Guide Killer Politics: How Big Money and Bad Politics Are Destroying the Great American Middle Class

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The middle class, where the greatness of this nation is rooted, is under siege by an increasingly unethical system, managed by economic vampires who are sucking the lifeblood out of the American family and ripping the heart out of democracy itself. Big money-and the politicians who are swayed by it-play both parties against each other, using this false battle to distract most of us from the real war, which is a war against the American family.

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This is it, folks. This will be the moment historians will look back upon and either say it was the moment this great ship of state corrected its course, or the moment it sailed completely away from its democratic ideals.

Read the full transcript of President Trump’s State of the Union speech - Los Angeles Times

To succeed, we have to reach back and rediscover our greatness. Progress may not come as fast as we, in our impatience and impertinence, demand. Paul B. Economic Calendar Tax Withholding Calculator. Retirement Planner. Sign Up Log In. The changes include a new, responsive design featuring extended-hours data and more news. Learn More. Home Commentary Paul B. Farrell Get email alerts. Reagan insider: 'GOP destroyed U.


By Paul B. Comment icon. Text Resize Print icon. Farrell Columnist. Listen closely: Reagan Republican: the GOP should file for bankruptcy Stockman rushes into the ring swinging like a boxer: "If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing.

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Stockman's indictment warns that the Republican party's "new policy doctrines have caused four great deformations of the national economy, and modern Republicans have turned a blind eye to each one:" Stage 1. Nixon irresponsible, dumps gold, U. S starts spending binge Richard Nixon's gold policies get Stockman's first assault, for defaulting "on American obligations under the Bretton Woods agreement to balance our accounts with the world.

Stage 2. Crushing debts from domestic excesses, war mongering Stockman says "the second unhappy change in the American economy has been the extraordinary growth of our public debt. Stage 3. Wall Street's deadly 'vast, unproductive expansion' Stockman continues pounding away: "The third ominous change in the American economy has been the vast, unproductive expansion of our financial sector. New American Revolution class-warfare coming soon Finally, thanks to Republican policies that let us "live beyond our means for decades by borrowing heavily from abroad, we have steadily sent jobs and production offshore," while at home "high-value jobs in goods production The decaying fruit of the GOP's bad economic policies is destroying our economy.

Reagan insider: 'GOP destroyed U.S. economy'

Warning: this black swan won't be pretty, will shock, soon His bottom line: "The day of national reckoning has arrived. So be prepared, it will hit soon, when you least expect. MarketWatch Partner Center. Most Popular. Both also wrote their own books. Warren grew up in Oklahoma, the youngest of four children. When her father lost his job, in the early nineteen-sixties, and the family lost their station wagon and very nearly their house, her mother, who had a high-school education and no job experience, supported them by getting a minimum-wage job at Sears.

Warren, who knew those factories off Main Street, is angrier.

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But in making sustained, intricate arguments, woven together with the stories of their lives, their books stand alone, on a ballot of two. Every political autobiography is a meet and greet, on the cheap. Campaign books, their jackets plastered with photographs of the candidates, beam their smiles at voters from every airport bookstore and wave at political junkies from every hepped-up, hot-takes Amazon home page.

Remember my name! But it keeps getting more interesting. Her grandfather P.

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Just short of a century later, her grandson was appointed Secretary of Housing and Urban Development. I woke up and went to bed determined and focused. And then, sometimes, their vision for America is a vision of themselves.

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Most recent campaign books aim to combine memoir and platform, no mean feat. In an age of arduous travel, printing speeches was an excellent way to get ideas to voters. In , Warren Harding became the first Presidential candidate to record his speeches, which were sold as a phonographic disk. Gorbachev, tear down this wall! Putin: We will not allow you to undermine American democracy. Sanders is a throwback.