Requiem for the War on Terror: Goodbye GWOT, Hello OCOs

muerteguerra

This is the way the Global War on Terror (also known, in Bush-era jargon, as GWOT) ends, not with a bang, not with parades and speeches, but with an obscure memo, a few news reports, vague denials, and a seemingly off-handed comment (or was it a carefully calculated declaration?) from Secretary of State Hillary Clinton: [...]

This Week in The LA Progressive: March 15 to 21, 2009

Averting the Greater Depression The Rich Countries’ Faltering “United Front.” During the 1930s, Europe and the U.S. were also unable to agree on a common strategy, which led to a worldwide trade war and the plunge into depression. –Carl Bloice Economic Recovery Will Be More than Trusting President Obama’s Stimulus Plan. But then, this economic [...]

A Bottom-Up Bailout Rather Than Trickle-Down

Hank Paulson has just about burned through $300 billion, and it’s not clear what the public has got out of it. Perhaps things would be worse without the bailout but they’re certainly no better. Wall Street banks have not significantly stepped up their loans to small businesses, college students, car buyers, or distressed homeowners. Much [...]

Election 2008: Barack Obama and the Future of American Politics

This Democratic victory should be seen primarily as a rejection of the sectarian conservatism of the George W. Bush Administration. There is certainly a mandate to reimpose sensible regulation on the economy, to do something (exactly what is not so clear) about a failing health care system, and to find a way out of Iraq. [...]