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AP / Mark Lennihan

At Last, Some Decency on Wall Street

By the time you read this, the PR hacks of Goldman Sachs will be vigorously pressing their efforts to destroy the reputation of whistle-blower Greg Smith.

Posted on Mar 14, 2012 READ MORE  |  46 COMMENTS


Romney Meets ‘Peasants With Pitchforks’

Republicans cannot shut down their presidential nominating contest because the party is in the midst of an upheaval wrought by the terror the GOP rank and file has stirred among the more moderately conservative politicians who once ran things.

Posted on Mar 14, 2012 READ MORE  |  6 COMMENTS



Jon Wade (CC-BY)

Citigroup and 3 Other Banks Can’t Take the Stress

Despite hefty bailouts and infinitesimal interest rates, Citi, Ally Financial, MetLife and SunTrust were not able to pass the latest round of stress tests designed and measured by the Federal Reserve.

Posted on Mar 13, 2012 READ MORE  |  3 COMMENTS



Illustration by Mr. Fish

AIPAC Works for the 1 Percent

AIPAC does not speak for Jews or for Israel. It is a mouthpiece for right-wing ideologues and defense contractors.

Posted on Mar 4, 2012 READ MORE  |  239 COMMENTS



Collage from an image by Nick Ares (CC-BY-SA)

Larry Flynt Offers $1 Million to Scandal Hunters

Need money to fund your super PAC? If you have documented evidence of a prominent government official engaged in “infidelity, sexual impropriety or corruption,” Larry Flynt and Hustler magazine may have up to $1 million with your name on it.

Posted on Mar 4, 2012 READ MORE  |  3 COMMENTS


The Danger of Mitt Being Mitt

Political consultants tell candidates to be authentic—to “be yourself.” In Mitt Romney’s case, that might not be such good advice.

Posted on Mar 1, 2012 READ MORE  |  13 COMMENTS



Mitt Romney (CC-BY)

Romney’s Budget-Balancing for Dummies

Mitt Romney must think “conservatives” very stupid if he’s promising to balance the federal budget by eliminating nominal amounts spent on the nation’s cultural programs.

Posted on Feb 29, 2012 READ MORE  |  1 COMMENT



Jason Hargrove (CC-BY)

Mitt Romney: An Extremist for the Privileged

There is a terrible bias in the mainstream media, which judge “moderation” almost entirely in relation to positions on social issues such as abortion or gay marriage.

Posted on Feb 29, 2012 READ MORE  |  7 COMMENTS


This One’s for You

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Posted on Feb 26, 2012 READ MORE        



U.S. Navy / MC2 Justin E. Stumberg

Judge Puts Deepwater Horizon Trial on Hold

U.S. District Judge Carl Barbier, who will ultimately put a price tag on the worst oil spill in American history if the many lawsuits against BP go to trial, has given the oil giant and its many, many plaintiffs another week to reach a settlement.

Posted on Feb 26, 2012 READ MORE  |  5 COMMENTS



AP / Nariman El-Mofty

Dispatches From Cairo: Blood, Money and Revolution

As American NGO employees await trial, propagandists beat the drums of public suspicion and the military maneuvers to preserve U.S. aid.

Posted on Feb 23, 2012 READ MORE  |  16 COMMENTS



DonkeyHotey (CC-BY)

Desperate Fantasy: Can Jeb Bush Save the GOP?

What Florida voters once accepted (or ignored) might well horrify the national electorate today.

Posted on Feb 23, 2012 READ MORE  |  18 COMMENTS



New Obama Campaign Co-Chair: ‘The President Is Wrong’

“The president is wrong.” So says one of the newly appointed co-chairs of President Barack Obama’s re-election campaign.

Posted on Feb 23, 2012 READ MORE  |  17 COMMENTS



AP / Paul Sancya

How the FCC Can Take the Money Out of Politics

Politics has become a game of the super rich, but the money they donate is significant only because of the way it is spent: on TV and radio advertising.

Posted on Feb 22, 2012 READ MORE  |  31 COMMENTS



Gage Skidmore (CC-BY-SA)

Ideological Hypocrites

Conservatives in power have never been—and can never be—as anti-government as they are in a campaign.

Posted on Feb 19, 2012 READ MORE  |  22 COMMENTS



AP / Kostas Tsironis

Greek Unrest the Result of Suppressed Democracy

Denied a referendum on crippling austerity measures, Greeks demonstrated Sunday night that if they couldn’t express their opinions one way, then they would do it in another.

Posted on Feb 15, 2012 READ MORE  |  15 COMMENTS



AP / Mark J. Terrill

Waiting on the Wealth Hoarders

You are not a patriot if you prize profits over people. You are a hoarder of wealth.

