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By Kevin Phillips
$17.13
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By Jack Gilbert
$35.00
$23
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AP/Michael S. Green
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By Robert Scheer — Where are Phil and Wendy Gramm hiding now that UBS, like Enron before it, has been nailed by the G-men?
Posted on Dec 21, 2012
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George Rex (CC BY-SA 2.0)
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The owner of the “icon of American capitalism” is being sold to an Atlanta-based derivatives company for $8.2 billion as Wall Street’s trademark practice of high-energy verbal trading gives way to the digital kind.
Posted on Dec 20, 2012
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Image from "Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures"
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By Thomas Hedges, Center for Study of Responsive Law —
Fedspeak, vague and convoluted answers to economic questions, was popularized by Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006. It allowed him to essentially say “no comment” without admitting that he was avoiding questions.
Posted on Dec 14, 2012
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AP/Michael Probst
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By Susan Zakin — Some people think the book business in on its last legs. But others think it isn’t a business at all.
Posted on Dec 7, 2012
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AP/Mark Lennihan
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By Robert Scheer — Reports in the business press tout a prime participant in the great banking hustle as a possible candidate to be the next Treasury secretary.
Posted on Dec 7, 2012
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By Ralph Nader —
Nassim Nicholas Taleb’s new tour de force book “Antifragile: Things That Gain From Disorder” is a frame-of-reference altering work that a Wall Street Journal reviewer confessed he would have to read “again and again”
Posted on Dec 6, 2012
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Associated Press
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By Bill Boyarsky — The recent Leveson Report on the British hacking scandal shows the danger of the media baron adding to his already vast American holdings.
Posted on Dec 5, 2012
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A look at the day’s political happenings, including President Obama’s response to the GOP’s latest “fiscal cliff” offer, Sarah Palin’s apology on Fox News and a “Simpsons” character explains the fiscal cliff.
Posted on Dec 4, 2012
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Monte Wolverton, Cagle Cartoons —
Posted on Dec 3, 2012
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White House / Pete Souza
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By Robert Reich — If “pragmatic deal maker,” as The Wall Street Journal describes Geithner, means someone who believes any deal with Republicans is better than no deal, and deficit reduction is more important than job creation, we could be in for a difficult December.
Posted on Nov 27, 2012
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401(K) 2012 (CC-BY-SA)
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By Eugene Robinson — We’re seeing the first signs in years that on the question of taxation—one of the fundamental responsibilities of government—the GOP may be starting to recover its senses.
Posted on Nov 26, 2012
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Flickr/Fortune Live Media
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A group of corporate CEOs that contributed to the burgeoning deficit crisis want the poor and elderly to largely pay for the mess the greedy Wall Street fat cats helped create.
Posted on Nov 26, 2012
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A look at the day’s political happenings, including a Democratic congressman’s resignation and why Joe Scarborough is apologizing to Nate Silver.
Posted on Nov 21, 2012
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david_shankbone (CC BY 2.0)
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There seems to be little reason to believe that Barack Obama listens to any of the advice his left-wing critics offer him, but Michael Moore’s suggested list of priorities for the president’s second term might be useful in measuring Obama’s performance in the months and years to come.
Posted on Nov 20, 2012
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AP/Sandy Huffaker
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By Robert Scheer — The big news from the last election is that California, home to 12 percent of Americans and the world’s eighth-largest economy, is a model of rational political thought.
Posted on Nov 16, 2012
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By Amy Goodman — Amaia Engana didn’t wait to be evicted from her home. On Nov. 9, in the town of Barakaldo, a suburb of Bilbao in Spain’s Basque Country, officials from the local judiciary were on their way to serve her eviction papers. Amaia stood on a chair and threw herself out of her fifth-floor apartment window, dying instantly on impact on the sidewalk below.
Posted on Nov 15, 2012
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AP/Matt Rourke
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By Robert Scheer — Election night was a heck of a party, but morning in America already feels too much like a hangover.
Posted on Nov 9, 2012
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By Robert Reich — It’s not too early to draw some lessons. Regardless of what happens Tuesday, Democrats should have three big takeaways from the 2012 election.
Posted on Nov 5, 2012
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AP/Jack Dempsey
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By Robert Scheer — I have been a harsh critic of the president, but a vote for Barack Obama in a swing state is a no-brainer.
Posted on Nov 5, 2012
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Illustration by Mr. Fish
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By Chris Hedges — I learned at the age of 10, when I was shipped off to a New England boarding school where the hazing of younger boys was the principal form of recreation, that those who hunger for power are psychopathic bastards.
Posted on Nov 5, 2012
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AP/Evan Vucci
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By Bill Blum — The idealistic left might be willing to gamble away the judiciary, but the right never will.
Posted on Oct 31, 2012
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Illustration by Mr. Fish
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By Chris Hedges — The November election is not a battle between Republicans and Democrats. It is not a battle between Barack Obama and Mitt Romney. It is a battle between the corporate state and us.
Posted on Oct 29, 2012
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By E.J. Dionne, Jr. — Everywhere you turn, President Obama is accused of not offering a clear second-term agenda. It’s not surprising that Republicans say it, but you also hear it from quarters sympathetic to the president. But how true is the charge?
