Category: Uncategorized
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Not Yet at the Promised Land
Over the past week, Americans — and people around the world — rightfully celebrated the breakthrough election of an African-American to be President of the United States. Barack Obama’s election signals a significant shift in U.S. racial attitudes, especially among younger people. Obama received a higher portion of the white vote than Democratic candidate John…
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Mordor Brightens; Obama’s Challenge — And Ours
Good morning, America. Hello, world. Yes, the skies over Mordor are now brightening.* There is an almost palpable, physical sense of relief with the confirmation that the end of the Bush era is at hand. And the election of an African American to the highest office in the land is an act of racial redemption…
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Public Ownership — But No Public Control
It is an extraordinary time. On Friday, the Washington Post ran a front-page story titled, “The End of American Capitalism?” Today, the banner headline is, “U.S. Forces Nine Major Banks to Accept Partial Nationalization.” There’s no question that this morning’s announcement from the Treasury Department, Federal Reserve and Federal Deposit Insurance Corporation (FDIC) is remarkable.…