Maybe we should let them have it. With the news today that Ben Bernanke elected to slash interest rates by another fifty basis points (making it 125 in eight days), leaving the federal funds rate scraping bottom at three percent, it seems clear to me that the Bush administration is well aware that a Democrat will win the 2008 election. They are so confident of this, in fact, and so politically cynical, that they are trying to wreck the country before that happens so that we have to clean up the resulting economic and political mess. Even Alan Greenspan, who created the real estate bubble by encouraging Americans and America to continue borrowing and spending in good times and bad, never played with our money supply with such cavalier disregard for the long term impacts.
As we plunge into a recession that looks to be longer and deeper than any in recent memory (including the ones that began under Republicans Ford, Reagan, Bush, and Bush–not that that says anything about their economic prowess), due in no small part to Greenspan-backed Republican tax cuts and Greenspan-spawned Republican fiscal policy (the latter continuing unabated under the DLC-spawned Clinton presidency), one wonders why we are trying so hard to win this election. Sure it would be much better for the country, but how have we faired as a party in the past after inheriting Republican recessions? Just ask Jimmy Carter. And the situation he had to deal with in Iran was not nearly so bad as the one Bush appears anxious to create.
Of course I do not truly advocate allowing the Repubicans to win this election and further destroy America, but we should think carefully about how to proceed into the first months of a Clinton or Obama presidency. If Congress continues to drag its feet on key economic and foreign policy reforms under a Democrat as it has under Bush, and if we do not introduce tough policy measures like deep cuts in “defense” spending, speedy withdrawal from Iraq, and higher taxes on the wealthy, we should not expect the “eight years of [insert favored Democratic candidate's name here]” that Democrats inevitably mention when discussing their choice between the two remaining frontrunners.


Just in the past week, over 1500 phone calls have been made and more than a hundred new supporters have been signed up by students, who meanwhile still managed to rush to their classes on time. The Students for Barack Obama chapter has reached out to the entire campus, including the African and faith-based communities.
The enthusiasm
Calling to Get Out the Vote
From now until Super Tuesday, students will be phone banking daily. Volunteer coordinators run these informal, intense sessions in order to garner more support and remind people to vote.
Women Throw Their Support Behind Obama
This Saturday,
They are going to start out at Barnard Hall bright and early at 10:30 a.m. for donuts, coffee, and sign-making. They will head over to the rally together. This is an exciting part of the GOTV week. The group is inviting all, from diehard devotees to new supporters, from political science students to enthusiastic newbies.
Tuning in For Barack
Fellow supporters and intrigued students will watch the Democratic Debate on Thursday night from 7:30 to 9:00 pm. A big screen television, cozy couches, and delicious food will accompany lively discussion on Obama’s policies and potential. Students will meet at Lewisohn Parlor, Brooks Hall Lounge, in the Quad @ Barnard.
For more information contact Students for Barack Obama Director Mary McDonald at mcm2172@columbia.edu, 914.380.2250. Students for Barack Obama is a registered umbrella group of the
Looking for a way to watch the State of the Union tonight without wanting to cry?
I know it’s hard, but try this: http://campusprogress.org/opinions/2449/state-of-the-union-drinking-game
In a walk which inspired restauranteurs, market owners, and passer-byers to join in, twenty-two
Above all, the walk transcended the political, much as Obama does. Perhaps this is best proven by the grassroots nature of the event, which was run not by the campaign but by various groups from throughout
For more information contact Students for Barack Obama Director Mary McDonald at mcm2172@columbia.edu, 914.380.2250. Students for Barack Obama is a registered umbrella group of the
For the past two nights, the Students for Barack Obama chapter at
These students’ phone banking in this passionate Get Out the Vote effort defies the false expectation that