A distinct gulf exists between Mr. Obama’s overall standing and how some of his key initiatives are viewed, with fewer than half of Americans saying they approve of how he has handled health care and the effort to save General Motors and Chrysler. A majority of people said his policies have had either no effect yet on improving the economy or had made it worse, underscoring how his political strength still rests on faith in his leadership rather than concrete results.

As Mr. Obama finishes his fifth month in office and ...

The first thing to note about Obama's speech on the need for 'a sweeping overhaul of the financial regulatory system' is that no one did anything wrong in melting the world's financial systems and evaporating $60 trillion in value. Of that amount count $8 trillion in US property values alone.

Where is the outrage?

Too to fail, too big to jail.

My last comment here - see the links to Galbraith and Wm K Black the two leading (throw in Stiglitz & Hudson) heavyweights who use the word FRAUD regularly to describe the Bankster's goings on.

Simon Johnson makes the point: Too Big To Fail, Politically
here

Mish's says this: Let the Criminal Indictments Begin: Paulson, Bernanke, Lewis

New York State Attorney General Andrew Cuomo's letter to the SEC and Senate Banking Committee on the Bank of America, Merrill Lynch Merger provides strong evidence of coercion to commit securities fraud by former Treasury Secretary Paulson and Fed Chairman Ben Bernanke, and actual securities fraud by Bank of America CEO Kenneth D. Lewis.

here

No one but yours truly seems to make note of the Section 382 tax giveaway of hundreds of billions of dollars. My last comment on that is here

Certainly not at another PBS whitewash here. Never mind that they call it 'great', it is more lives of the rich and famous.

Never mind the multitude of we the peons headed for the poverty train.

Thanks! Don't mind if do when I do. You can go ahead and have this fu*ked up planet.

norquist is at it again. this appears to be a good strategy to further destroy/weaken unionized labor. the RAISE bill is said to provide the opportunity to the employer/boss to provide a raise to an employee in the union. unions pre- agree on their wages/benefits. it's agreed upon. but this bill is for the employer to provide incentive for workers that work above and beyond. what union"busters" will say is unions don't use a democratic process but it's more like a socialistic process. i say it was a democratic process to vote/join the union in the first place. this is a smart yet dirty strategyby NORquist (Americans for Tax Reform). if something like the RAISE bill is used in union work it will be used to destroy solidarity. it will really be used to lower wages in my opinion. if a union worker doesn't like what they are getting paid
speak to the union or they quit. corporations/businesses want to price fix wages by their own type of solidarity socialism. the unions know that.