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Why Iran Deal Is Good for the Economy

As Reuters reports, the wizards of finance expect the landmark nuclear deal between the U.S. and Iran to boost global growth and make us all feel a little bit richer. Here’s why.

Posted on Nov 25, 2013 READ MORE



U.S. Navy/MC3 Paul Kelly

Sequestration: Getting Our Priorities Straight

Lobbyists for military contractors are swarming all over Capitol Hill these days in a frenzy to stave off automatic budget cuts as part of the second wave of sequestration, due in January.

Posted on Nov 20, 2013 READ MORE


Robert Reich on America’s Income Inequality

The Dow Jones is hitting record highs, giving the top 5 percent of the U.S. (who hold more than 80 percent of stocks) another huge boost. And although Stephen Colbert doesn’t think the wealth divide is a big deal, former Truthdigger of the Week Robert Reich begs to differ.

Posted on Nov 20, 2013 READ MORE



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U.S. Pushing New Treaties at Expense of National Sovereignty

Being negotiated right now are American-sponsored corporate efforts to alter trans-Atlantic and trans-Pacific international trade relations through new agreements that undermine or effectively nullify many countries’ existing national legislation on health, environment, pricing, food safety and other issues.

Posted on Nov 19, 2013 READ MORE



OUR Walmart

Wal-Mart Asks Employees to Feed One Another

Known for its poor treatment of workers and low wages, the retail giant is under fire in Canton, Ohio, where its store apparently set up a food drive for needy employees.

Posted on Nov 18, 2013 READ MORE


NSA Megalomania Accomplishes Little Beyond Alienating Allies

Do you wish your taxes spent on gathering the numbers and addressees of every phone call made and every email sent in the United States (or Europe) during the next decade? This is madness.

Posted on Nov 13, 2013 READ MORE



AP/Nick Ut

Can L.A.’s New Mayor Succeed Where Other Charming Liberals Failed?

The difficult task of ending income and social inequality in Los Angeles is now in the hands of a liberal new mayor, Eric Garcetti, a compromiser rather than a crusader.

Posted on Nov 12, 2013 READ MORE


Our Good Old Todays

Years from now, when someday the nation is mired in another recession or bogged down in another ill-conceived war, these may be remembered as the good old days.

Posted on Nov 11, 2013 READ MORE



landmarkmedia / Shutterstock.com

David Cameron’s Surprise: Permanent Austerity

Back in 2010, the British PM began slashing the country’s budget on the promise that temporary cuts were necessary to reduce the deficit and right the economy. Another recession soon followed.

Posted on Nov 11, 2013 READ MORE



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The Connection Between Poverty and Education

Google the phrase “education crisis” and you’ll be hit with a glut of articles, blog posts and think tank reports claiming the entire American school system is facing an emergency.

Posted on Nov 8, 2013 READ MORE



Election 2013: A Grass-Roots Resurgence

The political chattering class is abuzz with Chris Christie as the GOP’s great hope to retake the White House in 2016. But they miss a vital and growing undercurrent in U.S. politics: grass-roots movements at the local and state level that are challenging the establishment, and winning.

Posted on Nov 6, 2013 READ MORE



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Obamacare’s 787 Moment

The problems of the Affordable Care Act’s health care exchanges will not be solved by a new round of outsourcing. Just ask Boeing.

Posted on Nov 6, 2013 READ MORE



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Clinton Money Man Wins Virginia’s Gubernatorial Election

Terry McAuliffe, who ran the Democratic Party and raised an absolute fortune for both Bill and Hillary Clinton’s political campaigns, is the next governor of Virginia.

Posted on Nov 5, 2013 READ MORE



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Discredited Economic Theory Holds Europe in Deflationary Thrall

Why there is such iron fidelity to neoliberal austerity in the contemporary community of official, semiofficial and even academic economists? It can’t be that it works. It doesn’t work.

Posted on Nov 5, 2013 READ MORE


The Speaker Speaks

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Posted on Nov 5, 2013 READ MORE


Interest

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Posted on Nov 3, 2013 READ MORE


What the President Knew and When He Knew It

The president knew. Presidents always know, but are supposed to be protected from what they saw, heard and did when the best-laid plans hit the fan.

Posted on Nov 1, 2013 READ MORE



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Senate GOP Leader Rejects His Own Idea to Avoid Debt Limit Showdowns

Senate Minority Leader Mitch McConnell, R-Ky., announced Tuesday that he now opposes his own plan to avoid the kind of debt ceiling fiasco that nearly led the nation to default this month.

Posted on Oct 29, 2013 READ MORE


For a Budget That Is Both Morally and Economically Sound

When we talk about the national budget, it is vitally important that we remember how we got into this fiscal crisis in the first place and who was responsible for it.

Posted on Oct 28, 2013 READ MORE



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Our Invisible Revolution

The old ideas that justified global capitalism and the oligarchic elites are being discredited. At some point the battle occurring below the surface will explode.

Posted on Oct 28, 2013 READ MORE


Will Work for Money

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Posted on Oct 27, 2013 READ MORE


The Tax Migration Myth

It is not news that New York’s political and media elites worship the extremely rich.

Posted on Oct 24, 2013 READ MORE



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Don’t Give Up on the Uninsured

Obamacare is working—in states that have followed the essential design of the Affordable Care Act.

Posted on Oct 23, 2013 READ MORE



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How the Wealthy Wage War on Democracy Itself

The Supreme Court considers brushing aside the final vestige of campaign finance laws.

