The New Republic

The New Republic

Is the Democratic love affair with Wall Street over? Today, Jon Corzine, a former Goldman Sachs CEO, Democratic senator, and Democratic governor, testified before the House Agriculture committee about the collapse of MF Global and the disappearance of $1.2 billion in customer funds. For more, read Timothy Noah’s blog post on what MF Global’s collapse means for the future of Democrats’ already tenuous relationship with Wall Street. Photo courtesy of CNN Money.
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Is the Democratic love affair with Wall Street over?

Today, Jon Corzine, a former Goldman Sachs CEO, Democratic senator, and Democratic governor, testified before the House Agriculture committee about the collapse of MF Global and the disappearance of $1.2 billion in customer funds.

For more, read Timothy Noah’s blog post on what MF Global’s collapse means for the future of Democrats’ already tenuous relationship with Wall Street.

Photo courtesy of CNN Money.

What is the single biggest factor behind why President Obama and the Democrats have not accomplished enough in the last three years? The filibuster. “Use of the filibuster has become standard operating procedure in this Congress, so that it now takes 60 votes to conduct even routine business. It is not at all what the country’s founders intended when they set up the constitutions’ system of checks and balances.” -Jonathan Cohn, “Now Fallows is Mad as Hell.”
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What is the single biggest factor behind why President Obama and the Democrats have not accomplished enough in the last three years? The filibuster.

“Use of the filibuster has become standard operating procedure in this Congress, so that it now takes 60 votes to conduct even routine business. It is not at all what the country’s founders intended when they set up the constitutions’ system of checks and balances.”

-Jonathan Cohn, “Now Fallows is Mad as Hell.”

President Obama’s new rhetoric is starting to convince even the pickiest of voters.  “And Independents, too, now favor Obama on jobs, by 44-31, a big shift from 37-42 in September. And not only do Democrats support Obama’s jobs plan and believe it will improve the jobs situation, but so too do independents, by margins of 47-38 and 52-44, respectively. Moderates, meanwhile, are even more enthusiastic—support figures among this group are 5-9 points higher than among Independents on all these questions. As for raising taxes on the rich: Bring it on! By 65-28, Independents favor raising taxes on households with over a million dollars in income.” -Ruy Teixeira, “Obama’s New Populism Isn’t Alienating Moderates.” Poll courtesy of CBS News.
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President Obama’s new rhetoric is starting to convince even the pickiest of voters. 

“And Independents, too, now favor Obama on jobs, by 44-31, a big shift from 37-42 in September. And not only do Democrats support Obama’s jobs plan and believe it will improve the jobs situation, but so too do independents, by margins of 47-38 and 52-44, respectively. Moderates, meanwhile, are even more enthusiastic—support figures among this group are 5-9 points higher than among Independents on all these questions. As for raising taxes on the rich: Bring it on! By 65-28, Independents favor raising taxes on households with over a million dollars in income.”

-Ruy Teixeira, “Obama’s New Populism Isn’t Alienating Moderates.”

Poll courtesy of CBS News.