Fiscal Cliffing In America: The Dramatic Realities of Insincere Politics

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Anthony Samad: “Cliff hanging” allows Republicans to be relevant to the conversation, while at the same time be irrelevant to the solution.

President Obama: Please Raise My Taxes!

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Ted Vaill: The Bush tax cuts decreased the top personal income tax rate from 39.6% to 35%. A hypothetical millionaire who had $1,000,000 in adjusted gross income in each of the past 10 years benefitted by over $200,000. It is time for payback. Do it.

Victoria Grant: Twelve-Year-Old Money Reformer Tops a Million Views

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Ellen Brown: Victoria Grant said that banks create money “out of thin air” and lend it to people and governments at interest. If governments borrowed from their own banks, they could keep the interest and save a lot of money for the taxpayers.

The Republican Anti “Anybody But Us” Attacks

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Jim Rhodes: The Republicans claim they are for small government; but new legislation, not only in Washington but states controlled by Republicans, is obsessively concerned with what women can do with their reproductive systems.

Save Money by Ending Costly Alliances

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Ivan Eland: I noted that if the United States continues to provide other nations’ security, they have no incentive to provide their own. After all, if someone offered to pay your mortgage, why would you pay it?

How Greece Could Take Down Wall Street

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Ellen Brown: As Aristotle told this ancient Greek tale, Midas died of hunger as a result of his vain prayer for the golden touch. Today, the Greek people are going hungry to protect a rigged $32 trillion Wall Street casino.

Cut Carriers Now

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Ivan Eland: With yawning American budget deficits and a $15 trillion national debt, it would save significant amounts of money to reduce the number of carriers and carrier air wings well below the excessive 11 and 10, respectively.

War: Fiscal Stimulus of Last Resort

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Ellen Brown: Diverting a portion of our massive war spending to peaceful use could add jobs, improve living standards, and add infrastructure, while reducing the national debt and balancing the government’s budget by increasing the tax base and government revenues.

Let’s Hope for Continued Fiscal Gridlock

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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.

What Brings Democrats and Republicans Together: A White President?

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Anthony Samad: The rise of the Tea Party wouldn’t have taken place had we had a white president. Blink if you want to…but the fact this has not happened to any other President has raised my “Race-dar,” beyond anything ideological battles could muster. Race(ism) has not disappeared in this country. It’s just been codified.

Real Crises and Fake Ones

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Steve Hochstadt: Our economic disaster is not about national debt, but about national poverty. America cannot be a great country, if we do not alleviate the critical economic problems gripping our poorest families.

Don’t Fall for GOP “Budget Crisis” Lie

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Robert Reich: Republicans are using what would otherwise be a routine, legally technical vote to raise the debt limit as a means of holding the nation hostage to their own political goal of shrinking the size of the federal government.

7 Myths That Drive the Debt Ceiling Debate

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Adam Eran: The metaphors that frame the current Federal budget and debt ceiling debates are completely inaccurate, and if the media coverage is any indication, the public has swallowed them hook, line and sinker, too.

The Day the GOP Shot Ol’ America Down

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Ted Vaill: In less than a month, unless they relent in their effort to destroy the American (and the world) economy to curry favor with their Tea Party wing, the Republicans in Congress will cause the American government to default on its debt, on August 2, 2011 or thereabouts.

The Truth About the American Economy

Robert Reich: As we should have learned from the Great Prosperity — the 30 years after World War II when America grew because most Americans shared in the nation’s prosperity — we cannot have a growing and vibrant economy without a growing and vibrant middle class.

The Great Switch by the Super Rich

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Robert Reich: Forty years ago, wealthy Americans financed the U.S. government mainly through their tax payments. Today wealthy Americans finance the government mainly by lending it money.

The Battle for the Soul of the GOP

Robert Reich: Tea Partiers have almost as much contempt for big business and the Street as they do for government. After all, the Tea Party was born in anger over the Wall Street bailout. This is the heart of the civil war in the GOP.

A Tale of Two Town Halls

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Joseph Palermo: The Republican House members who voted for Paul Ryan’s Ayn Rand wet-dream budget are apparently getting an earful from their constituents.

Libya’s True Costs

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Ivan Eland: As in George W. Bush’s invasion of Iraq, analysis of the stated reasons for President Barack Obama’s attack on Libya lead to a lot of head-scratching.

Who Is the Spendthrift?

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Steve Hochstadt: When the real estate boom turned out to be a house of cards, people’s debts came due much sooner than they had expected. Governments are much less to blame for the current foreclosure crisis than homebuyers, egged on by unscrupulous bankers.

Do We Have Common Ground?

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Steve Hochstadt: If we tune out the shouting, we might find that we American voters are not at war with each other. Tuesday’s results included several messages about national policy that most Americans agree on.

No Good News for Democrats Because There’s No Good News

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Joseph Palermo: Yet it’s hard to believe that the American people this November are going to return the party to power that not too long ago lied the nation into war, doubled the national debt, and collapsed the economy.

Jobless Benefits Battle Holds Millions of Americans Hostage

In this July 2, 2010 photo, Mischelle Mitchell looks online for job listings at the at the Oakland Career Center in Oakland, Calif. (AP Photo/Ben Margot)

David Love: A group of mostly Republican lawmakers refuses to reauthorize an extension of $33 billion in unemployment benefits. And in blocking the legislation during desperate times, they are holding 2.5 million Americans hostage, all for a political stunt. T

Republicans: Spare Me Your Newfound “Fiscal Responsibility”

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At his press conference on Monday, President Barack Obama had to remind Mara Liasson of Fox News and NPR that it was the Republicans who doubled the national debt over the past eight years and it’s a little strange to be hearing lectures from them now about how to be fiscally responsible. That interchange was [...]

Just Go, Mr. Bush. Please, Just Go

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President George W. Bush will be finally leaving Washington after what seemed an eternity. He will be leaving behind a country that is poorer, weaker, more polluted, more indebted, more divided and more unequal. He soiled the U.S. Constitution and breached the wall between Church and State. The whole society is less scientifically literate and [...]

7-7-7 Jackpot! Whoops, Slot Machine’s Empty

$9,897,708,003,650.45 is the current national debt jackpot and we all lose! Our country’s real owners the Congress said to its pretend owners, the voters, then the one’s propping up the economy, the Chinese, Saudis and Japanese investors buying up our debt and the those controlling the purse strings, the bankers lending to our businesses to [...]

Is National Masochism Causing The Tight Presidential Race?

I don’t understand. As Juan Cole notes this morning, Republicans came to Washington in 2000 with a solid majority in both houses of Congress and on the Supreme Court, allowing them to steal the presidency. If you ever wanted to know what a pure Republican Party government unhindered by Democrats or anyone else might look [...]

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