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Robert Reich: “No Jobs Recovery”

Posted by Larry Doyle on April 5th, 2010 8:29 AM |

Where is the jobs growth? If we listen to many in Washington or the general media, Friday’s employment report (indicating +162k in non-farm payroll) was a turning point in our labor markets. Was it really? Let’s listen to former Labor Secretary Robert Reich and get his take.

Although I have a decidedly different point of view than Reich on many economic and political topics, I do believe that Reich speaks from his heart and presents what he believes to be the truth as opposed to sugarcoating data to further promote a political agenda. (more…)

Robert Reich Assails Obama Deal with Big Pharma as ‘Assault on Democracy’

Posted by Larry Doyle on August 10th, 2009 7:54 AM |

Likened to extortion. Assault on democracy.

Strong charges put forth by Clinton Labor Secretary Robert Reich in regard to a deal cut by the Obama administration with Big Pharma (major pharmaceutical companies) to support his proposed health-care reform.

If you start to see a major advertising blitz by the pharmaceutical companies in support of Obamacare (and you will) and wonder how it happened, I strongly recommend How the White House’s Deal with Big Pharma Undermines Democracy, recently posted at Wall Street Pit.

Reich weighs in:

I want universal health insurance. And having had a front-row seat in 1994 when Big Pharma and the rest of the health-industry complex went to battle against it, I can tell you first hand how big and effective the onslaught can be. So I appreciate Big Pharma’s support this time around, and I like it that the industry is doing the reverse of what it did last time, and airing ads to persuade the public of the rightness of the White House’s effort.

But I also care about democracy, and the deal between Big Pharma and the White House frankly worries me. It’s bad enough when industry lobbyists extract concessions from members of Congress, which happens all the time. But when an industry gets secret concessions out of the White House in return for a promise to lend the industry’s support to a key piece of legislation, we’re in big trouble. That’s called extortion: An industry is using its capacity to threaten or prevent legislation as a means of altering that legislation for its own benefit. And it’s doing so at the highest reaches of our government, in the office of the President.

When the industry support comes with an industry-sponsored ad campaign in favor of that legislation, the threat to democracy is even greater.

We’re on a precarious road — and wherever it leads, it’s not toward democracy.

Do yourself the favor and read this entire piece by Reich and then share it with friends and colleagues. I know that Washington is bought and sold many times over, but this deal strikes more deeply at the heart of the democratic process.

Those aren’t my words, but those of Robert Reich!! I concur.

What do you think?

LD






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