Hold Fast

There has been a lot of attention paid – deservedly so – to the work of New York Attorney General Eric Schneiderman and Delaware Attorney General Beau Biden. They were two of the first AGs to voice objections to the federal government’s push with the state AGs fore a weak settlement deal around robosigning. So [...]

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Tammy Baldwin, a Wisconsin Senate candidate and current member of the House of Representatives, is going to introduce a resolution on foreclosure fraud and the ongoing negotiations between the nation’s five largest banks, fifty forty-four state Attorneys General, and the Obama administration. Amanda Terkel of Huffington Post reports: Baldwin’s resolution states that any settlement should [...]

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The conservative Democratic think tank Third Way has written a policy memo as to why the Tea Party should support the Super Committee making big budget cuts, as opposed to the sequestration that would happen if the Super Committee can’t come to agreement . Some examples of Third Way’s reasoning to support this version of [...]

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The New York Times has an editorial in praise of Elizabeth Warren and her candidacy for Senate in Massachusetts. Interestingly (though also accurately) they highlight her ability as an effective messenger on the economy and class issues: Democrats should not be cowed by conservative taunts that the speech advocated “collectivism,” and use this argument to [...]

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Originally posted at AMERICAblog Suzanna Andrews Vanity Fair has a long article on Elizabeth Warren, one of the most effective advocates for the middle class: Arrayed against Warren, and today against the very existence of the C.F.P.B., was the full force of what many, most notably Simon Johnson, the M.I.T. professor and former International Monetary [...]

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Originally posted at AMERICAblog John has been posting regularly on #OccupyWallStreet, particularly highlighting the disgusting and brutal NYPD attacks on non-violent protestors. I also highly recommend Sarah Jaffe’s rich and detailed post at Alternet, which does a great job contextualizing why people have been occupying Wall Street for more than 11 days at this point. [...]

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Yves Smith at Naked Capitalism responds to Melissa Harris-Perry’s post on The Nation that racism is driving the abandonment of Barack Obama by white liberals. Harris-Perry has been one of the more prominent reflexive defenders of President Obama, but her charge of racism is serious and merits evaluation. Smith does that, as well as connecting [...]

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Professor Elizabeth Warren: I hear all this, you know, “Well, this is class warfare, this is whatever.”—No! There is nobody in this country who got rich on his own. Nobody. You built a factory out there—good for you! But I want to be clear. You moved your goods to market on the roads the rest [...]

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Originally posted at AMERICAblog A rare moment of political integrity emerges from the Super Congress process, thanks to Senator John Kerry: “I’m not meeting with a lot of lobbyists; I’m meeting with people I choose to meet with, who can inform me, assist in the process of crunching numbers and dealing with consequences, and so [...]

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In Salon, Ed Kilgore responds to Matt Stoller’s piece on Obama’s destruction of the Democratic Party. Kilgore basically says that a primary of Obama isn’t likely because Obama still has strong support among base voters, though he looks at personal approval ratings, not the 32% of Democrats who want a primary. Kilgore also dismisses Stoller’s [...]

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