Budget Shocker: L.A. Shows $119 Million Surplus

downtown la

Gary Cohn: The reasons for Los Angeles’ comparatively good financial condition include a legal groundwork laid years ago that required specific funding safeguards, recent give-backs from public sector unions and an improving economy.

Casino Mogul Doubles Down Against Unions

sheldon adelson

Steven Mijulan: Sheldon Adelson, the gnomish, ginger-haired casino magnate who threw more than $150 million after Mitt Romney, Newt Gingrich and other candidates in 2012, let it be known to the house organ of the One Percent that he plans to double the amount he spent in 2012 in upcoming elections.

Why Democrats Are Winning

barack and bill

Brent Budowsky: MDemocrats are attuned to the tectonic plate of American politics in 2012. Rightist- dominated Republicans, who have offended too many voters on too many issues and demonized even moderates in their own party, are at war with it.

The Bill Clinton Mega-Bounce

barack and bill

Brent Budowsky: Nobody remembers what Mitt Romney said at his convention, but everybody remembers what Clinton said at the Democratic convention, which gave Obama a mega-bounce that has lasted for more than a week.

Walmart Dodges African “Blood Minerals” Rule

blood diamonds

t must have seemed like a good idea at the time, when Senators Chris Dodd and Barney Frank drew up the landmark regulatory bill that bears their names. One of its lesser-known provisions required U.S. companies to list the inclusion of any “conflict minerals,” mined in or near the violence-plagued Democratic Republic of the Congo, […]

Crow and Humble Pie

lawrence o'donnell

Berry Craig: Not until after the polls are closed on November 6 and the TV news networks declare my candidates the winner will I say, “when they lose.”