Bail-Out Is Out, Bail-In Is In: Another Argument for Publicly Owned Banks

piggy banks escaping

Ellen Brown: A crisis in a major nation such as Spain or Italy could lead to a chain of defaults beyond anyone’s control, and beyond the ability of federal deposit insurance schemes to reimburse depositors.

Let’s Party Like It’s Baktun 13

mayan calendar

Rosemary Joyce: What we can’t do, apparently, is ignore the hype that claims that the Maya who lived in city states in Mexico and Central America a little more than a thousand years ago predicted that the end of the world will come this month: December 21, to be precise.

It’s Halftime in America, Ya’ll

eastwood halftime

Scott Prosterman: Karl Rove’s articulated objections to the Chrysler ad, which is paraphrased as, “How dare anyone take the high road with a positive message unless is it also trashes Obama and promotes Republican ideals.”

Race and Anti-Obama ‘Hysteria’

obama-congress-wide

Berry Craig: The hysteria about Obama, although some of it may be related to philosophical objections to central authority, is largely rooted in race.

DREAM Act Defeat Will Hurt Opponents

Alvaro Huerta: The Republican Party once again demonstrated its disdain toward one of the most marginalized and vulnerable groups in this country: undocumented immigrants.

National Fiscal Hypocrisy Week

Medical_Workers

Robert Reich: The best outcome would be an agreement to extend the tax cuts for the bottom 99 percent, for two years. This would stimulate the economy in the short term when it most needs it, and reduce the long-term deficit.

Chuck Grassley Claims ‘Illegal Workers’ And Their Employers Will Benefit From Jobs Bill’

Andrea Christina Nill: despite his concerns relating to foreign workers, Grassley has already asserted that he isn’t interested in working towards a productive solution that involves even touching a “general immigration reform bill” with a ten-foot pole.

Beyond Diversity: The Cosmopolitan Dilemma

Diversity

There is, of course, an enormous difference between diversity as an idea and diversity as a reality. Moreover, many of those who profess to support the ideal harbor doubts and hostility toward it, doubts and hostility that typically focus less on attacking diversity itself than what it is interpreted to mean

Can Obama Redefine the “Real” in Realpolitik? The Nobel Committee Is Betting That He Can

Nobel_a_Obama

Indeed, as long as the United States acts from the perspective of the world’s major imperial power, it will never be able to lead the way towards peace, even with Obama at the helm.

Visit us on Google+