E-mail this story
Immigration reform left an orphan
If the Obama administration proceeds to electoral doom, blame rests on its surrender to its financiers and campaign organizers: Wall Street and public employee and construction unions. A Democratic administration in control of Congress which for two years left hedge fund managers' "carried interest" untouched while not providing a Civilian Conservation Corps or payroll tax moratorium for young workers to relieve youth unemployment has something wrong with it. Meanwhile, the bizarre Republican schemes for tax relief have in common a determination not to burden "the donor community." The state of the two parties is a reflection of the nationalization of campaign finance by the 1973 "reform" legislation suppressing individual local contributions in favor of "bundling" by national interest groups.
By George W. Liebmann
April 5, 2012