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December 20, 2014
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Stewart

‘Daily Show’: Baron Von Moneypants

Treasury Secretary Henry Paulson’s proposed bailout carries a price tag of $700 billion, a staggering figure that CNN has helpfully translated into terms that every American can understand by consulting the McDonald’s (apple) pie chart.

Posted on Sep 24, 2008 READ MORE


In Defense of Elitism

When it comes to politics, there is a mad love of mediocrity in this country. “They think they’re better than you!” is the refrain that (highly competent and cynical) Republican strategists have set loose among the crowd, and the crowd has grown drunk on it once again. “Sarah Palin is an ordinary person!” Yes, all too ordinary.

Posted on Sep 23, 2008 READ MORE


Paulson
AP photo / J. Scott Applewhite

A Fox to Protect the Henhouse?

Does it really matter which party is in charge when it comes to bailing out the Wall Street hustlers whose shenanigans have bankrupted so many ordinary folks? Not if the Democrats roll over and cede power to the former head of Goldman Sachs, the investment bank at the center of our economic meltdown.

Posted on Sep 23, 2008 READ MORE



Scan of the "Obsession" mailer obtained by Truthdig

Who Is Behind the ‘Radical Islam’ DVD?

The blogosphere is alive with the sound of buzz—all about an inflammatory DVD on radical Islam being distributed to millions of households at the peak of election season. Critics are calling the DVD, “Obsession: Radical Islam’s War Against the West,” anti-Muslim hate, or politicking, or both. The obvious question: Who is behind it?

Posted on Sep 23, 2008 READ MORE


Ralph Nader

Nader Revives 8-Year-Old Talking Points

In his third consecutive presidential campaign, Ralph Nader still believes the similarities between the major-party candidates outweigh the differences, a sentiment captured in this Nader campaign Web ad.

Posted on Sep 23, 2008 READ MORE



White House / Joyce N. Boghosian

Fed Chief: Pass a Bailout or Else

How’s this for not mincing words? “I believe if the credit markets are not functioning, that jobs will be lost, that our credit rate will rise, more houses will be foreclosed upon, GDP will contract, that the economy will just not be able to recover in a normal, healthy way.” So sayeth Ben Bernanke on Tuesday, in a dire warning to Congress.

Posted on Sep 23, 2008 READ MORE



chryslerllc.com

Chrysler’s Electric Car Coming in 2010

With gas-guzzling brands such as Jeep and Dodge, Chrysler has had a particularly hard time selling its cars to weary consumers, but it turns out that the company has three forward-thinking models headed to a showroom near you.

Posted on Sep 23, 2008 READ MORE


Obama
AP photo / Madalyn Ruggiero

Obama Gets a Break on Race Issue

In Barack Obama’s presidential candidacy, the fact that he is African-American has seemed to be an obstacle that could be overcome with a good campaign, a few breaks and the issues turning his way. That’s what is happening now.

Posted on Sep 23, 2008 READ MORE



Collage: Flickr / transplanted mountaineer / buddhakiwi

Poll: Palin Helps Obama Pull Ahead in Colorado

Barack Obama is depending more and more on a Rocky Mountain victory and, according to a new poll, Sarah Palin may have just given him a boost there. It seems the Alaska governor’s growing unpopularity among independent voters has helped Obama to a seven-point lead in the Centennial State.

Posted on Sep 23, 2008 READ MORE


Poor Uncle Sam

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Posted on Sep 23, 2008 READ MORE


Brokers and Bankers First

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Posted on Sep 23, 2008 READ MORE


Cops and Bankers

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Posted on Sep 23, 2008 READ MORE    



composite: latimes.com and Flickr / Robert Scoble

McCain Campaign Guru: N.Y. Times Isn’t ‘a Journalistic Organization’

Steve Schmidt is widely credited with re-energizing the McCain campaign with his tough and often deceptive style, but his latest is a bit much, even for a Karl Rove protégé. During a conference call with reporters, Schmidt accused The New York Times of being “a pro-Obama advocacy organization that every day impugns the McCain campaign.”

