Tag Archives: Atlantic Online

You only thought you heard the fat lady sing. Not this morning.

At memeorandum this morning, an Atlantic Online article from Simon Johnson, one of the prescient economists to whom no one listened until their own certainty in their rightness marched a nation – and a world – to the precipice. He says it’s not looking good for us because political will is failing; and we haven’t even locked the barn door yet.

The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government . . . recovery will fail unless we break the financial oligarchy that is blocking essential reform.

Probably not the most pressing concern of our troops in Afghanistan, where it is the 200th day of the War there.

Moving right along

It seems Rep Bart Stupak has announced his retirement. (For the sake of my party, I hope to god he doesn’t go to work for an insurance company!) From the Atlantic Online just now:

“Rep. Bart Stupak (D-MI) plans to announce his retirement today, Democrats briefed on his decision said. Stupak, the leader of a pro-life faction within his party, had received death threats and was under intense political pressure after he agreed to support the Democratic health care reform legislation even though pro-life groups insisted that it would allow federal funds to be used for abortion.

Stupak negotiated a compromise with the White House, which resulted in President Obama’s issuing of an executive order clarifying the executive branch’s view of the subject. For that, Stupak was called a traitor to the pro-life cause. Stupak has represented Michigan’s first congressional district for 18 years. He will make public his decision at a press conference later today.”

I guess 18 years of stalwart adherence to a cause is not enough for these people. Do they understand that without political compromise we’d be in a permanent state of war? Can they not get around the fact that compromise is the only thing that keeps us functioning as a republic?  No. They do not.