Randy Shaw: Tax Day has passed with little attention to the chief reason U.S. students are overwhelmed by debt, millions are homeless, children go to bed hungry and our public transit infrastructure is being destroyed — the allocation of half of every discretionary dollar to the military.
t must have seemed like a good idea at the time, when Senators Chris Dodd and Barney Frank drew up the landmark regulatory bill that bears their names. One of its lesser-known provisions required U.S. companies to list the inclusion of any “conflict minerals,” mined in or near the violence-plagued Democratic Republic of the Congo, […]
Joseph Palermo: With new evidence mounting each day that the system is as broken as it was before the meltdown of September 2008 and will likely require another colossal taxpayer bailout at some point, the public might be able to compel even the isolated 1 percenters among Washington’s policy elite to take heed.
Lawrence Wittner: When it comes to military appropriations, the U.S. government already spends about seven times as much as China, thirteen times as much as Russia, and seventy-three times as much as Iran.
Randy Shaw: The Republican Party and Democratic so-called “deficit hawks” attack any proposed defense cuts as “job killers.” Yet this alliance refused to save the jobs of hundreds of thousands of teachers, and have backed tax and spending policies that have cost the nation millions of jobs in recent years.
Anthony Samad: Don’t look for Tea Party activists to try to run racists hiding in their ranks out of the movement. For they can no more disavow the racists in their own Party than they could disavow their white grandfathers that raised them but said things that made them “uncomfortable.” They’ll just have to learn to keep their unspoken truths to themselves.
Joseph Palermo: The financial reform legislation currently winding its way through the Congress is a step in the right direction but it retains too much of the status quo that brought down the economy in the first place. The key problem, as many economists have been telling us, is that the top financial institutions remain “too big to fail.” Congress can enact all the regulations it wishes but even the best written rules won’t be enough to prevent another financial meltdown.