Posted on Sep 22, 2008 READ MORE


Spike Lee
manolomen.com

Spielberg Negotiates Rare Peace Agreement Between Feuding Directors

It’s good to know that there are still people, in this time of great strife, who believe in the power of diplomatic negotiation over brute force ... even if the people in this particular case happen to be two Hollywood directors apparently possessed of egos the size of Sarah Palin’s home state.

Posted on Sep 22, 2008 READ MORE


Getting the Bailout Right

Unless something very strange happens, Congress will pass a massive bailout of the financial system by the end of this week simply because every other option is worse. But the content of the bailout package matters enormously.

Posted on Sep 22, 2008 READ MORE


Socialism for Dummies

So this is how the “ownership society” works. We own all the bad stuff.

Posted on Sep 22, 2008 READ MORE


So Much for the ‘Masters of the Universe’

Let’s be clear about why we’re facing a crisis that could pull down the global financial system. The irresponsibility of individuals who bought houses they couldn’t quite afford pales in comparison to the irresponsibility of the financial wizards who built on those shaky mortgages a towering edifice of irrational faith.

Posted on Sep 22, 2008 READ MORE


Horrors of War Our Leaders Never Have to Confront

I’m not sure of this, but I think—I suspect and feel—that the Great War, the war of 1914-1918, is beginning to dominate our lives even more than the terrible and infinitely more costly conflict of 1939-1945. The Second World War may haunt our lives. The First World War, it seems to me, imprisons us all.

Posted on Sep 22, 2008 READ MORE


Frank and reporters
AP photo / Charles Dharapak

Bailout Negotiations Inch Forward

It seems that some key officials involved in the negotiations with the Bush administration over the terms of Treasury Secretary Henry Paulson’s $700-billion bailout proposal for Wall Street aren’t about to make a deal unless it includes specific plans for congressional oversight and help for homeowners on the brink of foreclosure.

Posted on Sep 22, 2008 READ MORE


Follow the Money: New Group Runs Ads Promoting Drilling

A new advocacy organization with strong ties to the oil industry is funding pro-drilling radio ads, including one criticizing the energy votes of Rep. Mark Udall, a Colorado Democrat running for the U.S. Senate.

Posted on Sep 22, 2008 READ MORE



commons.wikimedia.org

Wall Street Has a Lousy Monday

While lawmakers debated exactly how to throw hundreds of billions of dollars at Wall Street, the Dow dropped 372 points on Monday. The price of oil, meanwhile, had a $25 surge that took many analysts by surprise.

Posted on Sep 22, 2008 READ MORE


Clinton on 'The View'

Bill Clinton: Hillary Would Have Been the Best VP Pick ‘Politically’

Former President Bill Clinton braved the deceptively comfy-looking couch on the set of “The View” to sit for a chat with Barbara Walters and her deceptively bubbly-seeming quartet of co-hosts, who are suddenly in the catbird seat in terms of landing the big political interviews after their headline-grabbing session with John McCain on Sept. 12.

Posted on Sep 22, 2008 READ MORE


Angela Merkel
Flickr / world economic forum

Germany Slams U.S. Over Financial Crisis

German Chancellor Angela Merkel is furious with the United States for roiling the world economy and expecting Europe to help clean up the mess. “We did what we were supposed to do. ... We adopted a decent EU regulation ... but when it came to it, the Americans said ‘that’s not for us.’ ”

Posted on Sep 22, 2008 READ MORE


Goodman

‘Democracy Now!’: Sen. Sanders, Scheer on the Bailout Boondoggle

On Monday morning, as the aftershocks from Wall Street’s worst week in decades continued to rock the national and global economy and the Bush administration scrambled to contain the fallout with a bailout plan that could cost American taxpayers over a trillion dollars, Sen. Bernie Sanders, Robert Scheer and Dean Baker joined “Democracy Now!” host Amy Goodman (above) to sort through the rubble and speculate about what might come next.

Posted on Sep 22, 2008 READ MORE



Flickr / buddhakiwi

Waiting for Sarah

Andrew Sullivan is miffed that John McCain’s No. 2 is still snubbing the media (and, by extension, the public): “It is now 24 days since she was announced as a potential president of the United States next January and she still hasn’t given a news conference or has any plans to hold one. This black-out of all serious press access has never happened in modern American political history before.”

