Mark Dempsey: American government has the legal right to create literally unlimited dollars, so it can never be insolvent. It will run out of dollars when the Bureau of Weights and Measures runs out of inches.
Mark Dempsey: One Modern Monetary Theory economist suggests sending each American household $50,000 to pay down debts, which would not only be cheaper than the $16-$29 trillion Wall Street bailout, it would bail out Main Street instead of the banks.
Colleen Rowley: Numerous polls confirm we’re approaching a unique moment where a variety of rationales for ending the wars are coming together that transcend prior political differences.
Tina Dupuy: If liberals were doing to their country what extremist tea party Republicans are doing to theirs – it would be called unpatriotic. A whole tsunami of sound bites would sweep the country calling for the sabotage to stop.
Robert Reich: Don’t be fooled into thinking that US companies will continue to make big profits from sales in China. China allows big U.S. and foreign companies to sell in China on condition that production takes place in China – often in joint ventures with Chinese companies. It wasn’t American know-how, so it can eventually replace the US firms with China firms.