The question that remains is whether Obama will continue to do so (perhaps even moving in a more populist direction than he outlined last night), or whether he will back off if he faces opposition in Congress (by "centrists" in his own party, even) to his call to populism. If public opinion backs Obama in such a showdown, this will only serve to strengthen his position politically. And weaken the entrenched Washington position (whether Democratic or Republican).

Read Complete Article »

You know what I have to say to any member of the House or Senate who is channeling fake populist rage over the AIG bonuses? Blarney!

Read Complete Article »

It's easy to get outraged at the announcement that AIG will be paying over one hundred and fifty million dollars out as bonuses, after taxpayers have pumped over one hundred and fifty billion dollars into the failing company. But the populist outrage this has sparked off needs to get a little more focused. Because we're about to get lost in a thicket of legalese about "compensation" and "bonuses" and "deferred stock options" and all the rest of it, which only serves to detract from a very basic truth -- which should be the real point of discussion here. This truth is that whatever you call it, and whatever little box it gets entered into on the tax forms, these people make an obscene amount of money. And nobody is even saying (because nobody in the media is even asking) exactly how much money they make. This should be the real target here, because it has much broader implications. Also, because it is a lot easier to fix than just getting back some bonuses.

Read Complete Article »

In today's main event we will discuss the idiocy of the most recent Republican talking point -- "Obama's trying to do too much, too fast" (which is weak, to be sure, but then they had to kind of scramble after their last talking point "Obama is killing the stock market" became inoperative due to a rally). But before we get to that, we have some housecleaning to do. Call it "old business" -- a few new developments in things that I've commented on previously.

Read Complete Article »

So where was the reporting on the improvement of those numbers with the votes on the 2009 budget bill? Where were the stories on the nightly news shows praising Obama for getting about a tenth of Republican House members to vote for the 2009 budget, and almost one in five Republican senators? It's pretty hard to call this anything other than "bipartisan," especially since we lost a few of our own Democrats on the votes as well. Where were the headlines screaming "bipartisan budget passes!" Where were the followup stories to your "sky is falling" theme from a few weeks ago, telling the public that Obama was making definite progress in reaching out to Republicans, and Republicans were responding to do what is best for the country rather than blindly following partisan demands? I must have missed those stories, since you obviously are all such good journalists that you followed up on your previous "Obama is a failure" stories with some "Obama makes bipartisan progress" stories, right?

Read Complete Article »

Representative Bruce Braley recently announced the formation of a new congressional caucus dedicated to the economic concerns of the middle class. The Iowa Democrat (as reported in The Huffington Post) unveiled the new Populist Caucus last month, and as its chair immediately set to work addressing their concerns in the stimulus package in the House. But since the term "populism" has been used for a variety of movements throughout American history, I thought I'd ask Representative Braley himself what the caucus is all about, and what they're trying to achieve. The interview below is a transcript of our conversation.

Read Complete Article »

Kathleen Parker is not my favorite Washington Post columnist. I just wanted to say that up front, to get my own biases out in the open. But I have to give her credit, for stating some truth last Sunday on not one but two Sunday morning news shows. She said almost the same thing on both CBS' Face The Nation and NBC's The Chris Matthews Show. Such honesty from the Washington crowd -- especially from someone many label conservative -- is rare. So I wanted to give her some credit today.

Read Complete Article »

Senate Majority Leader Harry Reid has a very powerful tool at his disposal, but (true to form) he's not even admitting it exists, much less threatening to use it. The tool is called "reconciliation" and means (as I have written about previously) that budget bills which go through a certain committee process cannot be filibustered when they reach the Senate. Democrats would only need 50 votes (and Joe Biden's tiebreaker, if they couldn't get 51) to pass budget bills. Senate Republicans would be denied using their favorite obstructionist tactic, the cloture vote (the modern equivalent of the filibuster). Which may be the only way to pass President Obama's budget without significant parts of it being removed by balky Republicans.

Read Complete Article »

The Democratic National Committee is running a contest for a slogan (10 words or less) to plaster on a billboard in Rush Limbaugh's hometown. The winner will also receive a T-shirt with their winning slogan on it. Submit your suggestions over at the DNC's site.

Read Complete Article »

A funny thing happened in Washington yesterday, and not many people noticed -- bipartisanship broke out in the Senate. While the chattering classes (and most Republicans) were fixated on whether Rush Limbaugh was the Republican Party's leader, the conservative movement's leader, or just leading them into the wilderness for 40 years (one can but hope); the Senate was taking care of some legislative business. In a bipartisan fashion. Almost one-fourth of Senate Republicans voted to move last year's budget along -- voting with President Obama and with the Democrats, and voting against the man who not so long ago was actually the leader of the Republican Party: John McCain.

Read Complete Article »