Posted on Feb 15, 2012 READ MORE  |  18 COMMENTS


Romney’s Overriding Ambition

Criticism of Mitt Romney for lacking a coherent message is grossly unfair. He has been forthright, consistent and even eloquent in pressing home his campaign’s central theme: Mitt Romney desperately wants to be president.

Posted on Feb 10, 2012 READ MORE  |  18 COMMENTS


Embracing ‘Enough’

Of all the no-no’s in contemporary America—and there are many—none has proven more taboo than the ancient doctrine of dayenu.

Posted on Feb 10, 2012 READ MORE  |  23 COMMENTS



AP / Haraz N. Ghanbari

Elections Are for Suckers

Bribes from billionaires? Let’s just dip our fingers in purple ink and pose for photos.

Posted on Feb 9, 2012 READ MORE  |  139 COMMENTS



EPA

‘Lorax’ Banks on Green Marketing

Animated movies make a bundle on commercial tie-ins, but “The Lorax” presented something of a challenge for Universal. After all, you can’t have plastic replicas of Dr. Seuss’ champion of the environment piling up in a landfill somewhere. The studio found a way to cash in by greenwashing its licensing with help from the EPA and Whole Foods.

Posted on Feb 8, 2012 READ MORE


Romney’s Indifference to the Poor

I wish Mitt Romney’s cavalier dismissal of poverty in America could be chalked up as just another gaffe, but it’s much worse than that.

Posted on Feb 2, 2012 READ MORE  |  33 COMMENTS


How Romney Won, and Lost

Romney’s decisive victory in Florida came at a price. He aggravated Newt Gingrich’s hostility to him, with all the trouble that could entail, and left behind a dispirited Republican electorate in a state the GOP needs to win this fall.

Posted on Feb 1, 2012 READ MORE  |  1 COMMENT



Chevrolet

How the Stimulus Revived the Electric Car

Until the economic stimulus package was passed in 2009, the manufacture of electric cars and their batteries in the United States was nearly nonexistent.

Posted on Jan 31, 2012 READ MORE  |  10 COMMENTS



KAM Workshops (CC-BY-SA)

The Economic Normalcy Bias

Many who are faced with imminent disaster instantly convince themselves that everything is normal and that they don’t have to modify their behavior.

Posted on Jan 26, 2012 READ MORE  |  40 COMMENTS


An Argument Obama Can Win

If you heard a loud “gulp” Tuesday night after President Obama’s State of the Union address, it probably came from Republican political strategists as they realized their party’s odds of capturing the White House this fall are getting longer.

Posted on Jan 26, 2012 READ MORE  |  56 COMMENTS



AP / Saul Loeb

Obama’s Faux Populism Sounds Like Bill Clinton

I get angry because betrayal by the “good guys” for whom I have ended up voting has become the norm.

Posted on Jan 26, 2012 READ MORE  |  143 COMMENTS



YouTube

Mitch Daniels: Bombast From the Past

Why the Republicans chose Mitch Daniels to deliver a rebuttal to President Obama’s State of the Union address is puzzling. Isn’t he the former Bush budget director who said the Iraq War would cost $50 billion when it ended up costing $3 trillion?

Posted on Jan 26, 2012 READ MORE  |  17 COMMENTS


Chris Hedges and Lawrence Lessig: Getting Money Out of Politics

One invented Creative Commons, the other occupied the commons. Together, they talk about strategies for ridding our democracy of corrosive corporate dollars.

Posted on Jan 25, 2012 READ MORE  |  16 COMMENTS



Mr. Fish

Thank You for Standing Up

We can vote for Romney or Obama, but Goldman Sachs and ExxonMobil and Bank of America and the defense contractors always win. However, the iron grip of corporations over our lives will, eventually, be broken.

Posted on Jan 23, 2012 READ MORE  |  122 COMMENTS


Gazillions

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Posted on Jan 23, 2012 READ MORE



Gage Skidmore (CC-BY-SA)

So Much for a Populist GOP

In the end, the corporate and economically conservative wing of the Republican Party always seems to win.

Posted on Jan 18, 2012 READ MORE  |  13 COMMENTS



Screen capture of Google.com

The Day the Internet Roared

Wednesday, Jan. 18, marked the largest online protest in the history of the Internet. Websites from large to small “went dark” in protest of proposed legislation before the U.S. House and Senate that could profoundly change the Internet.

Posted on Jan 18, 2012 READ MORE  |  4 COMMENTS



Flickr / SimonAlparaz (CC-BY)

Recovery Drags as Americans Dip Into Savings

For obvious reasons, Americans’ savings accounts are shrinking during this ongoing recession, both because there’s not as much money to deposit and many more reasons to make withdrawals. This has consequences for the economy’s long-term recovery prospects, as does another currently popular method of payment: the credit card.

