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The Squandering of America

The Squandering of America

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Wall Street crisis
AP photo / Richard Drew

Economic Meltdown: Don’t Say We Weren’t Forewarned

Has the war on terrorism become the modern equivalent of the Roman Circus, drawing the people’s attention away from the failures of those who rule them? Corporate America is a shambles because deregulation, the mantra of our president and his party, has proved to be a license to steal.

Posted on Sep 19, 2008 READ MORE


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This Is the Man Who’s Going to Fix the Economy?

John McCain was telling the truth when he said that economics wasn’t his strong suit. In response to what many economists have called the worst financial crisis since the Great Depression, the Republican nominee has sounded—and let’s be honest here—totally, embarrassingly and dangerously clueless.

Posted on Sep 18, 2008 READ MORE


No Time for a Minimalist

Barack Obama isn’t going to win any arguments about the economy if he keeps winking at the robber barons who helped wreck Wall Street.

Posted on Sep 18, 2008 READ MORE


The Battle for Michigan

If he carries Michigan, many routes to victory are open for Barack Obama. Without Michigan, he’s got a big problem.

Posted on Sep 18, 2008 READ MORE



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



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


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