Tag Archive | "Barack Obama"

Free Trade Smoke Screen

   Today is a day to celebrate–no kidding. The so-called "free trade" deal with South Korea is dead in the water–at least for now. There are a whole host of reasons these deals stink from top to bottom. But, little attention is ever given to this reason: the phony promises made about enforcing labor and […]

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Melissa Bean, Corporate Voice, Instead of Elizabeth Warren? No Way.

War is peace. Lies are truth. And, now, Melissa Bean is like Elizabeth Warren. That is the instant thought I had when reading about the rumors that the White House might consider appointing Melissa Bean to head the Consumer Financial Protection Bureau if she ends up on the short end of the vote count in […]

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The Capitulation Begins

   The first act of surrender will be the opening up of the Treasury to the rich: President Barack Obama is open to considering the extension of all Bush-era tax cuts for a year or two, the White House confirmed Thursday, putting to a likely end any debate over whether to extend the breaks for […]

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Kiss The Jobs and Wages Goodbye: Hello “Free Trade” Again

Yesterday, I wrote about the disastrous state of labor in the wake of the elections. Suffering from either a lack of sleep or simple brain lock, I neglected to include one of the most dangerous coming debacles: we have lost much of the ground built opposing so-called "free trade" agreements, which have played a central […]

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The Republican Economic Propaganda Fraud Will Give Us A Lost Decade

   A lot of the voices on our side repeat the absolute truth: the Republican Party is simply not telling the truth about the seeds of the economic disaster we are dealing with and that it is in fact the government–our government–that prevented things from getting a lot worse AND we would be in much […]

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The Madness of U.S. Arms Sales: Good Business, Bad For Planet

The madness in the world can best be boiled down to this: at the same time that we are told there is not enough money to create jobs or pay for real health care, our government is fueling an even more aggressive weapons spree around the world–and that spree, while it will mean robust new […]

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Obama’s Arizona Action

   Okay, something to like on a 102-degree day: The Obama administration on Tuesday sued Arizona over the state’s strict new immigration law, attempting to wrestle back control over the issue but infuriating Republicans who said the border required more security. The administration argued the Arizona law, which requires state and local police to investigate […]

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War or Teachers: The Choice Before Us

 My refrain, whenever I hear about the "deficits", is very simple: we have plenty of money. We are the richest nation in human history. The problem is our priorities. And this week it boils down to this: do we want war or do we want teachers who will make our kids ready for the future? […]

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Teaching Kids Held Hostage To Killing People

   In the dysfunctional world of politics, games are played that no normal person would think makes sense. Right now, one of those games is being played out in astonishing fashion: Congress is being told that if it wants money for teachers, Haiti reconstruction and other good social needs, it has to vote for billions […]

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The Financial Mandarins Chalk Up Another Win

   This past Friday, I wrote that the financial powers were winning the debate on Capitol Hill. Today, another victory for those powers: The Senate on Tuesday voted unanimously to require a one-time audit of the Federal Reserve’s emergency actions during and after the 2008 financial crisis as part of broad legislation overhauling the nation’s […]

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