Josh Eidelson interviews me about the shutdown, default, the Tea Party, and the rot of the American ruling class: “Tea Party’s shutdown lunacy: Avenging the surrender of the South” Josh and I had nothing to do with the headline.
financial “reform” Our president gave a speech on Thursday in the Great Hall at Cooper Union, the site of Abraham Lincoln’s rather conservative 1860 speech on slavery. Obama’s speech was on a much less elevated topic—financial regulation. He made a lot of appealing sounds, and the financial execs in the front row mostly sat on their hands, but while he was talking, Congress was busy working out compromises—with Wall Street’s army of lobbyists at their sides. So I’m going to reserve commentary until we see what’s actually in the thing. Will there… Read More