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p-a-t-r-i-c-k (CC BY-ND 2.0)

The Armageddon Looting Machine: The Looming Mass Destruction from Derivatives

Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system. Although free of government regulation, these banks are propped up by a guarantee hidden in the 2005 Bankruptcy Reform Act pushed through by Wall Street. The result is a perverse incentive for the financial system to self-destruct.

Posted on Sep 19, 2013 READ MORE


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Bob Jagendorf (CC BY 2.0)

A Lesson for Future Presidents and Children

The No. 1 problem we face is inequality, and the beginning of a new school year is the appropriate moment to ask what role education plays. Are schools part of the solution or are they part of the problem?

Posted on Sep 19, 2013 READ MORE



Original photo by Apple

iOS7: The Good, the Bad and the Infantile

On Tuesday, Apple released the biggest update to its mobile operating system since the introduction of third-party apps. Here’s a quick rundown of the changes, for better and worse.

Posted on Sep 18, 2013 READ MORE



Americans Say No to Another Middle East War

The likelihood of peace in Syria remains distant, as the civil war there rages on. But the grim prospect of a U.S. strike has been forestalled, if only temporarily, preventing a catastrophic deepening of the crisis there.

Posted on Sep 18, 2013 READ MORE



Shutterstock photo of a health care protester.

Quit Whining About Obamacare

One of the most important components of the health program is about to kick in, with the potential to transform American society.

Posted on Sep 17, 2013 READ MORE



Shutterstock photo of Syrian rebel flag.

U.S. Must Accept Russian-Delivered Syria

The Washington debates about the Syrian chemical weapons, and whether there is an Obama “Plan B” by which the United States may yet bomb Syria, seem deaf to what really happened last week.

Posted on Sep 17, 2013 READ MORE



AP/J. Scott Applewhite

The People Win as Lawrence Summers Trades Power For Wealth

Poor Lawrence Summers, he doesn’t get to be chairman of the Federal Reserve, aka the czar of the world’s economic order.

Posted on Sep 16, 2013 READ MORE


Navy Yard Shooting: This Time It Hits Home

Washington was under siege on Monday, with SWAT teams racing through the streets and military helicopters circling overhead. Not immediately threatened, however, was the complacency that allows our elected officials to argue endlessly about the threats we face rather than work together to lessen them.

Posted on Sep 16, 2013 READ MORE



AP/Mel Evans

Miss America: Why Racism Thrives Online

The danger of online racism is that people seem to get away with it and public disapproval in the form of reports like this one do not appear to have the same effect in lessening racist speech as disapproval does in face-to-face encounters.

Posted on Sep 16, 2013 READ MORE



Dabadoo (CC BY-ND 2.0)

The Dead Rhetoric of War

After years on a drunken bender, Americans are awakening to lies masked in patriotism and glory.

Posted on Sep 16, 2013 READ MORE


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