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Cuomo and AIG
Composite: AP photo: Mike Groll, file, and Mark Lennihan

Perp Walks Instead of Bonuses

There must be a criminal investigation of the AIG debacle, and it looks as if New York’s top lawman is on the case. The collusion to save this toxic company in order to salvage the rogue financiers who conspired to enrich themselves by impoverishing millions is being revealed as the greatest financial scandal in U.S. history.

Posted on Mar 18, 2009 READ MORE


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Sarkozy’s Courtship of NATO Defies Rationality

France’s president has lived up to the stereotype that his people, fond as they are of home vacationing and generally convinced of their own superiority, not infrequently fail to know what they are talking about when dealing with foreign countries.

Posted on Mar 17, 2009 READ MORE



AP photo / Mark Lennihan

N.Y. Attorney General Investigates AIG’s ‘Staggering’ Bonus Mess

In a letter to House Financial Services Committee Chairman Barney Frank, reprinted here, New York Attorney General Andrew Cuomo shares what his office has discovered so far about AIG’s scandalous bonuses, which “made more than 73 millionaires in the unit which lost so much money that it brought the firm to its knees, forcing a taxpayer bailout.”

Posted on Mar 17, 2009 READ MORE


Those Hit Hardest Get No Bailout

Taxpayers’ bailout money for AIG bonuses has rightfully provoked a massive backlash against AIG, Wall Street, President Barack Obama and his economic advisers, Treasury Secretary Timothy Geithner and Larry Summers.

Posted on Mar 17, 2009 READ MORE


Now It’s Personal

The last thing the surgeon said to me before they rolled me into the operating room was, “You know, if you and Obama had your way with health care, it wouldn’t be me doing this operation. It would just be some guy.”

Posted on Mar 16, 2009 READ MORE


It’s Time to Put the Clamps on Tobacco

An idea that has been around for years now has reached that rarest of moments: There is a political environment that should, if reason prevails, produce legislation to require the Food and Drug Administration to regulate tobacco products.

Posted on Mar 16, 2009 READ MORE



Rembrandt Harmensz. van Rijn

The False Idol of Unfettered Capitalism

The Ten Commandments were for the ancients, and are for us, the core rules that, when honored, hold us together, and when dishonored lead to alienation, discord and violence. The worship of the free market has turned out to be an idol, and like all idols it has now demanded its human sacrifice.

Posted on Mar 16, 2009 READ MORE


A Big Moment for Volunteerism

The House this week is expected to vote to expand civilian service, and the Senate will soon take up a similar bill. This issue holds the promise of producing that much prized but elusive Washington commodity: a large bipartisan majority. 

Posted on Mar 16, 2009 READ MORE


For Competition Before They Were Against It

Republicans insist that “competition solves health care,” and tell us that government programs are worse than private health insurance. So, don’t they welcome a private-versus-public competition, believing that the former will trump the latter? Well ... uh ... no.

Posted on Mar 12, 2009 READ MORE


From Frozen Minds, a ‘Spending Freeze’

Things are bad, and very likely to get worse—but the Republicans seem determined to plunge us into a real depression, gambling that catastrophe would return them to power.

Posted on Mar 12, 2009 READ MORE


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