Posted on Jan 17, 2012 READ MORE  |  3 COMMENTS


A Fair Share of Scrutiny

From all evidence, the issue of economic justice isn’t going away. Break the news gently to Mitt Romney, who seems apoplectic that the whole “rich get richer, poor get poorer” thing is being discussed out loud. In front of the children, for goodness’ sake.

Posted on Jan 17, 2012 READ MORE  |  31 COMMENTS


What Kind of Capitalist Was Romney?

Thanks to Mitt Romney and such well-known socialist intellectuals as Rick Perry and Newt Gingrich, the United States is about to have the big debate on the nature of modern capitalism that should have started back in 2008.

Posted on Jan 12, 2012 READ MORE  |  7 COMMENTS


Taibbi and Olbermann Talk Money and Politics

In this clip from Thursday’s “Countdown with Keith Olbermann,” Rolling Stone’s provocateur du jour, Matt Taibbi, weighs in on a decision by the Montana Supreme Court that could deal a substantial blow to the notorious Citizens United SCOTUS ruling of 2010, which represents at least one issue around which some conservatives and progressives can rally for change.

Posted on Jan 6, 2012 READ MORE  |  2 COMMENTS


Overdose

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Posted on Jan 5, 2012 READ MORE



AP photos by Chis Carlson and Charlie Riedel

Two Jerks

Of the two top finishers in the Iowa Republican caucuses, it’s hard to tell who is worse: Mitt Romney, the eight-vote winner, or Rick Santorum.

Posted on Jan 5, 2012 READ MORE  |  42 COMMENTS



Gage Skidmore (CC-BY-SA)

Republicans Divided, Citizens United

The Republican caucuses in Iowa, with their cliffhanger ending, confirmed two key political points and left a third virtually ignored.

Posted on Jan 4, 2012 READ MORE  |  13 COMMENTS



Doug Wilson

30 Companies Paid Lobbyists More Than the IRS

An analysis by Public Campaign reveals that between 2008 and 2010, 30 of America’s most profitable companies, including Verizon, Wells Fargo, FedEx, GE and Mattel, spent more money buying influence in Washington than they did paying taxes. (Full list after the jump.)

Posted on Dec 18, 2011 READ MORE  |  11 COMMENTS



AP / Rich Pedroncelli

Bernie Sanders Explains Why Congress Fears Citizens United

Senator Bernie Sanders has a much more sophisticated take on political corruption than the conventional view of campaign reformers.

Posted on Dec 16, 2011 READ MORE  |  46 COMMENTS



AP / Pablo Martinez Monsivais

There Goes the Republic

What’s alarming is the ease with which an otherwise deadlocked Congress that can’t manage minimal funding for job creation passes a bill that threatens the foundations of our republican form of government.

Posted on Dec 15, 2011 READ MORE  |  206 COMMENTS



Jeffrey Beall (CC-BY-SA)

NFL Charges Broadcasters $20 for Every American

After negotiating various new agreements, Fox, CBS, NBC, ESPN and DirecTV will altogether pay close to $6 billion a year to broadcast NFL games to a football-addicted America.

Posted on Dec 14, 2011 READ MORE  |  5 COMMENTS



Pat Arnow (CC-BY-SA)

Will Popular Reformer Cuomo’s Plan Tax the 1 Percent?

Held aloft by the highest approval ratings of any governor in America, Andrew Cuomo now plans a sweeping tax reform that is expected to demand more, not less, from New York’s wealthiest.

Posted on Dec 8, 2011 READ MORE  |  10 COMMENTS



White House / Pete Souza

Obama’s New Square Deal

President Obama has decided that he is more likely to win if the election is about big things rather than small ones.

Posted on Dec 7, 2011 READ MORE  |  94 COMMENTS



Dennis Skley (CC-BY-ND)

Fiction, Fantasy and the Euro

The extent to which the economic policy of nations is made on the basis of misinformation or wishful thinking is not generally recognized.

Posted on Dec 6, 2011 READ MORE  |  9 COMMENTS



David Wiley (CC-BY)

Celebrating the End of Kids’ Wall Street Dreams

Amid fears of high youth unemployment creating a “lost generation,” there is suddenly a bright spot: Apparently, fewer young people are going to work in the industry that destroyed our economy.

Posted on Dec 1, 2011 READ MORE  |  18 COMMENTS



World Economic Forum / Michael Wuertenberg (CC-BY-SA)

The Sayings of Chairman Barney

"I’m used to being in the minority," he said. "I’m a left-handed gay Jew."

Posted on Dec 1, 2011 READ MORE  |  8 COMMENTS



AP / Dan Steinberg

You Can Arrest an Idea

Count the liberal mayor of Los Angeles as one of those apologists for suppressing truth in the name of civic order.

Posted on Dec 1, 2011 READ MORE  |  201 COMMENTS


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