Shamus Cooke: The coast is clear, the media tells us; economic disaster has been averted. The Euro Zone is finally stable and the U.S. economy is recovering. Whew! Why, then, are government policies internationally still pursuing extremist measures?
Ellen Brown: The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers—but QE3 won’t do it. Neither will it trigger the dreaded hyperinflation. In fact, it won’t do much at all. There are better alternatives.
Shamus Cooke: Aside from some sparse rhetoric, neither Democrats nor Republicans have offered a solution to job creation. Most politicians seem purposefully myopic about the jobs crisis, as if a healthy dose of denial might get them through the electoral season unscathed.
Ivan Eland: The good news is that if the committee can’t reach an agreement on the fiscal changes, or if Congress rejects its work, defense (including homeland security) and domestic programs have to take equal cuts.
Treva Brandon Scharf: I use these parks and trails for exercise, for social time with friends, for activities with out-of-towners, for romantic outings, and for the spiritual benefits I get from communing with nature.
Ed Rampell: Some may find Wasserman to be an alarmist, while others might regard him as a prophet. In any case, he is also a jokester and on the, uh, lighter side this ’60s “leftover” advocated “legalization of hemp and marijuana.”