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Entries in Barack Obama (239)

Thursday
Dec232010

Be the Peace You Want to See on Earth

When President Barack Obama joined the ranks of Henry Kissinger and the other gentle souls who have received Nobel Peace Prizes, he did something that I don't think anyone else had previously done in a Peace Prize acceptance speech. He argued for war.

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Friday
Dec172010

Is Obama About to Sell Us Out Social Security? The Political Fallout Would Be Devastating

If you think the Democratic base is mad at Obama now for making a craven deal with Republicans that continues tax breaks for the richest Americans and adds new ones for their heirs through a big cut in the estate tax, just wait a few weeks until Obama caves on Social Security.

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Wednesday
Dec152010

Robert Scheer: Return of the Great Triangulator

The sight of Bill Clinton back on the White House podium defending tax cuts for the super-rich was more a sick joke than a serious amplification of economic policy. How desperate is the current president that he would turn to the great triangulator, who opened the floodgates to banking greed, for validation of the sorry opportunistic hodgepodge that passes for this administration’s economic policy? A policy designed and implemented by the same Clinton-era holdovers whose radical deregulation of the financial industry created this mess in the first place.

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Friday
Dec102010

Losing Faith in Obama: Has the president finally gone a step too far in compromising with Republicans?

November 29, 2010, may be remembered as the moment when progressives stopped giving Barack Obama the benefit of the doubt. Some had long before, of course, whether because of compromises during the health-care reform debate, his continuation of Bush-era policies on civil liberties, or what some see as his obeisance toward Wall Street. But his announcement of a pay freeze on federal workers -- a move that managed to simultaneously validate a half-dozen disingenuous conservative arguments, make government service less attractive, harm the economy, undermine the progressive vision of government, and give Republicans a concession without getting anything in return, all while doing virtually nothing to address the problem Obama claimed to be attacking (the deficit) -- feels like a tipping point. Every president disappoints his supporters eventually, but it's hard to recall one who went through such dramatic swings so quickly.

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Friday
Dec102010

Robert Borosage: Why Obama's 'Tax Deal' Does Major Damage to His Case That We Need to Invest in America

The White House is peddling its tax-cut deal as a needed stimulus plan, a boost to the economy that will create jobs and generate growth. This new-found concern for jobs is laudable, if startling from a White House that has been hawking deficit reduction for months – with a three-year freeze on domestic discretionary spending announced last year, the president’s deficit commission rolling out its austerity plan two weeks ago, the president announcing a federal pay freeze last week. You can get worse whiplash following this president’s economic message than watching a tennis match up close.

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Tuesday
Dec072010

Robert Kuttner: What Now for the Democrats?

Let's imagine the political possibilities of the next two years and beyond. So far, President Obama's response to the drubbing of the mid-term has confirmed the progressive community's worst fears. Astonishingly, he still seems to believe the following: The American people care more about bipartisan compromise and budget cuts than about ending the economic crisis. If he just compromises a little more, the Republicans might still meet him halfway. The recipe for economic recovery has something to do with reducing the short term federal deficit. All three of these premises are disastrously wrong -- as politics and as economics.

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Wednesday
Nov242010

Poll: Obama's Looking Weak for Re-Election in 2012

WASHINGTON — President Barack Obama emerges from a bruising midterm election with uncertain prospects for the next one in 2012, according to a new McClatchy-Marist poll. Nearly half of his own base — 45 percent of Democrats and Democratic-leaning independents — want someone to challenge him for the Democratic nomination, according to the poll.

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Tuesday
Nov162010

Michael Hudson: Obama's Greatest Betrayal: The Coming Sell-Out to the Super Rich and What It Means for the Rest of Us

Now that President Obama is almost celebrating his bipartisan willingness to renew the tax cuts for the super-rich enacted under George Bush ten years ago, it is time for Democrats to ask themselves how strongly they are willing to oppose an administration that looks like Bush-Cheney III. Is this what they expected by Mr. Obamas promise to rise above partisan politics by ruling on behalf of Wall Street, now that it is the major campaign backer of both parties?

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Friday
Nov122010

Obama Reportedly Agrees to Allow Rich Bigger Tax Cut Than Middle Class

David Axelrod, the senior adviser to President Barack Obama, says that the White House has conceded to Republicans in giving into tax cuts for the wealthy, a legacy of a Bush-era policy to reduce federal taxes for various income classes. He doesn't, however, say that the rich should enjoy the tax cuts forever, but the decision to agree to a temporary extension of the cuts may be a moot point, because it likely will simply push the issue to a future presidential term.

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Thursday
Nov112010

Juan Cole: Obama in Asia -- Meeting American Decline Face to Face

Blocked from major new domestic initiatives by a Republican victory in the midterm elections, President Barack Obama promptly lit out for Asia, a far more promising arena. That continent, after all, is rising, and Obama is eager to grasp the golden ring of Asian success.

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