A coalition of groups – calling for a closure of California nuclear power plants – will target the Japanese Embassy in downtown Los Angeles Friday (June 22) to protest the re-opening of the nuclear power reactors in Japan.
Tina Dupuy: For the last two and a half years politics has been trash television. We’ve had right-wing stars staying relevant through mudslinging and shamelessness. The tea party wouldn’t be satisfied with just one Snooki. We’ve had fake stings by phony pimps and ideology-driven hoaxes. Astroturf is being sold as organic outrage.
A few—and only a few—prescient commentators have questioned whether the U.S. can sustain its informal global empire in the wake of the most severe economic crisis since World War II. And the simultaneous quagmires in Iraq and Afghanistan are leading more and more opinion leaders and taxpayers to this question. But the U.S. Empire helped [...]
It’s difficult to make the case that the first $350 billion bailout of Wall Street — so-called “TARP I” — fulfilled its goals, unless one argues that the Street would have imploded without it, which is pretty much what Hank Paulson is saying these days. And since it’s impossible to prove a counter-factual, especially when [...]
by Robert Reich – The government is doing a lousy job helping distressed homeowners. And according to John Dugan, the Comptroller of the Currency, the little that’s been done has had surprisingly little effect. Nearly 36 percent of homeowners holding mortgages whose terms were adjusted to give them more leeway defaulted on payments within three [...]