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commons.wikimedia.org / Manfred Brückels

Reality Catches Up to the Free Market

Karl Marx, were he still about, would surely be interested in the report that unregulated free-market capitalism has died in a flash, by its own hand; whereas it took 70 years and a Cold War to bring down the Marxist economy established in the Soviet Union following the Bolshevik Revolution.

Posted on Sep 18, 2008 READ MORE


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AP photo / Dusan Vranic

Farewell, General—but Did You Bring Iraq Hope?

Gen. Petraeus’ oft-declared uncertainty about the future stability of Iraq is genuine. It is the Shiites and their Iranian backers, not the Americans, who are the true victors in the Iraqi war.

Posted on Sep 17, 2008 READ MORE


Fiddling While Wall Street Burns

Obama shows more promise than McCain, if only because he correctly sees deregulatory zeal as a culprit. But Obama’s economic strategy simply can’t be implemented now: He wants to spend on necessary investments such as health care, but would have no money to do it.

Posted on Sep 17, 2008 READ MORE


The ‘Reform’ McCain Wants to Forget

With the markets in frightening turmoil and the public outraged by financial irresponsibility and excessive greed, John McCain has suddenly rediscovered the importance of strong, watchful government.

Posted on Sep 17, 2008 READ MORE


Sisterhood of the Flummoxed Female Voters

Three weeks after the nomination of the Candidate From Nowhere, one week after the robo-interview with Charlie Gibson and days after the “Saturday Night Live” skit, there is still a flood tide of women choking on the possibility that Hillary Clinton paved the way for Sarah Palin.

Posted on Sep 17, 2008 READ MORE


Wall Street Socialists

With financial institutions begging for bailouts, taxpayers should be in the driver’s seat. Instead, decisions that will cost people for decades are being made behind closed doors, by the wealthy, by the regulators and by those they have failed to regulate.

Posted on Sep 17, 2008 READ MORE


McCain and Gramm
AP photo / Douglas Healey

Earth to McCain: It’s a Crisis

Gag me with a spoon, as Valley girls used to say. Did you see that McCain-Palin ad promising “tougher rules on Wall Street to protect your life savings, no special interest giveaways”? Just how dumb do they think we are?

Posted on Sep 16, 2008 READ MORE


With ‘Allies’ Like NATO, Georgia Better Not Annoy Russia

Thanks to Russia’s incursion into a belligerent Georgia in mid-August, a country in possession of Washington’s assurance that it soon would be given a “membership action plan” for joining NATO now hasn’t a hope of membership in the alliance.

Posted on Sep 16, 2008 READ MORE



AP photo / LM Otero

Obama’s Secret Weapon

While it’s fashionable for the media and some of his own supporters to be mourning the demise of Barack Obama’s presidential campaign, they may well be overlooking an important point—that the vaunted McCain-Palin ticket has peaked. What else but such blind optimism could be motivating the unflagging energy of thousands of Obama grass-roots workers?

Posted on Sep 16, 2008 READ MORE


McCain’s Political Games Can’t Compete With an Economic Meltdown

Americans don’t mind wealthy and even rapacious capitalists as long as they deliver the goods to everyone else. But when the big boys drag everyone else down, Americans rise up in righteous anger.

Posted on Sep 15, 2008 READ MORE


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