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Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.

Thomas Frank

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Thomas Frank
Age: 59
Born: 1965
Born: March 21
Historian
Journalist
Kansas City
Missouri
Thomas Carr Frank
Debt
Considerably
Rate
Costly
Days
Borne
Public
Borrowing
Interest
Bonds
True
Rates
Stills
Lower
Still
Corporate
Municipal

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The pursuit of the vibrant seems to be the universal job description of the nation's city planners nowadays. It is also part of the Obama administration's economic recovery strategy for the nation.
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There is something uniquely depressing about the fact that the National Portrait Gallery’s version of the Barack Obama “Hope” poster previously belonged to a pair of lobbyists. Depressing because Mr. Obama’s Washington was not supposed to be the lobbyists’ Washington, the place we learned to despise during the last administration.
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Most of Roosevelt's innovations have been the law of the land for 70 years now, and yet we are still a free society free enough, that is, to allow tens of thousands of protesters to gather on the National Mall and to broadcast their slogans and speeches to the world via C-SPAN.
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People getting their fundamental interests wrong is what American political life is all about.
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Above all else stands the burning question of bipartisanship. Whatever else the politicians might say they're about, our news analysts know that this is the true object of the nation's desire, the topic to which those slippery presidential spokesmen need always to be dragged back.
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Conservatism is not a doctrine of contentment. Not a doctrine for the satisfied and the smug. It's a politics that's at war with the world.
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Vibrancy is so universally desirable, so totemic in its powers, that even though we aren't sure what the word means, we know the quality it designates must be cultivated. The vibrant, we believe, is what makes certain cities flourish.
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There is much to dislike about President Obama's approach to the financial crisis. But opposition, it seems, will have to come from somewhere other than conservatism. The party out of power is also a party out of touch.
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This aesthetic quality, then, is what politics is all about. It's authenticity that separates winners from losers, good politics from bad, and he-man leader-types from consultant-directed puppet-boys.
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Joe Klein is the flower of American political journalism, a sharp raconteur who shows traces of the gonzo style that was in vogue when he was honing his craft at Rolling Stone back in the day.
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When the entertainers of the right aren’t declaring their disgust with President Obama for groveling before foreign potentates, they’re pretending to fear him as a left-wing thug, an exemplar of what they call “the Chicago way.”
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The only truly individualistic health-care choice - where you receive care that is unpolluted by anyone else’s funds - is to forgo insurance altogether, paying out-of-pocket for health services as you need them.
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The great fear that hung over the business community in the 1970s was death by regulation, and the great goal of the conservative movement, as it rose to triumph in the 1980s, was to remove that threat - to keep OSHA, the EPA, and the FTC from choking off entrepreneurship with their infernal meddling in the marketplace.
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It is always a disappointment to turn from forthright consideration of some subject - whether from the Left or the Right, a poet or a plumber - to the Beltway version, in which the only aspects of the issue that matter are the effects it will have on the fortunes of the two parties and the various men in power.
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Government is, by its very nature, a destroyer of liberties the Obama administration, specifically, is promising to interfere with the economy and the health care system so profoundly that Washington will soon have us all in chains.
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Acknowledging class was always difficult for 'New Democrats' - it was second-wave, it was divisive - but 2008 made retro politics cool again.
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Bad government is the natural product of rule by those who believe government is bad.
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During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.
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A lot of populists after populism died just became socialists. At the beginning of the 20th century, socialism looked like it was going to take off. It didn't, of course, but a lot of people thought it was going to.
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