Free Republic

President Joe Biden’s approval rating is tanking, and he’s now trailing former President Donald Trump in national polls, as well as in some key swing states. Vox blames the economy for Biden’s plunging popularity — or at least voters’ perception of the economy. A new Gallup poll shows that just 32% of people approve of Biden’s handling of the economy. To combat the narrative that Biden’s policies are to blame, the White House has gone on the offensive, attacking billionaires and blaming corporations for the economic pain the public is experiencing.

Veteran leftist Andrés Manuel López Obrador took office as Mexican president on Saturday, vowing to see off a “rapacious” elite in a country struggling with corruption, chronic poverty and gang violence on the doorstep of the United States. Backed by a gigantic Mexican flag, the 65-year-old took the oath of office in the lower house of Congress, pledging to bring about a “radical” rebirth of Mexico to overturn what he called a disastrous legacy of decades of “neo-liberal” governments. “The government will no longer be a committee at the service of a rapacious minority,” said the new president, who is...

So the Labor Party has decided to go in for another bout of bank bashing. This is a sport much beloved of the loonier elements in the party and the community generally, and it always goes well in the country. Fear of "the money power" has always been rife on the Left; and farmers and populists have always believed in the idea of cheap and unlimited credit, which is being withheld from them only by the profiteering owners of banks. It is surprising, though perhaps inevitable, that the Labor leader, Mark Latham, should have forgotten most of what he learnt...