Ellen Brown: “Too big to fail” now trumps all. Rather than banks being put into bankruptcy to salvage the deposits of their customers, the customers will be put into bankruptcy to save the banks.
Republican Extremism: The Campaign from Hell
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Brent Budowksy: It is Republicans who deviate to extremism of politics and obstructionism for partisanship from historical norms of American political discourse and practice.
Real Social Security: A Just Distribution of Wealth
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Charles Hayes: When I hear senate candidate Elizabeth Warren explain to an audience that no one makes a fortune in America all on their own, I can’t help but wonder why it has taken so long for this argument to surface.
Reigning in Government Contractors
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Robert Reich: The President should ban all political activity by companies receiving more than half their revenues from the U.S. government.
If Lobbyists Hate It
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Tina Dupuy: We cannot hold our lawmakers accountable without transparency. And if we can’t hold them accountable – they’re not working for us. Actually we’ll never know who they work for.
Charter Schools Fall Short
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Cynthia Liu: A national law regulating charter school management would reduce confusion and not allow individual schools to hide behind gaps in oversight if the parent management organization operates across several states.
Why Has Every Pro-Repeal GOP Lawmaker Given Their Congressional Staff Taxpayer-Funded, Government Health Care?
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Lee Fang: Evan as they rip the bill as some sort of “monstrosity” of “socialism,” nearly every Republican lawmaker eagerly accepts government health benefits afforded to them as members of Congress.
Jury Nullification: Remedy or Danger?
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Wendy McElroy: Jury nullification did not technically occur in Missoula because no jury was seated. Nevertheless, the incident is viewed as a triumph for nullification, and the strategy is reinvigorated.
Saving LA’s African Marketplace
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Anthony Samad: The City of Los Angeles is trying to charge the festival over $180,000 to hold the African Marketplace for two weeks, in a public park. Now we know the City is having a hard time…but $180,000??? For what?
Calling Out the Right Wing Lie Machine
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Tom Hall: There has been a campaign to politicize loyalty. Those who hate government are loyal. Those who cling to old fashioned ideas that politics should be “of the people, by the people, and for the people” are disloyal. Those who question no-bid contracts for inadequate body armor, unsafe housing for our troops in war zones, or Bush’s $7++ billion gift to Wall Street bankers, are enemies of freedom.
Calling the Right Wing Lie Machine to Account
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Tom Hall: There has been a campaign to politicize loyalty. Those who hate government are loyal. Those who cling to old fashioned ideas that politics should be “of the people, by the people, and for the people” are disloyal. Those who question no-bid contracts for inadequate body armor, unsafe housing for our troops in war zones, or Bush’s $7++ billion gift to Wall Street bankers, are enemies of freedom.
The Housing Crisis and Wall Street Shame
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The $75 billion federal program designed to bribe banks to modify mortgages has been a bust. No one knows the exact number of mortgages that have been modified (that will be reported next month) but housing experts I’ve talked with say it’s a tiny fraction of the number of homeowners in trouble. Seems that the big banks can’t be bothered.
AIG and the Undeserving Rich
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Charles Blow, the “moderate” who seems to write a lot of words but never takes a clear stand on anything, recently lamented on the op-ed page of the New York Times about what a small matter the $165 million in bonuses really were compared to the $170 billion AIG received in government welfare. Sheryl Gay [...]
In the Wake of AIG: Obama’s First Priority
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AIG is rapidly becoming a nightmarish metaphor for the Obama Administration’s problems administering the bailout of Wall Street. One central problem is the lack of transparency. According to some news reports, Treasury Secretary Tim Geithner knew weeks ago that AIG was planning to issue the bonuses to executives in its notorious credit default swap unit, [...]
The Debate to Come over Wall Street, Autos, and Everything Else: Cyclical or Structural?
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by Robert Reich – First prediction for 2009: A widening gap between the public’s view of the bailouts of Wall Street and Detroit, and the views of the direct beneficiaries. The public believes the bailouts will permanently change these industries, but industry insiders don’t really want to change.
The Profits They Make from Attacking Freedom
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by Tom Hall – In earlier essays, I talked about how a group of for-profit businessmen was promoting Proposition 8 (Proposition Hate), the anti-gay marriage measure to write bigotry into the California Constitution. I pointed out some of their hypocricies and dishonesties. But I didn’t talk much about their finances.
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