Legal Commentary

Bailout Part 2: How About Main Street This Time?

By Big Tent Democrat

With the global stock markets getting slammed (the Dow is down 660 points as I write), it is clear that the Wall Street Bailout was not enough or really about the real problems we face. We need HOLC and we need a new New Deal.

Tomorrow night there will be a town hall/debate involving the two Presidential candidates. I hope the Democratic candidate for President, Barack Obama, realizes that we will need bold progressive leadership from our next President.

Barack Obama needs to promise the voters and the country that he will provide a new New Deal, a Square Deal for Main Street and for ordinary Americans. He should take the ideological battle on - John McCain represents the failed policies of Conservatism, Republicanism and Bushism. Obama should argue for and represent the proud Democratic progressive tradition of representing Main Street and ordinary Americans for the Common Good. Tomorrow night, Barack Obama can win a mandate - for progressivism and the Common Good. Tomorrow night will not decide the election, but it could establish the mandate of what a Barack Obama Presidency will be about.

By Big Tent Democrat, speaking for me only

Full post as published by TalkLeft on October 06, 2008 (boomark / email).