The Republic of T.

Black. Gay. Father. Vegetarian. Buddhist. Liberal.

Digest for September 18th through September 23rd

Here are some of the people writing about some of the stuff I wish I had time to write about, for September 18th through September 23rd:

  • Bush can share the blame for financial crisis – International Herald Tribune – Still, the White House, in the view of critics, fostered a free-market hothouse in which these excesses were able to flower. It avoided regulation of banks and mortgage brokers, leaving much of that work to the Federal Reserve, which, under Alan Greenspan, showed little appetite for regulation. By the time Bush's current Treasury secretary, Henry Paulson Jr., proposed an overhaul of regulations governing the financial sector in April, the storm was already brewing.
  • Racism and the Race – The race boils down to racism. All things being equal, Barack Obama would win the presidency hands down. Unemployment is at a five-year high. Wages are shrinking. The stock market is in the doldrums. The home foreclosure crisis has shattered the dreams of millions of Americans. Health care costs keep rising. Food costs keep rising. Tuition costs keep rising. The price of gasoline hit record highs this summer. We’re in the midst of two wars that aren’t going very well, despite the premature declarations of victory in Iraq. And three out of every four Americans believe the country is headed in the wrong direction. This should be a banner year for Democrats, and by all accounts, it will be—at least down ticket. But it also should be at the top of the ticket.
  • Where’s the Relief for those Facing Foreclosure? – With the feds prepared to throw a trillion dollars of our hard-earned money to prop up Wall Street and the investor class, is it too much to ask them to do something for the people who are the real victims of this mess? I’m talking about the people who’ve already been forced into foreclosure or those who are just about to be. I mean, if the government is going to back the mortgage securities, why doesn’t it just pick up the mortgages itself, and let people stay in their homes.
  • How We Became the United States of France – TIME – This is the state of our great republic: We've nationalized the financial system, taking control from Wall Street bankers we no longer trust. We're about to quasi-nationalize the Detroit auto companies via massive loans because they're a source of American pride, and too many jobs — and votes — are at stake. Our Social Security system is going broke as we head for a future in which too many retirees will be supported by too few workers. How long before we have national health care? Put it all together, and the America that emerges is a cartoonish version of the country most despised by red-meat red-state patriots: France. Only with worse food.
  • The Bilerico Project | Sarah Palin would rather let 100 rapists go free than let one woman use contraception – It's getting pretty obvious where Sarah Palin's values lie, and it's not with protecting women's freedom, financial conservatism, or bringing violent offenders to trial – it's with making sure that no woman can use contraception or get an abortion.

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