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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.

Thomas Frank

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Thomas Frank
Age: 59
Born: 1965
Born: March 21
Historian
Journalist
Kansas City
Missouri
Thomas Carr Frank
Entering
Period
Financial
Average
Crisis
Billionaires
Periods
Billionaire
Probably
Occurred
People
Hardship

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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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When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties.
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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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Republicans run the machine when it's their turn, and then hand the wheel over to Democrats when the public has had enough.
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I was in a bad mood when I wrote that.
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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.
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Apparently, there is no bad economic turn a conservative cannot do unto his buddy in the working class, as long as cultural solidarity has been cemented over a beer.
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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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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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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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Surrogate motherhood has been the subject of much philosophical and political dispute over the years.
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Thanks to a deal finalized in 2008, Chicago’s parking meters will be operated for the next 75 years by a group of investors put together by Morgan Stanley, including the sovereign wealth fund of Abu Dhabi.
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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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Governing was always difficult for conservatives, but as they return to the opposition, they are rediscovering their skill at blame evasion.
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We have become a society that can't self-correct, that can't address its obvious problems, that can't pull out of its nosedive. And so to our list of disasters let us add this fourth entry: we have entered an age of folly that - for all our Facebooking and the twittling tweedle-dee-tweets of the twitterati - we can't wake up from.
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Journalism has a special, hallowed place for stories of its practitioners' persecution.
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I think the WikiLeaks releases furnish us with an opportunity to observe the upper reaches of the American status hierarchy in all its righteousness and majesty. High-achieving colleagues attempting to get jobs for their high-achieving children. Foundation executives doing fine and noble things. Prizes, of course, and high academic achievement.
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When money is exchanged for pregnancy, some believe, surrogacy comes close to organ-selling, or even baby-selling.
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People getting their fundamental interests wrong is what American political life is all about.
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Money never seems to be interested in strengthening regulatory agencies, for example, but always in subverting them, in making them miss the danger signs in coal mines and in derivatives trading and in deep-sea oil wells.
Thomas Frank