Broadcast

washingtonindependent.com — Amid the clamor over the crisis on Wall Street, the U.S. Treasury’s $700 billion Troubled Asset Rescue Program, or “TARP,” bill and the evolving collapse of the global banking system, little attention has been paid to the extraordinary credit extensions at the Federal Reserve. But these are now without parallel in Fed history, including during the Great Depression.

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thenation.com — The most important glue binding conservatism together is a shared sense that someone, somewhere is looking down their noses at them with a condescending sneer. And to conservatives, McCain has been too often one of the sneerers. That helps explain the strange McCain contortions Republicans have been forcing themselves into in recent weeks.

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truthdig.com — The leadership of the Catholic Church has launched what amounts to a holy war against President Barack Obama. Archbishop Timothy Dolan appealed to church members, “Let your elected leaders know that you want religious liberty and rights of conscience restored and that you want the administration’s contraceptive mandate rescinded,” he said. Obama is now under pressure to reverse a health-care regulation that requires Catholic hospitals and universities, like all employers, to provide contraception to insured women covered by their health plans. Bill Donohue of the Catholic League said, “This is going to be fought out with lawsuits, with court decisions, and, dare I say it, maybe even in the streets.” In the wake of the successful pushback against the Susan G. Komen Race for the Cure’s decision to defund Planned Parenthood, the Obama administration should listen to the majority of Americans: The United States, including Catholics, is strongly pro-choice.

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digbysblog.blogspot.com — It's a well-documented fact of history that for the past half-century at least, conservatives have used race resentment as a way of cutting the safety net in order to further enrich the already well-to-do. It's been a remarkably successful tactic, and one that is still being used with frequency to this day. One of the keys to the race-baiting attack has been to take the social malaise that develops in economically depressed communities and attribute that malaise to some in-born defect of the people of the communities themselves. But that program is now becoming a victim of its own success. As economic libertarianism has dragged down middle-class wages and benefits, suddenly the social malaise that has long gripped minority communities is starting to make itself felt across the entirety of America, including among working-class whites.

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washingtonpost.com — Republicans couldn’t stop President Obama from installing Richard Cordray as director of the Consumer Financial Protection Bureau. But they hope they can rein the bureau in by passing legislation. The House GOP is now moving forward with bills that would remove the CFPB director from overseeing the Federal Deposit Insurance Company and allow Congress to directly control its funding every year. The bills are DOA in the Democrat-controlled Senate. But the GOP’s new bills provide a clear guide to what is likely to happen to the CFPB if Republicans take full control of Congress and/or the White House.

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washingtonpost.com — What do Rick Santorum and Clint Eastwood have in common? Sorry, Rick, you haven’t made it yet as an Eastwood-style make-my-day cultural icon. But in different ways, Santorum and Eastwood have demonstrated the limits of both an entirely negative slant on politics and a pessimistic take on America’s future.

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huffingtonpost.com — Joe Nocera's op-ed in the New York Times yesterday deserves a response and a reiteration of the facts surrounding the Keystone XL tar sands pipeline. President Obama rejected the pipeline's permit last month when the GOP, in a political stunt, forced his hand to approve it without even the final route evident. Let's put the rhetoric aside, and simply focus on the facts. Nocera wants us to believe that approving this pipeline is a matter of national security. He also seems to think that we should all be kicking ourselves because the Canadians are flaunting a tar sands sale trip to China. Nocera might ask himself how likely this oil is really to go to China from Canada if Keystone XL is not built. He might ask why the oil companies are looking to bring tar sands almost 2000 miles south rather than just send it across British Columbia for export to Asia.

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progressive.org — What a weird Tuesday it was, with Rick Santorum winning three contests on the same day that California’s Prop 8 was overturned. Santorum’s politics are yesterday. Gay marriage is today and tomorrow. But don’t tell the Republicans that. Santorum now seems to be the last hope of the anti-Romney crowd, and what an unlikely candidate he is. After all, he got trounced when he ran for reelection as a Pennsylvania Senator back in 2006. And for years, he’s been an object of ridicule for his primitive beliefs on sex and privacy. If Republicans want to lurch this far to the right, they can have him, but I’ve got to believe that a majority of voters will reject Santorum’s backwardness.

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prospect.org — The GOP presidential primary has offered some odd debates on who cares about the "very poor" and whether there should be a "safety net" or a "trampoline" to help people get out of poverty. Meanwhile, in Kansas, it seems Governor Sam Brownback is hoping to dig a bigger hole for the poor fall into. Between his tax plans and his approaches to school funding, Brownback's agenda overtly boosts the wealthy and makes things harder for the poor. While many liberals speculate this to be a secret goal, Brownback is hardly making a secret of his agenda.

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