Richard Eskow: Simpson and Bowles, those two hired pitchmen for budget-cutting hysteria, are still hawking an economy-killing product called “austerity economics,” a product that’s designed to benefit their wealthy patrons at everybody else’s expense.
Shamus Cooke: The banking oligarchy is so intertwined with the political and economic establishment that real regulatory change cannot happen until the system itself is transformed from below, by a powerful social movement. Pleading to politicians to fix so-called Casino Capitalism is increasingly naive.
The political, military industrial, corporate class in Washington DC continues to re-make our constitutional republic into a powerful, unaccountable military empire. Yesterday the U.S. Senate voted 93 to 7 to pass the National Defense Authorization Act (NDAA) for Fiscal Year 2012 which allows the military to operate domestically within the borders of the United States and to [...]
Gareth Porter: The new Pakistani demand for equal say over drone strikes marks the culmination of a long evolution in the Pakistani military’s attitude toward the drone war. Initially supportive of strikes that were targeting Al-Qaeda leaders, senior Pakistani military leaders soon came to realize that the drone war carried serious risks for Pakistan’s war against the Pakistani Taliban.