Tuesday, February 22, 2005

TWO FROM WORKING FOR CHANGE

First, an overview of the Republican dominated Congress' war on the non-rich:

Of, by, and for Big Business

Watching the 109th Congress, one would be forgiven for thinking our Constitution was the blueprint for a government of Big Business, by Big Business and for Big Business. Forget the people -- this is Robin Hood in reverse.

Here's the agenda, as laid out by the president and the Republicans who control Congress: First, limit people's power to right wrongs done to them by corporations. Next, force people to repay usurious loans to credit card companies that make gazillions off the fine print. Then, for the coup de grace, hand over history's most successful public safety net to Wall Street.

Of course, the GOP and the White House use slightly different language for this corporate-lobbyist trifecta: "Tort reform," "eliminating abuse of bankruptcy" and "keeping Social Security solvent" are the preferred Beltway phrasings for messing with the little guy.


Click
here for the rest.

Next, some good political analysis from my favorite economist, Paul Krugman. From the New York Times (courtesy of WorkingForChange):

Wag-the-Dog Protection

The campaign against Social Security is going so badly that longtime critics of President Bush, accustomed to seeing their efforts to point out flaws in administration initiatives brushed aside, are pinching themselves. But they shouldn't relax: if the past is any guide, the Bush administration will soon change the subject back to national security.

The political landscape today reminds me of the spring of 2002, after the big revelations of corporate fraud. Then, as now, the administration was on the defensive, and Democrats expected to do well in midterm elections.

Then, suddenly, it was all Iraq, all the time, and Harken Energy and Halliburton vanished from the headlines.

I don't know which foreign threat the administration will start playing up this time, but Bush critics should be prepared for the shift.

Click
here for the rest.

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