Posted on Sep 22, 2008 READ MORE



AP photo / Susan Walsh

Fleecing What’s Left of the Treasury

The lobbyists and corporate lawyers, the heads of financial firms and the crooks who control Wall Street, all those who spent the last three decades assuring us that government was part of the problem and should get out of the way, are now busy looting the U.S. treasury.

Posted on Sep 21, 2008 READ MORE


Gratuitous Hegemony

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Posted on Sep 21, 2008 READ MORE    


Got Gas?

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Posted on Sep 21, 2008 READ MORE    



Flickr / jurvetson

Pelosi Balks at Bailout Scheme

Nancy Pelosi isn’t buying into the idea of a $700 billion gift basket for Wall Street without any strings attached. The House speaker is all for a bailout, so long as it’s clear that “the party is over for the Bush administration’s anything goes, failed economic policies.” Update 2

Posted on Sep 21, 2008 READ MORE



Flickr / scriptingnews

Sam Harris on Sarah Palin and ‘Mediocrity’

The trailblazing atheist and Truthdig contributor takes on Sarah Barracuda in the new Newsweek: “When it comes to politics, there is a mad love of mediocrity in this country. ‘They think they’re better than you!’ is the refrain that (highly competent and cynical) Republican strategists have set loose among the crowd, and the crowd has grown drunk on it once again.”

Posted on Sep 21, 2008 READ MORE


A Moment for Sarah, Then Back to John

I’m sorry to be the one to have to say this, Gov. Palin, but you are so earlier-this-month. It’s your partner, John McCain, who’s back in the news. And not in what you call your good way.

Posted on Sep 21, 2008 READ MORE


Palin’s Secret to Instant Knowledge

GOP vice presidential nominee Sarah Palin said today that she was “delighted” with her performance in a much-publicized ABC News interview with Charlie Gibson and gave credit to her “trusty Magic 8-Ball” for helping her come up with answers to “some darn tricky questions,” according to this satirical report.

Posted on Sep 21, 2008 READ MORE


Cadillac
Flickr / gmeurope

The McCains Have 12 More Cars Than the Obamas

Forget houses, John and Cindy McCain have 13 cars to Barack and Michelle Obama’s one. McCain would point out that most of the vehicles are in his wife’s name, but still, you can’t call the other guy an elitist when you sleep with one.

Posted on Sep 21, 2008 READ MORE


Klein

Naomi Klein: Palin = ‘Bush in Drag’

Here’s a sound bite for the ages: “The Shock Doctrine” author Naomi Klein was one of the panelists on the Sept. 19 episode of “Real Time With Bill Maher,” and when the conversation inevitably turned to Sarah Palin, Klein pronounced the GOP VP nominee to be “basically Bush in drag.”

Posted on Sep 21, 2008 READ MORE


Islamabad Marriott
AP photo / B.K. Bangash

Dozens Killed in Pakistan Hotel Bombing

At least 40 people were killed and scores more injured Saturday when a truck bomb detonated near the entrance of the Marriott Hotel in Islamabad, Pakistan—a destination for Westerners and other visitors to the Pakistani capital city—as heads of state dined at the prime minister’s house nearby.

Posted on Sep 20, 2008 READ MORE


Left, Right & Center

‘Left, Right & Center’: Wall Street on the Rocks

What to make of the bailouts and sellouts that dominated the past week’s financial headlines? Well, “Left, Right & Center” commentators Matt Miller, Robert Scheer and Tony Blankley (Arianna Huffington was away) have some ideas about what caused the nightmare on Wall Street and what the future holds.

Posted on Sep 19, 2008 READ MORE


Amy Goodman
wirednewyork.com

Charges Against Journalists Arrested at RNC Will Be Dropped

St. Paul officials have decided to drop charges against journalists, such as Democracy Now! host Amy Goodman, who were arrested during the recent Republican National Convention in the Minnesota capital. For her part, Goodman was pleased by the news but is calling for an investigation into the convention situation.

Posted on Sep 19, 2008 READ MORE


ENTER_ALT_TEXT
onechoicehealthcare.com

McCain’s Prescription: Set Up Health Care Like Banking Industry

Whoops! As New York Times columnist Paul Krugman pointed out Friday, presidential nominees Barack Obama and John McCain both have articles in the latest edition of Contingencies magazine about how they would reform America’s health care industry. In light of certain recent events in the banking world, McCain may want to reconsider his position.

