Keynes and Hayek, Obama and the Republicans

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Walter Moss: From the Reagan years to the present, conservatives have been fond of quoting Friedman and Hayek. Their influence can be seen in such documents as the Republican Party’s 1994 “Contract with America.”

Newt’s Nasty Narcissism

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Michael Sigman: When the Newt boomlet fades, there may yet be a role for Gingrich in public life. Given his obsession with such words as “fundamentally,” “profoundly,” “desperately” and “dramatically,” how about Ambassador of Adverb Abuse?

Obama Job Plan: The Promise and the Drawbacks

Carl Bloice: The danger remains that those in the Administration’s camp who are never anything but political operatives will prevail, opportunity will give way to political expediency and fall prey to the notion that the 2012 election trumps all

Michele Bachmann: A Serious Candidate?

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Stanley Kutler: Bachmann is so obviously an off-the-wall politician, one deservedly dismissed as a fringe candidate. But ironically, the liberal media have propelled her rise from well-deserved mediocrity to suddenly a “serious” candidate

Here Comes Rick

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Tom Degan: The deeply disturbing similarities to George W. Bush aside, Rick Perry has also got that Ronald Reagan thing happening, have you noticed that? Good hair, telegenic, sunny disposition, smooth talker – and dumber than dog poop.

Primary Lessons

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Vijay Prashad: In the Progressive Caucus there was unanimity in the critique, but some hesitation over the way ahead. A few people felt that the far right was dangerous, and it seemed unsafe to unhinge what appeared to be Obama’s walkover in 2012.

The Rich Are Destroying the Economy

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Shamus Cooke: Because both parties simply threw money at the banks and hedge funds instead of punishing them, a condition of “moral hazard” was created, meaning, that banks would assume another bailout would come their way if they destroyed the economy again — too big too fail, remember?

Can Krugmanomics Be Saved?

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Steven Hill: So according to Krugmanomics, taking on too much debt is not the problem – it’s not being able to pay the debt that is the problem. And Krugman’s solution, apparently, is to be able to depreciate your currency and/or default on your debts, leaving the creditors holding the bag.

Two Roads Out of Recession

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Shamus Cooke: As the jobs recession staggers on, politicians and labor leaders alike seem bizarrely distanced from reality, unable to advance any ideas that remotely correspond to the basic demands of those tens of millions of unemployed, under-employed, or poorly paid workers.

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