Lee Fang: In a simple explanation of how the revolving door, Abramoff said he would use promises of jobs on K Street to lure Capitol Hill staffers into his pocket.
Robert Reich: Ninety minutes before the end of the trading day today, the U.S. stock market almost melted down The Dow Jones Industrial Average dropped nearly 1,000 points. The market regained ground before the end, like a giant 747 narrowly averting a crash landing, but the questions of the day are: What happened? And what does it mean?
Articles by Norman Solomon Jerry Drucker Michele Waslin, Robert Letcher, Brad Parker, Ed Rampell, Shamus Cooke, Ivan Eland, Robert Reich, Robert Fuller, Michelle Alexander, Andrea Christina Nill, David Love, Paul Hogarth, Randy Shaw, Robert Letcher, Joseph Palermo, Andrew Glikson, Stuart Wolpert, Berry Craig, Ron Wolff, David Lee McMullen Sherwood Ross Robert Reich, Tom Hall, and Joseph Palermo.
Paul Hogarth: many Blue Dogs are in trouble because of health care, and ironically what could save their hide is a public option. Instead, they are left selling a corporate-friendly bill hashed behind closed doors that forces Americans to buy private insurance – which will only make their constituents vote Republican. That’s why so many Blue Dogs are retiring – so they can bail and become lobbyists for the insurance industry.
Without a public option, the other parties that comprise America’s non-system of health care — private insurers, doctors, hospitals, drug companies, and medical suppliers — have little or no incentive to supply high-quality care at a lower cost than they do now. Which is precisely why the public option has become such a lightening rod. […]
Momentum for universal health care is slowing dramatically on Capitol Hill. Moderates are worried, Republicans are digging in, and the medical-industrial complex is firing up its lobbying and propaganda machine. But, as you know, the worst news came days ago when the Congressional Budget Office weighed in with awful projections about how much the leading […]
The clock is ticking , unemployment is rising, foreclosures are up, and economists say we are at an all time low but the GOP continues to oppose the president on the passage of his stimulus package.