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The religious right has become a dominant force in American politics. And they’ve done so by organizing and fighting for what they think this country’s values are. The religious left on the other hand finds itself playing catch up and when Democrats take up the mantle of religion it often comes at the cost of progressive values—reproductive rights, the separation of church and state, and gay and lesbian rights. After the '04 election, big calls went out for the religious left to catch up. Has it?
Tonight on GRITtv we ask whether the religious left and the left in general are willing to seize power.MORE
The American way is just naturally the corporate way. That's what Henry Paulson would have you believe.
Both Europeans and American governments are investing in struggling banks right now. But the approach is strikingly different: In Europe, the infusion of capital into banks has come in exchange for ownership and some conditions. Representing the taxpayers, European governments have said, why shouldn't we get the best bargain we can get. For example, in Europe the preferred bank shares governments are buying carry a requirement that no common shares be paid dividends until the government gets its money back.
Not here. Here, our government is buying non-voting shares (huh?). American taxpayers don't get a voice in the bank’s affairs. Nor does Washington require, as European governments have, that the purchase of shares be accompanied by a seat on the board. MORE