Will Falling Oil Prices Crash the Markets?-Weekend Edition December 12-14, 2014

[Crewleader]

12. From Robert Reich on facebook

Senator Charles Shumer on CNN this morning said “the soul of the Democratic party is the economy, and the party is united on the economy.” He’s right about the first part, but there’s no unity. Elizabeth Warren and other progressive senators are fighting for average working people. They opposed the spending bill that passed the Senate yesterday, which allows big Wall Street banks to gamble once again with commercially-insured bank deposits, thereby inviting another bailout of the Street, and allows the fattest cats, many of them on the Street, to write checks for more than a million dollars in an election cycle. Other Democrats, including the President, capitulated. There’s no unity in the party. There are two Democratic parties: the party of FDR, LBJ, Ted Kennedy, and Paul Wellstone; and the party of the corporate-financial complex.