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Isaiah J. Poole's picture

James Galbraith: Beyond The Bailout, What Must Be Next

Economist James K. Galbraith, a progressive critic of the Wall Street bailout plan now being considered in Congress, considers the choice lawmakers face today to be a choice "between the unpalatable and the disastrous." But the choices lawmakers make afterward will determine whether an unpalatable choice ends disastrously.

In this interview, Galbraith, author of "The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too," says that activists should now turn their attention to three urgent issues: help to homeowners, assistance to state and local governments, and stability for pension funds. Galbraith also lays out the scope of an overhaul of the financial system that must take place to end the abuses that have occurred under the Bush administration.

Isaiah J. Poole's picture

Common Sense On The Bailout

Damon Silvers, a labor official and financial industry expert, explains the roots of the Wall Street financial crisis and outlines a progressive approach to addressing it. He says that the regulatory black hole that many Wall Street titans operated in has to be closed. He also outlines why Congress should "tear up" the Bush administration's "blank check" proposal for a $700 billion bailout and replace it with legislation that embraces the "Call for Common Sense" that has been endorsed by a cross-section of grassroots organizations. Silvers is associate general counsel for the AFL-CIO. (Flip Video courtesy of the Voter Genome Project.)

Isaiah J. Poole's picture

Where's Our Bailout?

Dr. Julianne Malveaux, president of Bennett College in Greensboro, N.C., discusses racial disparities in the American economy and questions why a federal government that rushed to bail out large financial institutions has not done the same to hard-hit, long-depressed communities. She agrees with the theme of an advertising campaign by the Institute for America's Future that calls for "a debate worthy of a great nation in trouble." She was a featured speaker Sept. 18, 2008, at the release in Washington of an Economic Policy Institute report on the economic plight of African Americans. (Flip Video courtesy of the Voter Genome Project.)

OurFuture.org Staff's picture

The Importance Of The "Debate" Campaign

Robert Borosage, director of the Institute for America's Future, explains the thinking behind the ad series launched September 16 in The New York Times calling for "a debate worthy of a great nation in crisis." Paul Waldman, senior fellow, at Media Matters for America; Katrina vanden Heuvel, editor of The Nation, and James Rucker, co-founder, Color of Change, offer their own insights into the importance of the themes in the ad series.

Bill Scher's picture

Inside The Belly Of The Beast

Progressives should be both encouraged and wary about what Rick Perlstein experienced firsthand at the Republican National Convention. In my interview with Perlstein for my LiberalOasis radio show, he contrasts his visit to St. Paul with his experience at the 2004 Republican convention, and concludes that "the myth of the omnicompetent...conservative political machine that can crush cities with its bare hands has to be retired for good."

But Perlstein adds that we underestimate the importance of John McCain's choice for a running mate, Sarah Palin, at our peril, for she represents the continuation of a long-running pattern of conservatives attempting to use the "culture war" to maintain political control. In this podcast, Rick and I explore the signs of hope that could be gleaned from St. Paul as well as the scarier moments.

Isaiah J. Poole's picture

It's Not Whining, It's Real Recession Misery

With the Sept. 5 report that the unemployment rate rose from 5.7 percent to 6.1 percent in August, there are now 9.4 million unemployed people, including 1.8 million long-term unemployed. Meanwhile, inflation is up to 5.6 percent, making for a combined "misery index" of 11.7 percent.

Lawrence Mishel, president of the Economic Policy Institute, agrees that while some conservatives pooh-pooh the concerns about the deteriorating state of the economy as "whining," those same critics on the right are likely to find themselves embarrassed as these negative unemployment trends continue. As Mishel notes in this interview, the latest unemployment report should shift the policy debate away from conservative sloganeering about more tax cuts for corporations and cutting government spending, and toward a real debate about investments in our economy that will produce jobs and repair our broken infrastructure.

Isaiah J. Poole's picture

Get The Right Blend Into The Discussion

We need to work harder to bring a larger set of voices into "the progressive moment," says Pam Spaulding, the founder of Pam's House Blend and one of the leading African-American and LGBT bloggers. Spaulding, in this interview at The Big Tent in Denver during the Democratic National Convention, offers some suggestions on how people of color and lower-income people who are not active in the blogosphere can be brought more closely into the coalition.

Flip Video courtesy of the Voter Genome Project

Isaiah J. Poole's picture

Sierra Club Director On T. Boone Pickens and Energy Obstructionism

The Sierra Club's executive director, Carl Pope, discusses how progressives should respond to Texas oilman T. Boone Pickens' plan for energy independence and political obstruction on energy issues in Washington. Pope also explains harmful natural gas policies that need to be corrected by the next administration. Pope was interviewed after a forum at The Big Tent in Denver during the Democratic National Convention. (Flip Video courtesy of the Voter Genome Project.)

OurFuture.org Staff's picture

Thanks for the Memories!

We went right into the lion's den and aired this TV ad for conservatives and media members gathered at the 2008 Republican National Committee Convention. The ad broadcasts unforgettable moments from conservatives’ last eight years in power -- memories they now wish the country would forget.

Thanks to the generous support of Campaign for America's Future supporters, we raised over $20,000 -- enough to saturate the airwaves with this ad throughout the convention host city -- which in turn attracted the national media exposure needed to broadcast the ad across the country.

Isaiah J. Poole's picture

Kuttner and Borosage Discuss the Progressive Moment

Campaign for America's Future co-director Robert Borosage talks to Robert Kuttner, editor of the American Prospect and author of the book, "Obama's Challenge," about the challenges progressives face in setting the stage for changing the course of the country in 2009. Borosage asks Kuttner if it will be enough to expect external conditions, such as the state of the economy, to be the driver for dramatic change or will progressive activists have to forge a movement that drives change.

Their conversation takes place outside The Big Tent near the Democratic National Convention in Denver, after a three-hour "Take Back America" miniconference sponsored by Campaign for America's Future.

(Flip Video courtesy of the Voter Genome Project.)