Posted on Oct 21, 2012
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AP/J. Scott Applewhite
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By Robert Scheer — Mark the name of R. Glenn Hubbard, the man who will make your life miserable if Mitt Romney is elected president.
Posted on Oct 18, 2012
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By Robert Reich — President Obama should propose that the nation’s biggest banks be broken up and their size capped, and that the Glass-Steagall Act be resurrected.
Posted on Oct 18, 2012
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AP/Susan Walsh
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The famed whistle-blower has been a sharp critic of the president, but he says a Romney/Ryan administration would be “catastrophically worse.”
Posted on Oct 18, 2012
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Photo by Devin Smith (CC-BY)
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By Peter Z. Scheer — There is no single issue more frustrating to the cause of progress than the relative struggle the left has organizing voters and getting them to the polls.
Posted on Oct 16, 2012
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AP/Carolyn Kaster
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By Robert Scheer — Barack Obama must have done something right, or the hucksters at Goldman Sachs wouldn’t hate him so.
Posted on Oct 11, 2012
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YouTube/BarackObamadotcom
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Hint: If you read between the lines of the Obama team’s latest hit on Mitt Romney, you’ll find it’s less than one, and greater than any negative number.
Posted on Oct 11, 2012
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Photo by Paul Weiskel (rights reserved)
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By Thomas Hedges, Center for Study of Responsive Law —
Occupiers say the movement is about building connections, creating alternative media sources and learning to cope without government.
Posted on Oct 10, 2012
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Paul Zanetti, Cagle Cartoons, Australia —
Posted on Oct 7, 2012
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AP/Charlie Neibergall
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By Robert Scheer — The presidential debate this week was much ado about nothing, and Mitt Romney beat Barack Obama because he was more energetic in distorting the significance of their miniscule differences.
Posted on Oct 5, 2012
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By E.J. Dionne, Jr. — The strangest aspect of Wednesday night’s debate was Mitt Romney’s decision to change his tax policies on the fly.
Posted on Oct 4, 2012
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This week on Truthdig Radio in association with KPFK: Dr. Martin Makary blows the whistle on hospital horror stories, Paul Ryan’s “secret” tape, women hand it to Obama and Nato Green says the left will never be happy.
Posted on Sep 30, 2012
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Photo illustration from an image by Colin Grey (CC-BY)
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This week on Truthdig Radio in association with KPFK: Dr. Martin Makary blows the whistle on hospital horror stories, Paul Ryan’s “secret” tape, women hand it to Obama and Nato Green says the left will never be happy.
Posted on Sep 30, 2012
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By David Sirota — Ask corporate executives what they really want in a legislator, and they probably won’t use words like “principled” or “well-informed.”
Posted on Sep 27, 2012
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Illustration by Mr. Fish
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By Chris Hedges — We can take it from nurse Romney or we can take it from nurse Obama, but one way or another the corporate hemlock will be shoved down our throats.
Posted on Sep 24, 2012
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AP/John Raoux
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By Scott Tucker — Democratic and Republican politicians keep each other in business.
Posted on Sep 16, 2012
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White House/Pete Souza
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By Amy Goodman — Unions are under attack in the United States—not only from people like Gov. Scott Walker of Wisconsin, but now, with the teachers strike in Chicago, from the very core of President Barack Obama’s inner circle, his former chief of staff and current mayor of that city, Rahm Emanuel.
Posted on Sep 12, 2012
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david_shankbone (CC BY 2.0)
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The first anniversary of Occupy Wall Street promises to be a day of celebration, general protest and direct action one year after the cry for representation for the 99 percent first rang out in the streets of New York City’s financial district.
Posted on Sep 11, 2012
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By Jesse Eisinger, ProPublica —
Most accounts of Bain Capital characterize the firm as full of hardworking young men who sought to find troubled companies, invest in them and turn them around. But as some disputes illuminate, the reality of Bain’s business in the early years is more complicated.
Posted on Sep 10, 2012
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AP/Charles Dharapak
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By Robert Scheer — Bill Clinton bears as much responsibility as any politician for the worst economic crisis since the Great Depression, and the wild applause for his disingenuous speech at the Democratic National Convention last week is a sure sign of the poverty of what passes for progressive politics.
Posted on Sep 10, 2012
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Photo by TaxFix.co.uk (CC-BY)
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By William Pfaff — Most of the damage to the European economy was done by innocent submission of credulous policymakers to the conventional wisdom of the international marketplace.
Posted on Sep 4, 2012
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(CC-BY-SA)
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Questions about Republican presidential nominee Mitt Romney’s record at Bain Capital are not likely to go away any time soon, especially now that it’s been revealed that Bain is among a number of major private equity firms under investigation by the New York state attorney general’s office for tax-related reasons.
Posted on Sep 3, 2012
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Ronald Reagan Presidential Library, National Archives and Records Administration
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By Richard Reeves — As he became president in 1981, Ronald Reagan called in a 34-year-old congressman from Michigan named David Stockman, considered by many to be the most articulate and intellectually imposing Republican of the moment.
Posted on Aug 26, 2012
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