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Chelsea Green Blog

Robert Kuttner: Get Rid of the Toxic Executives!

The first Bush/Paulson/Pelosi bailout plan to come before Congress was defeated. Wall Street reacted, the Dow plunged, world markets trembled, and we now face a financial future that can at best be described as uncertain. With the elections a few weeks away, no one—Democrat or Republican—wanted to vote for a bill that was perceived by many as giving a helping hand up to the man from Wall Street while stepping on the face of the man from Main Street. With their jobs at stake, a majority of Representatives killed a bill that may have been the only feasible option out of this mess. The Republican leadership wasn’t there, and you could have bet the Democrats weren’t going to go all in without significant support from the GOP. So it failed. But if we can put aside the predictions of gloom and doom (Financial Pearl Harbor? Great Depression II? Financial Armageddon?) for just a moment, the Republicans may have actually done us a favor. Economist and author Robert Kuttner (Obama’s Challenge: America’s Economic Crisis and the Power of a Transformative Presidency) spoke to host Neal Conan on NPR’s All Things Considered yesterday as the vote was transpiring. They actually get the news of the bill’s defeat in the middle of the interview (at around 05:30), as the vote closed. Now that we have the chance to take another crack at it, one thing that we absolutely must have, says Kuttner, is “direct government refinancing of home mortgages” a la the Homeowners Loan Corporation, created under F.D.R.’s New Deal. And, Kuttner goes on, “instead of having government simply buy up toxic securities, and get the toxic securities off the books of these banks, you need to get rid of the toxic executives.” Listen to the entire program here.

Bullshit. *Charisma, Icon, Intelligence, Empty Sandwich

How does the word “bullshit” connect to Charisma, Intelligence and the notion of The Empty Sandwich?To find out the answer to this question we meandered through David Fleming’s Lean Logic. A dictionary unlike any other, Lean Logic encourages readers to actively and intellectually engage with its entries. These entries are often cross-referenced so that you […] Read More

From Farm-to-Table to Farm-to-Everything

No longer restricted to the elite segments of society, the farm-to-table movement now reaches a wide spectrum of Americans from hospital and office cafeterias to elementary schools and fast-casual restaurants.Nearly a century ago, the idea of “local food” would have seemed perplexing, since virtually all food was local. Today, most of the food consumed in […] Read More

The Three Cs of Farm-to-School

Most people know about the three “R’s” – reading, writing, and arithmetic. But, have you heard about the three “C’s”?If you, or your kid, is at a school that takes part in the Farm-to-School movement, then you may already know about them.October is National Farm-to-School month, and in their book Farm to Table, authors Darryl […] Read More

“Rules for Revolutionaries” Offers New Political Playbook for Activists

A riveting behind-the-scenes look at the “rules” used by the “revolutionaries” who helped harness the volunteer power that fueled Bernie Sanders’ historic, and insurgent, presidential campaign.Authors Becky Bond and Zack Exley led the Sanders campaign’s efforts to recruit and engage volunteers at an unprecedented level, which was crucial to the Vermont senator capturing 46 percent […] Read More

Born on Third Base: A Q&A with Author and Inequality Activist Chuck Collins

As inequality grabs headlines, steals the show in presidential debates, and drives deep divides between the haves and have nots in America, class war brews. Does it have to be this way?Can we suspend both class wars long enough to consider a new way forward? Is it really good for anyone that most of society’s […] Read More
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