The U.S. Attorney last week confirmed Americans’ fears about Wall Street. The banks, Eric Holder said, were not just too big to fail, they were also too big to jail. That means bankers operate beyond the pale, outside the historical fence line encircling civil society. Past the pale is where barbarians resided, returning regularly to [...]
It may be the creepiest student competition in history. Foreclosure.Com’s essay contest may be trivial compared to what Wall Street’s doing to undermine our educational system and manipulate our thinking, but it reflects the same warped set of values.
People were outraged that AIG’s board of directors considered suing its own rescuers last week. As a former AIG employee, I had a slightly different take on that story: The outrage was warranted (and Warren-ted), but there was somebody behind the scenes pulling the strings. And there was a kernel of truth to their complaint. [...]
You’ve probably heard that Hostess is closing down and putting more than 18,000 people out of work because greedy unions asked for too much. It’s a lie. Ask yourself this: are the problems in our economy because working people get too much, or too little? And if this company can get away with driving down [...]
Ohio Senator Sherrod Brown won reelection by “waging class warfare” using middle-class populism. Here is how.
Did Koch Industries write the budget deal? Or is it just a coincidence that so many of the the things Republicans demanded — and got — just happen to line up with the financial interests of the billionaires who fund the Tea Party and much of the “conservative movement?” Cutting money for the EPA, alternative [...]
It is possible that there is going to be a “deficit commission” to look for ways to reduce our country’s budget deficits. I have some questions for them to ask to help get things started in the right direction: 1) President Reagan increased Social Security taxes, but used that money to cut the very top [...]
I just finished a new novel, 2044. 2044 starts where George Orwell’s 1984 left off. The problem isn’t Big Brother and the leviathan government. The problem is Big Brother Inc., and the all-powerful marketplace. Orwell was right for his time, of course. Europe lay in smoking ruins, and the statist Stalin peered over the wall [...]
Every Friday in our Weekend Watchdog feature, we post suggested questions for scheduled Sunday guests. You can add your own questions in the comment thread. We’ll also include contact information for the shows, so we can let them know what their viewers want asked. And on Sunday at 4 PM ET, tune in to Air [...]
It was another 0-for-3 week on the Sunday shows, as the hosts failed to ask any of the Watchdog’s questions about the war in Iraq and President Bush’s greenwashing at the G-8 summit. Here’s what we wanted to know: • For Sen. John McCain, R-Ariz. (ABC’s This Week): At this past week’s presidential debate, a woman [...]