Posted on Sep 19, 2008 READ MORE


Palin in Blaine, MN

Palin: Ahmadinejad Aiming for ‘Second Holocaust’

During a campaign stop in Blaine, Minn., on Friday, Republican vice presidential candidate Sarah Palin lamented that neither she nor Hillary Clinton would be able to attend next week’s anti-Iran rally in New York City and vowed that she and GOP presidential hopeful John McCain “will not waver in our commitment” to prevent Iranian President Mahmoud Ahmadinejad from obtaining nuclear weapons and potentially starting “a second Holocaust.”

Posted on Sep 19, 2008 READ MORE


pro-choice ad
npr.org/blogs/secretmoney/

Culture-War Ads Coming Your Way

This latest report from the “Secret Money Project,” an ongoing joint project by the Center for Investigative Reporting and National Public Radio, follows the money trail to the sources behind independently funded political advertisements on hot-button issues like abortion and religion that are cropping up as the Nov. 4 election approaches.

Posted on Sep 19, 2008 READ MORE


Gramm and McCain
momocrats.typepad.com

McCain Calls for End to Big Business Bailouts

And now, this latest dispatch from the U.S. Department of Unintentional Irony: Sen. John McCain spoke out against the Federal Reserve’s recent bids to give life support (read: gigantic amounts of money) to failing financial institutions. Isn’t he the same guy who has looked to Phil Gramm for economic advice?

Posted on Sep 19, 2008 READ MORE


Stewart and Blair

Blair Shows His Charmingly Imperialist Side

Tony Blair went to “The Daily Show” to talk about politics but found himself defending the Iraq war much more than he might have liked. The former politician, who still seems desperate to sell the nobility of invading and occupying Iraq, also managed to include some of the tired 9/11 rhetoric from Rudy Giuliani’s presidential campaign.

Posted on Sep 19, 2008 READ MORE


Paulson Congress
AP photo / Lauren Victoria Burke

Paulson Bailout Plan Could Reach $1 Trillion

If you thought the Iraq war was expensive, the Bush administration is also throwing an estimated $1-trillion bailout of major finance firms to prevent a meltdown of the U.S. economy. President Bush and Treasury Secretary Henry Paulson outlined such a “bold approach” Friday morning, yet detailed plans still remain forthcoming.

Posted on Sep 19, 2008 READ MORE


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


Obama ad

Obama Ads, McCain-Is-Economically-Clueless Edition

Turns out that having Phil Gramm on one’s economic advisory team may not be the best way to demonstrate one’s readiness to inherit the gigantic mess that the U.S. economy has become under the Bush administration’s not-so-close watch—or at least that’s what Obama’s camp is pointing out in this ad on the financial debacle.

Posted on Sep 19, 2008 READ MORE


Maliki Bush
whitehouse.gov

Immunity Issue Snags U.S.-Iraq Agreement

We tearfully regret to inform you that an agreement that would legally extend the U.S. imperial occupation of Iraq is at risk of falling apart, as Iraqi officials continue to make the audacious demand that U.S. soldiers and mercenaries be subject to Iraqi law for crimes committed outside the scope of military operations.

Posted on Sep 19, 2008 READ MORE


book cover

Does the Cold War Have Lessons for Today?

Carolyn Eisenberg takes a close look at Melvyn Leffler’s “For the Soul of Mankind” to ask whether our current troubles are rooted in a history that continues to haunt us.

Posted on Sep 19, 2008 READ MORE


He Put It On eBay

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Posted on Sep 19, 2008 READ MORE


De-Elitification

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Posted on Sep 19, 2008 READ MORE



thepage.time.com

Palin Backs Off War With Russia

Some flip-flops are more welcome than others. During Sarah Palin’s interview with Sean Hannity, which “The Daily Show” likened to an infomercial, the VP candidate said war with Russia would be “off the table.” That’s a different tune than the one she hummed for ABC’s Charlie Gibson.

Posted on Sep 19, 2008 READ MORE


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