A Prairie Populist Leaves the Senate

It’s going to take a while to get used to the thought that the “Senator” part of Senator Byron Dorgan soon will be in the past tense. For most of my adult life, Byron has been an elected official of exceptional conviction and resolve. He also has been an employer and friend of mine. Name a fight that pitted global corporations and entrenched financial interest against the little guy in the U.S. economy, and Byron probably has been there. He has also sought to address global hunger and bring some sanity to foreign affairs.

Byron’s retirement, which he announced recently, isn’t just a loss for the Senate. It marks the waning of a political outlook that took shape in the farm states more than a century ago and that has given spine to the nation’s politics for decades. Byron is probably best known today for opposing the repeal of the Glass-Steagall Act, which since the Depression had held the speculative urges of the banking industry in check. In a prescient speech on the Senate floor in 1999, he warned that Congress would “look back in ten years time and say we should not have done this.” He called it practically to the year. (Only seven other senators voted along with him.)

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Obama Needs Our Help

I think it was the late Paul Sweezy who said that you could make Leon Trotsky the CEO of Exxon and the company wouldn’t change much. The behavior of that company, as with any corporation, is built into its DNA, which is encoded for the unrelenting pursuit of gain. A CEO can make changes at the edges. But Exxon still will be Exxon, for pretty much the same reason that a goat isn’t going to fly.

I’ve been thinking about Sweezy’s comment in light of the recent complaining about Obama on the Left. It’s gotten pretty intense, and it’s what the Left in America does best—feel victimized and disaffected. I understand the disappointment. I have been especially dismayed at Obama’s inability to do—and in fact apparent disinterest in doing—the thing I thought he’d do best, which is define the debate. On medical insurance, for example, he’s given his big speeches and then let his opponents drive the issue through the daily news cycle. As a result, advocates of health insurance reform have been on the defensive throughout, which is quite an achievement considering the insurance mess that exists today.

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What Makes the Waters Freeze

I was down to my last ten dollars – or was it five? – and had asked a young lady out to dinner that Saturday.  She had been generous since … More

Why Main Street Matters

My mother’s second husband was an artist. He had a small shop in Provincetown, Massachusetts, which is about as far east as Point Reyes is west (and as circus-y as … More

Looking Backward: Economics and the Cult of Yesterday

One reason that the nation has not made more progress toward an economic “recovery” is that the people in charge really don’t know what one would look like. The top economists in Washington don’t appear to have asked the obvious question, “Recovery of what—and for what?” Instead they have followed the old drill, tried to rekindle the old flame, and remained wedded to the old guideposts that leave them looking at yesterday and trying to see tomorrow.

Just recently, the president of France realized the stupidity. He has decided that his nation’s measures of economic health need to change to account for today’s challenges instead of yesterday’s. As Washington gears up to spend billions in more “stimulus,” it would help to ask exactly what it is trying to stimulate—and most importantly, exactly what would constitute success.

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The Tomales problem

After a meeting of the Shoreline school board in Tomales a couple of weeks ago, I was driving back to Point Reyes Station with my wife and son. There was … More

The Health Care Crisis Few of Us Recognize

A few weeks ago, researchers reported that drug use had increased “dramatically” among children in the U.S. These researchers weren’t talking about illicit drugs, but rather prescription medications for such conditions as obesity, asthma, depression and restlessness in school.

Another study found that American children are showing up in doctors’ offices with arteries that look like those of 45 year olds.

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Is Sarah Palin Right about Taxing Polluters? A Thought Experiment

I think it’s time to cut Sarah Palin a little slack. After all, not many of us would forsake the bright lights for more winters in Wasilla. Besides, with her opposition to a cap-and-trade policy to slow climate change, the soon-to-be ex-governor of Alaska—her last day in office is Sunday—has a point. Europe has tried this approach, and it was a bust. And does anyone really think it wise to entrust the fate of Earth’s atmosphere to another Wall Street circus of kinky new “investment vehicles”? (That’s the “trade” part of cap-and-trade.)

True, these aren’t Palin’s reasons. She opposes cap-and-trade because she thinks it would work too well, not because it wouldn’t work at all. But that’s a minor detail. Let’s take her advice one step further: Put cap-and-trade aside—and consider another way to curb carbon emissions. The Alaska way.

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Springertime in West Marin

What the seasons are to crops, the news cycle is to life in Washington, D.C. Events move to the beat of the media drum; the tree does not fall if … More