CAF In The News

Grumbling grows on left for slow-going Wall Street investigations

thehill.com — Reporter Peter Schroeder quoted Campagin for America's Future's Roger Hickey in the Hill about the on going investigations on the 2008 recession and Wall Street, "There's a little bit of mystification ... about just when and if the administration is going to do what it has said about the prosecutions," said Roger Hickey, co-director of the liberal Campaign for America's Future. "Many groups that are based in the Democratic Party just feel like they're getting the runaround." In January it was announced that Obama was putting a "a team within the Department of Justice devoted specifically to rooting out wrongdoing in the housing market that precipitated the financial meltdown."

Wall Street ties complicate the politically touchy search for economic adviser

washingtonpost.com — President Obama is expected to name a new chief economic adviser as early as this week, but the months-long search process has proven difficult and politically touchy.
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"It's a big concern when there are these high-level advisers who have been marinated in the industry," said Robert Borosage, co-director of the liberal Campaign for America's Future.

The Big Economic Story, and Why Obama Isn't Telling It

huffingtonpost.com — Quiz: What's responsible for the lousy economy most Americans continue to wallow in?

A. Big government, bureaucrats, and the cultural and intellectual elites who back them.

B. Big business, Wall Street, and the powerful and privileged who represent them.

These are the two competing stories Americans are telling one another.

Yes, I know: It's more complicated than this. In reality, the lousy economy is due to insufficient demand -- the result of the nation's almost unprecedented concentration of income at the top. The very rich don't spend as much of their income as the middle. And since the housing bubble burst, the middle class hasn't had the buying power to keep the economy going. That concentration of income, in turn, is due to globalization and technological change -- along with unprecedented campaign contributions and lobbying designed to make the rich even richer and do nothing to help average Americans, insider trading, and political bribery.

America’s Future Now: Progressives Call for Open FinReg Conference, Independent Progressive Movement

news.firedoglake.com — I’m here on the ground at the America’s Future Now conference at the Omni Shoreham Hotel in DC, and just got up on the Internet. In front of a moderate-sized, Monday-morning-sleepy crowd, co-director of the Campaign for America’s Future Robert Borosage called for an independent progressive movement, separate and apart from the White House, organizing independently for change.

America's Future: We are the change, we have the power

peoplesworld.org — "We are the change, we have the power," Campaign for America's Future co-director Robert Borosage told progressive leaders and activists from around the country today.

"We are headed into fierce battle" over the next few years, Borosage said, as the America's Future NOW! convened for three days of discussion and debate on the role of progressives in the Obama era, curbing Wall Street, ending corporate influence over politics, fighting for jobs and justice, and building a new, green economy.

Liberal Activists: Weaken Filibuster

washingtontimes.com — Liberal activists and Democrats on Wednesday prodded supporters to push for changing the Senate's filibuster rule, saying it's the only way to ensure President Obama can move their agenda through a broken Congress.

Speaking at the final day of the America's Future Now conference, AFL-CIO lawyer Laurence E. Gold urged the activists to take that message back to their groups: The Senate, until it is changed, is standing in the way of progress on gay rights, Wall Street reform and protecting the environment.

U.S. Liberals: Time to Make Obama Uncomfortable

reuters.com — Nineteen months after celebrating U.S. President Barack Obama's historic election win, disappointed liberal activists promised on Monday to turn up the political heat on a White House they said is too quick to compromise.

At an annual conference of grassroots progressives, they said the euphoria and high expectations after Obama's victory had lulled them into a false sense of security, and hopes for his success had sometimes limited their criticism.