Understanding ‘Debtageddon’ Tuesday

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Denis Campbell: Many economists predict a failure to act before Asia markets open Sunday or Monday night could see an immediate stock market loss of up to 5% and wipe out 10% of US GDP by Tuesday night. It’s that serious.

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.

The Empty Bully Pulpit

Robert Reich: Barack Obama is one of the most eloquent and intelligent people ever to grace the White House, which makes his failure to tell the story of our era all the more disappointing and puzzling.

How Debt Ceiling Crisis Reelects Obama

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Tom Hall: The mainstream media has had little to say about Obama’s accomplishments. Why would they? The mainstream media is owned by, and serves, a handful of huge corporations in New York.

Cain Turns History Upside Down

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Berry Craig: Herman Cain says liberal Democrats have foisted “economic slavery” on African Americans and the rest of the body politic just as conservative, white supremacist Democrats of old fastened shackles on his forbears.

Won’t You Come Home, Jim Crow?

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Tom Degan: The Republican party is at this very moment mounting a campaign that, if successful, will disenfranchise the voting rights of African Americans – and everyone else who tends to vote left-of-center – all across America. Isn’t that sweet?

Democrats Score More Victories in Wisconsin Recalls

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Paul Hogarth: Republicans are so concerned about what will happen on August 9th – when six GOP state senators are subject to recall – that they have gone full speed ahead to pass a hyper-partisan gerrymandered map, while they still control the legislature.

As Harry Reid Battles, Democrats Must Not Surrender

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Brent Budowsky: When the full truth is told about the secret deals that will define the fiscal future of America and the fate of programs at the heart of the Democratic Party heritage, it will be clear that Senator Harry Reid (D-Nev.) is the most important leader in Washington carrying the torch, against great odds, for what true Democrats stand for.

The GOP’s Cynical Bluff

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Tina Dupuy: Their real goal is the pyrrhic victory of making the President fail because they think the GOP will rise from the country’s ashes.

Banana Republicans

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Brent Budowsky: The extreme hard-line attitude of many Republicans has significantly raised the prospects for a national default and rating agency downgrades that would sweep across the nation and many states, causing an economic cataclysm and public outrage unlike anything ever seen in the history of the republic.

The Dangerous Hi-Jinks of the GOP’s Juveniles

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Robert Reich: The GOP’s experienced actors – House Speaker John Boehner and Senate Minority Leader Mitch McConnell – have been upstaged by juveniles like Eric Cantor and Michele Bachmann, who don’t know the difference between playacting and governing. Washington has gone from theater to reality TV – a game of hi-jinks chicken that could end in a crash.

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