The Other NRA

conquest

JP Sottile: Unlike the NRA, the Military-Idustrial Complex isn’t limited to just spending money on lobbyists and advertisements and voting guides.

Why QE3 Won’t Jumpstart the Economy—and What Would

qe3

Ellen Brown: The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers—but QE3 won’t do it. Neither will it trigger the dreaded hyperinflation. In fact, it won’t do much at all. There are better alternatives.

The Free Market in China: Just How Free Is ‘Free’?

bejiing street

Steve Hochstadt: For many people in the U.S., the fact that China is ruled by the Communist Party provides a ready-made answer — communism is the opposite of freedom.

The Money Delusion

money mint

Mark Dempsey: Why does the Finance, Insurance, Real Estate sector, whose frauds caused the current economic meltdown, get trillions at the drop of a hat, and social safety net programs and revenue sharing with states, whose needs are far more modest, get the “one-finger salute”?

Obama’s Deal with the U.S. Chamber of Commerce

obama and the chamber of commerce

Robert Reich: I’ve been watching (and occasionally trying to deal with) the Chamber for years, and all I know is it has a deep, abiding belief in cutting taxes on the wealthy, eroding regulations that constrain Wall Street, cutting back on rules that promote worker health and safety, getting rid of the minimum wage, repealing the new health-care law, fighting unions, cutting back Medicare and Social Security, reducing or eliminating corporate taxes, and, in general, taking the nation back to the days before the New Deal. So what, exactly, is the deal Obama is pitching to the Chamber?

How Redevelopment Agencies Subvert Democracy

Randy Shaw: As mayors, developers and Agency staff try to fend off Governor Brown’s proposed transfer of redevelopment funds to local governments – earning far more media coverage than cuts to programs serving more vulnerable Californians – little has been said about the fundamentally undemocratic nature of redevelopment agencies.

Who Is the Spendthrift?

homeowners' lament

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.

Budget Cowardice Compounds Problem

deficit hawks

Steve Hochstadt: When conservative Republicans controlled Washington under George Bush, they spent government money on their pet projects with little regard for the long-term budgetary consequences. Now Republicans at the national level have made the deficit one of their major points of attack against the Democrats in preparation for the November elections.

Retail Wars, Urban Sores: A New Jobs Project

CCC workers constructing road, 1933.

If we can defend democracy overseas we can rebuild our decaying Main Streets. This could be a building stimulus project both political parties could respect if we see it as a restoration after a retail business war.

The Costs of War: Missing in Action

vietnam veteran

Social workers invariably cite values such as social justice, inclusiveness, and respect for self-determination when advocating for domestic needs such as health care and other issues. What is missing from the agenda is an effort to address the costs of war that rob domestic programs of their full potential.

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