Posted on Oct 23, 2013 READ MORE


Corruption

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Posted on Oct 22, 2013 READ MORE



AP/Gilles Martin-Raget

What Fine? Why JPMorgan Is Laughing All the Way to the Bank

The biggest U.S. bank will pay a record $13 billion fine with a criminal investigation pending, but the stock price is riding high.

Posted on Oct 21, 2013 READ MORE


Janet Yellen

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Posted on Oct 21, 2013 READ MORE



AP/Manuel Balce Ceneta

Let’s Get This Class War Started

If we had paid attention to history we might understand the imperative of battling the rich.

Posted on Oct 20, 2013 READ MORE



Oil, Azerbaijan and the Strange Case of Rick Bourke

Oil is the source of so much pain in the world. Around the globe, wherever oil is extracted, people suffer a constellation of injuries, from coups and dictatorship to pollution, displacement and death.

Posted on Oct 16, 2013 READ MORE



AP/Evan Vucci

The Supreme Court Could Get Even Worse This Term

If the oral arguments conducted the first two weeks of the court’s current term are any indication, the Supreme Court will drift further to the right.

Posted on Oct 15, 2013 READ MORE



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House GOP, News Media Fail to Inform American Public on Budget Deficit

There are two national deficits, and both are in good if not excellent condition. Every day that the House has debated the public debt limit, President Barack Obama has cited this fact. No opponent pays any attention.

Posted on Oct 15, 2013 READ MORE


Documents to Remain Open in Examiner’s Lawsuit Against Fed

A federal judge rejected the Federal Reserve Bank of New York’s plea to seal documents in a wrongful termination lawsuit filed by a former bank examiner who claims she was fired for doing her job.

Posted on Oct 15, 2013 READ MORE



U.S. Air Force/Yasuo Osakabe

The Folly of Empire

In dying empires like our own, the people glorify idiotic leaders and blissfully ignore the looming collapse.

Posted on Oct 14, 2013 READ MORE


Health Care: Deja Vu All Over Again

Just as the Republicans in Congress are desperate to destroy the Affordable Care Act, their predecessors tried to kill Medicare in the 1960s and Social Security in the 1930s.

Posted on Oct 14, 2013 READ MORE


Corporate Leaders Bemoan Tea Party Default Crisis Created by Their own Donations

The frightened corporate leaders surely know how this happened—because their money funded the tea party candidates and organizations responsible for the crisis.

Posted on Oct 14, 2013 READ MORE


The Plot Against Pensions

As state legislatures prepare for their upcoming sessions, you will no doubt hear a lot about public pensions.

Posted on Oct 10, 2013 READ MORE



Shannon (CC-BY-SA)

The Heartbreak of Extremism

The only thing keeping our country from being its growing, innovative and successful self is genuinely and unnecessarily stupid politics.

Posted on Oct 9, 2013 READ MORE



Shutterstock photo of money suitcase.

Dark Money Group Wins IRS Recognition as Tax-Exempt Nonprofit

The IRS has granted nonprofit status to America Is Not Stupid 2013, a so-called dark money group best known for a 2012 election ad featuring a talking baby who compared the smell of his diaper with a Montana senator.

Posted on Oct 8, 2013 READ MORE


Care for Green

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Posted on Oct 6, 2013 READ MORE


How Republican Extremists Are Shredding Every Principle the GOP Claims to Uphold

By Washington standards, the current government shutdown is an everyday disaster—of a kind we are gradually learning to expect whenever the Republican Party controls Congress.

Posted on Oct 3, 2013 READ MORE



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Health Care for All: Why We Need a New Prescription

The right-wing assault on Obamacare is a distraction, but the “progressive” (or rather party line) defense of the Affordable Care Act is also a dead end.

Posted on Oct 1, 2013 READ MORE



AP/J. Scott Applewhite

The Reason Republicans Were Willing to Shut It Down

Don’t write the Republicans off as totally crazy. They know that if Obamacare works, it will wreck chances for attaining their real goal.

Posted on Sep 30, 2013 READ MORE



Photo by Poster Boy NYC (CC-BY)

The Sparks of Rebellion

The tinder for revolt will not be the same as in past industrialized societies. Guided by the revolutionists who came before us, we will have to create our own forms of resistance out of the wreckage of the corporate state.

Posted on Sep 30, 2013 READ MORE


Evolution

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Posted on Sep 29, 2013 READ MORE



NTLam (CC BY 2.0)

Majority of Americans Have No Ability to Save

Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to nothing in emergency savings, a survey released by Bankrate.com shows.

Posted on Sep 28, 2013 READ MORE


California’s Minimum Wage Sky Falling

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Posted on Sep 28, 2013 READ MORE


1 Birdie

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Posted on Sep 27, 2013 READ MORE


the day the government runs out of money
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Oct. 17: The Day the Money Runs Out

Treasury Secretary Jack Lew has written House Speaker John Boehner to warn that unless Congress raises the debt limit, the United States of America is going to start bouncing checks.

Posted on Sep 25, 2013 READ MORE


Wealth Disparity

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Posted on Sep 25, 2013 READ MORE


Why Obamacare Is a GOP Nightmare

To understand the crisis in Washington, tune out the histrionics and look at the big picture: Republicans are threatening to shut down the federal government—and perhaps even refuse to let the Treasury pay its creditors—in a desperate, last-ditch attempt to keep millions of Americans from getting health insurance.

Posted on Sep 24, 2013 READ MORE


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