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February 17, 2012
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Push Back Against AIG’s ‘Best and Brightest’

Having long flattered themselves as “masters of the universe,” the creative financiers of Wall Street and London are today exposed as grifters rather than geniuses, yet their arrogance remains intact.

Posted on Mar 19, 2009 22 COMMENTS


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 102 COMMENTS


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 24 COMMENTS



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 14 COMMENTS


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 31 COMMENTS


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 32 COMMENTS


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 43 COMMENTS



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 109 COMMENTS


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 11 COMMENTS


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 35 COMMENTS


A Bad Fix Would Be No Fix

Advice to solve the financial crisis before even thinking about health care, energy or education is either misguided or disingenuous. Fortunately, Obama seems to be ignoring all the chatter.

Posted on Mar 12, 2009 6 COMMENTS


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 18 COMMENTS



AP pool photo / Aleksey Nikolskyi

Barack Obama, Meet Team B

The president must be getting bad advice. Why else would he offer not to build a missile defense system he doesn’t want in exchange for Russia’s help with an Iranian nuclear weapons program that doesn’t exist?

Posted on Mar 12, 2009 100 COMMENTS


The Point of Pointing Fingers

Obama speaks disdainfully of “ideology,” but there comes a time when first principles need to be articulated. Conservatives have entered this fight with guns blazing while progressives have hidden behind a Maginot Line armed only with the word pragmatism.

Posted on Mar 11, 2009 18 COMMENTS


The ‘Comfy Retirement’ Dream Has Exploded

No Wall Street rally can obscure the scary historical prospect that most Americans now working can expect to have less income security in retirement than their parents had.

Posted on Mar 11, 2009 17 COMMENTS


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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