Thom's Blog

The Crash of 2016 Gets Closer Every Day

The denial of fundamental economic principles is setting the world up for another Great Crash. Although wages have been flat or declining since the West started following Thatchernomics and Reaganomics in the late '70s and early 1980s, the stock market

The Most Important Political Issue of Our Time...

California lawmakers want to get money out of politics. Last week, state legislators approved a measure calling for a Constitutional Convention to overturn Citizens United. State Senator Mark DeSaulnier said, “Voters are clearly fed up, and polling shows this, with the notion that money is speech and big money can drown out the speech of average Americans.”

Lyndon Johnson on Civil Rights - Where Are We Now?

Fifty years ago today, President Lyndon Johnson went before the American people to announce the signing of one of the most important pieces of legislation in our history: the Civil Rights Act of 1964. That act banned discrimination on the basis of race, sex, or

The Giant Methane Monster Lurking...

There’s something lurking deep under the frozen Arctic Ocean, and if it gets released, it could spell disaster for our planet. That something is methane. Methane is one of the strongest of the natural greenhouse gases, about 80 times Read more

The Supreme Court Thinks That Corporations Are People but Women Aren’t

As far as the Supreme Court is concerned, we’re still in the 19th century when it comes to women’s rights. In a 5 to 4 decision, the Supreme Court today ruled that for-profit corporations like Hobby Lobby can discriminate against their female employees by denyin

It's time for a carbon tax!

It's no longer a surprise when Republicans try to block our president from taking any action on climate change. However, it's quite a shock when a former Bush Administration official comes out in favor of a plan even stronger than the president's. Recently, former Treasury Secretary Hank Paulson wrote an op-ed in the New York Times calling for a tax on carbon.

The Boehner Lawsuit: The Caucus Room Conspiracy Continues

If you can’t impeach, go after “executive overreach.” So, is this "Impeachment V2.0?

Hate Summer? Just Wait Until Global Warming Really Kicks In

If you think summer is unbearable now, just wait until the end of the century. According to “Risky Business,” a report released on Tuesday by a bipartisan group of scientists and officials that included former Treasury secretary Hank Paulson and former New Yor

Could John McCain be Responsible for the Next 9/11?

History is repeating itself in the worst possible way, and if we don’t learn our lessons, we could have another 9/11 on our hands a lot sooner than you might think.

GOP...the pro-death party

Republicans say they’re pro-life, but in reality, they’re pro-death. Earlier this month, while no one was watching, Republicans in the House voted to extend a bunch of corporate tax breaks and subsidies, adding up to nearly $75 billion in tax breaks over the nex

Republicans want to hold our economy hostage again!

The last government shut down cost our nation billions, but Republicans are thinking about doing it all over again just to protect Big Oil and the Coal Lobby. This week, Senate Republicans held appropriations bills hostage in an attempt to cut off funding for the Environmental Protection Agency.

The Caucus Room conspiracy is alive and well!

The Caucus Room conspiracy is alive and well right here in the nation’s capital. Earlier this afternoon - House Republicans voted in Majority Whip Kevin McCarthy as their new Majority Leader. McCarthy was the favorite to succeed outgoing Majority Leader Eric Cantor - and easily beat out his only challenger - Idaho congr

Dick Cheney Should be Rotting in The Hague, Not Writing Editorials

If there’s one person who has absolutely zero business criticizing anyone for how they’re running the country, it’s Dick Cheney. This should be obvious to pretty everyone by now, but apparently the Wall Street Journal didn’t get the message.

The NRA’s “Look, But Don’t Touch” Approach Is a Real Killer

It’s time to save the children. Last week, a 3-year-old boy in Hopewell, Virginia accidentally shot his twin brother while playing on a playground, with a gun that had been left unattended in his home. The twin brother was taken to a local hospital for treatme

Healthcare: Let's Have People over Profits Once And For All

There are some things in this world that shouldn’t be turned into profit-making machines, and healthcare is definitely one of them. Believe it or not, there was a time in America when in almost every state health insurance companies and hospitals were required t

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Who Should an Economy Serve?

The top one percent own half of all the world's assets. In stark contrast, the bottom fifty percent of the world owns less than one percent. According to the 2014 Global Wealth Report from Credit Suisse, global inequality has surged since the 2008 financial collapse. The report explains that while global wealth has more than doubled since the year 2000, the vast majority of overall growth has gone to those who were already wealthy.

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