By Lindsay Beyerstein, TMC MediaWire Blogger

Ed. note: The Weekly Pulse is becoming the Daily Pulse for September. Every weekday, we’ll bring you highlights from the health care reform debate, including exclusive video interviews with leading experts and independent journalists each Friday. Even better, you can be a part of the conversation. Stay tuned to find out more!

After Ben Bernanke allowed an $8 trillion housing bubble to ravage the global economy and nearly destroy the U.S. financial system, President Barack Obama has decided he deserves another term as Chairman of the Federal Reserve. (The UpTake has video of Obama’s announcement here.) As the Fed Chair, Bernanke has more economic power than any other person on the planet. By heading the committee that sets interest rates, he can control the economy’s rate of growth or contraction; as head regulator of the largest banks, Bernanke has more influence over the rules of the economic game than anyone else.

Our throwaway economy is largely to blame for our environmental woes, as Lester Brown points out for Grist. First introduced after World War II to stimulate growth and create more jobs, throwaway products offered consumers convenience. Soon, disposable paper towels replaced hand towels, tissues replaced handkerchiefs, and plastic diapers replaced cloth ones, eventually building up an overwhelming amount of garbage. Throwaway products create a multitude of problems, including maxed-out landfills, air pollution and depletion of limited resources. Instead of hunting for new places to stash our trash, we should focus on consuming less altogether.

Ted Kennedy’s death yesterday was a blow to the immigrant community, as New America Media reports. For over 40 years, Kennedy was a tireless fighter for immigrant rights and is remembered for many valuable accomplishments, not the least in making possible the Immigration and Nationality Act of 1965, which did away with the national-origin quotas that had been in effect in the US since 1924.

One of health care reform’s greatest champions died last night. Sen. Edward Kennedy (D-Mass.) succumbed to brain cancer at the age of 77. During his 46-year career in the senate, Kennedy’s name appeared on virtually every major piece of progressive legislation from civil rights to economic justice, to health care. Kennedy called healthcare reform “the cause of my life.”

Jack Newfield of The Nation remembers Kennedy as the senate’s fighting liberal, the “best and most effective senator of the past hundred years.”

James Ridgeway of Mother Jones laments:

The U.S. economy may finally be bottoming out. But if the worst is really behind us, we are likely facing a painful period of “growth” that looks very much like the present. Without increasing unionization and mitigating racial inequality, our economic progress will prove as hollow as it is slow. While the economy may improve in a dry, statistical sense, the foundation for a productive economy has been decimated over the past three decades.