doing and yet were touting it for months and months," said Daily Show host Jon Stewart to CNBC superstar Jim Cramer in their much-discussed confrontation last week. "The entire network was, and so now to pretend that this was some sort of crazy,...

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Obama Takes On Market-Based Government

17 Comments | Posted March 11, 2009 | 10:42 AM (EST)


In a little-noted passage of a mostly ignored speech, President Barack Obama said last week that the government faced "a real choice between investments that are designed to keep the American people safe and those that are designed to make a defense contractor rich."

It was notice, amid all the...

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Conservatives and Their Pity Parties

71 Comments | Posted March 4, 2009 | 03:15 PM (EST)


Just as the financial crisis has created toxic assets and "zombie" financial institutions, so has it transformed conservatism into a movement of the living dead. Its partisans cling to a now-toxic portfolio of discredited notions, rhetoric, gestures and strategies. They lumber comically on, their only goal being to obstruct efforts...

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Richard Perle's Apologia

21 Comments | Posted February 26, 2009 | 05:49 PM (EST)


Governing was always difficult for conservatives, but as they return to the opposition, they are rediscovering their skill at blame evasion.

After all, this is a movement that is most comfortable imagining itself as an outsider. This is a movement that whirls through the pages of recent history taking credit...

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Bipartisanship Is a Silly Beltway Obsession

20 Comments | Posted February 19, 2009 | 05:06 PM (EST)


Last week, President Barack Obama spoke at town-hall meetings in cities hit hard by the recession. With only one exception -- a woman who thought Mr. Obama needed to have a beer with Sean Hannity -- the questions the president received in these places were all concerned with bread-and-butter economic...

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Wall Street Mocked American Values

19 Comments | Posted February 12, 2009 | 03:42 PM (EST)


The announcement last week that Trader Monthly magazine was ceasing publication was one of those moments when a chance arrow of history scores a perfect bull's eye on a deserving target. The current recession, brought on at least in part by Wall Street's bonus lust, has claimed countless innocent victims....

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Wall Street Bonuses Are an Outrage

40 Comments | Posted February 4, 2009 | 05:01 PM (EST)


Just a mere $18.4 billion in Wall Street bonuses, and suddenly the entire country is like Kansas in the 1890s, raising hell instead of corn, screaming for revenge on money power that has done us so wrong while rewarding itself so generously.

The outburst of populist rage is particularly alarming...

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Toll Roads Are Paved With Bad Intentions

69 Comments | Posted January 31, 2009 | 01:24 PM (EST)


Back in the days when the market was a kind of secular god and all the world thrilled to behold the amazing powers of private capital, the idea of privatizing highways and airports and other bits of our transportation infrastructure made a certain kind of sense.

Private businesses did everything...

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George W. Is No Martyr

64 Comments | Posted January 21, 2009 | 08:02 PM (EST)


Ordinarily we are able to limit the comparisons to Harry S. Truman to the campaign season. That's when, by annoying tradition, the presidential aspirant who is down in the polls always finds that he bears a remarkable resemblance to the plainspoken Missouri Democrat who, famously, came from behind to win...

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An Unrepentant New Dealer Runs for Congress

9 Comments | Posted January 7, 2009 | 06:57 PM (EST)


Thanks to the media circus swirling around the governor of Illinois and his schemes to fill President-elect Barack Obama's Senate seat, little attention is being paid to the race to succeed Rahm Emanuel as he moves from the House of Representatives to White House chief of staff.

That's a shame,...

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The 'Market' Isn't So Wise After All

117 Comments | Posted December 31, 2008 | 02:40 PM (EST)


As I read the last tranche of disastrous news stories from this catastrophic year, I found myself thinking back to the old days when it all seemed to work, when everyone agreed what made an economy go and the stock market raced and the commentators and economists and politicians of...

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Welcome to the Blagosphere

4 Comments | Posted December 17, 2008 | 05:13 PM (EST)


In little more than a month, the mainstream media tells us, the city of Chicago has plunged from the proud heights of victory to the depths of shame. Barack Obama, its favorite son, captured the presidency with high-minded talk of reform, only to have Rod Blagojevich, the governor of Illinois,...

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Rent-a-Womb Is Where Market Logic Leads

27 Comments | Posted December 12, 2008 | 02:03 PM (EST)


At long last, our national love affair with the rich is coming to a close. The moguls whose exploits we used to follow with such fascination, it now seems, plowed the country into the ground precisely because of the fabulous rewards that were showered on them.

Massive inequality, we have...

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Health-Care Reform Could Kill the GOP

Posted December 3, 2008 | 03:40 PM (EST)


Can policy be both wise and aggressively partisan? Ask any Republican worth his salt and the answer will be an unequivocal yes. Ask a Democrat of the respectable Beltway variety and he will twist himself into a pretzel denying it.

For decades Republicans have made policy with a higher purpose...

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It's Time to Give Voters the Liberalism They Want

Posted November 19, 2008 | 07:07 PM (EST)


It is possible, I suppose, that the pundits are right and the public didn't really mean it when it elected a liberal Democrat president and gave Democrats even larger majorities in both houses of Congress. Maybe America really wants the same nice, reassuring, centrist thing as always.

But it is...

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Decline with a Chance of Fall

Posted November 5, 2008 | 08:28 AM (EST)


I was never a fan of Barack Obama's bipartisanship routine. His famous plea at the 2004 Democratic convention for an end to the red state/blue state divide, I thought, sounded noble but overlooked the obvious: that a unilateral display of brotherly love from the Democratic Party had no chance of...

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We the Persecuted

Posted October 29, 2008 | 04:21 PM (EST)


Maybe it's unfair to dwell on the story of the College Republican in Pennsylvania who faked a politically motivated crime against herself. Then again, maybe it's not. The woman who came before the world last week with a backward B scratched in her cheek had, according to the Pittsburgh newspaper,...

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Days of Rage

Posted October 15, 2008 | 09:57 AM (EST)


On the first night of the Republican convention, back in September, the theme was "Service." Speaker after speaker mounted the rostrum to tell about their volunteer work for charitable foundations, the inventive ways they have helped out the poor, the need for everyone to lend a hand to their fellow...

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