Dear Friend and Reader: I AM ONE of those people who wonders what else is going on in the news when one story dominates everything. With the ongoing economic volatility and the presidential election coming to a crest, we’re missing plenty. For example, a federal judge in Lincoln, Nebraska has thrown out the lawsuit against … Read more
Dear Friend and Reader: LAST WEEK, I suggested that it’s time to start counting the emotional cost of what we’ve been experiencing: the torrent of instability, crime and tragedy that has emanated from Washington, DC during the past eight years, thinly disguised as public policy. Lately the emphasis has shifted to the roller coaster of … Read more
Dear Friend and Reader: AMERICANS AND Congress finally stood up to the Bush administration this week, dumping a $700 billion bailout package for banks that were run by guys whose conduct would have had them thrown out of a casino. Monday, hours after the Libra New Moon, the nation — literally, anyone who could get … Read more
Dear Friend and Reader: YESTERDAY, CONGRESSIONAL LEADERS, the White House and the two presidential candidates agreed to an additional $700 billion rescue of the nation’s financial system in the wake of last week’s Wall Street meltdown. By last night, the agreement had unraveled, spurred by a revolt in the Republican caucus of the House of … Read more
“A WATERSHED moment.” “A crossroads.” “Things will never be the same again.” “Is anybody awakening to the fact that there is a new reality at hand?” These words were spoken in the space of five minutes on CNN’s Lou Dobbs program Wednesday night. By now, most of us know — at least in outline form, … Read more