Lately, we have heard lamentations from public intellectuals that the bonds of our union are fraying. It is worse now than at any point since the 1850s! And of course we all know what happened next ... Nonsense. Our union is all right. It may not be the happiest of moments in our nation's history -- though it is far from the least happy! -- but the state of our union is strong. To me, this whole argument illustrates that we need a better class of public intellectuals -- the current crop seems not to understand the origins of our country, the logic animating the Constitution, or most of the intervening history between then and now. And it is not for nothing that America to these folks is always on the precipice of greatness or disaster depending on the party affiliation of the current occupant of the White House read more
A closely watched case could saddle the industry with higher costs that could hit consumers and ripple throughout the economy. The case, New Prime Inc. v. Oliveira, No. 17-340, pits business interests against labor groups in the first major case of the term that could have consequences for hundreds of thousands of American workers and potentially millions of consumers. It comes amid a bruising confirmation battle for Brett Kavanaugh, whom President Donald Trump nominated in July to succeed Anthony Kennedy, long considered the court's swing vote.
On Wednesday, Sen. Bernie Sanders (D-VT) and Rep. Brad Sherman (D-CA) introduced new legislation on TARP's anniversary. It is aimed at the central, still-unaddressed issue of the last disaster: the ungovernable size of the country's biggest banks.