Judis on the Money

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily.


John Judis over at TNR puts himself in Obama’s shoes and describes how he would respond to the financial situation. I think he’s spot on.

I would call a press conference tomorrow to discuss the financial crisis. Do it in New York City. Even better, on Wall Street. Begin with a fifteen minute statement outlining why the crisis has occurred and what, generally, the government should do about it. Contrast your approach sharply with that of McCain and the Republicans. Take questions for an hour from reporters. Finally, issue a challenge to McCain to debate the issue by week’s end. And offer to allow McCain to bring Sarah Palin and Phil Gramm at his side if he needs them to advise him on the issues.

I particularly like the “take questions for an hour” part. Contrasts nicely. The only potential pitfall? If McCain heads to the Senate the same day and introduces serious legislation to address the failing financial industry. Then Obama looks like a showboat and McCain looks like a serious, pro-active leader.

We don't answer to billionaires. We answer to you.

You've watched it happen in real time: corporate media cutting staff, killing stories, and bending to power. The giants of American media have owners to protect, and the truth pays the price.

None of it should surprise us. The problem with American journalism has always been that we entrusted this vital public service to for-profit companies whose allegiance could shift with the political winds and the bottom line.

That is why Mother Jones is independent from billionaires, corporations, and any other deep-pockets owner—and has been since we were founded 50 years ago. We’re only answering to our readers. To you.

We’re funded by our readers too. This week, we have a generous $50,000 match for all donations, meaning that your donation—and your impact—will be doubled. Gifts from readers like you help keep us fiercely independent and telling the truth about those in power.

We don't answer to billionaires. We answer to you.

You've watched it happen in real time: corporate media cutting staff, killing stories, and bending to power. The giants of American media have owners to protect, and the truth pays the price.

None of it should surprise us. The problem with American journalism has always been that we entrusted this vital public service to for-profit companies whose allegiance could shift with the political winds and the bottom line.

That is why Mother Jones is independent from billionaires, corporations, and any other deep-pockets owner—and has been since we were founded 50 years ago. We’re only answering to our readers. To you.

We’re funded by our readers too. This week, we have a generous $50,000 match for all donations, meaning that your donation—and your impact—will be doubled. Gifts from readers like you help keep us fiercely independent and telling the truth about those in power.

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate