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.
Berry Craig: The Tea Bagger movement’s spiritual forebears – the White Citizens’ Councils and the George-Wallace-for-president-in-‘68 crowd come to mind – went apoplectic when Congress passed historic civil rights bills in the 1960s.
Sikivu Hutchinson: Reveling in nightly PR infusions from the corporate lapdogs of American journalism, the freshly evangelized macho racist right has ensured that its charge of a socialist government expansion is now viewed as a “reasonable” critique of an overhaul that effectively concedes universal coverage to the insurance industry.
Adam Eran: Niello’s hearing is yet another bit of evidence that, no matter what the facts, the Republican narrative remains constant: We must reduce taxes and regulation, even if lack of effective regulation produced the current less-than-optimum outcome. And although “deficits don’t matter,” no matter how low they are, taxes are too high, especially on the wealthy.
This week’s articles in the LA PROGRESSIVE
The public doesn’t know what’s going on because the national media would rather report on the sexual escapades of famous people or social trends or high finance (a recent Pew study of economic reporting shows the vast majority of stories about the Great Recession have focused on Wall Street rather than Main Street).
The furor over the non-payment of taxes by Tom Daschle and a few other recent nominees for public office should not obscure the deeper truth that the United States has become a nation of tax-evaders. On the simplest level, this tax evasion is exemplified by the fact that vast numbers of people, including some who [...]