In a few weeks – the Gang of 12 “Super Congress” will meet to figure out a way to cut $1.2 trillion out of the deficit. So to figure out who’s going to win and who’s going to lose in a potential deal – we should follow the money – and in that case it appears Wall Street will once again make out like bandits. Banksters have given more than $11 million in campaign contributions to members of the Gang of 12 – so we might as w
Who did House Oversight Committee Chairman – and richest man in Congress Darrell Issa - hire to spearhead his efforts to block government regulations on big banks like Goldman Sachs? None other than the Vice President of Goldman Sachs! In one of the most egregious cases of the revolving door on Capitol Hill – the former Vice President of Goldman Sachs – Peter Simonyi – left his job as a bankster – then changed his name to
Big tobacco is suing the FDA. Under new FDA regulations – by September of next year all cigarette packs must display graphic images showing the consequences of smoking. But now – the tobacco companies are pushing back – using the Mitt Romney argument that they’re people – and that these new regulations violate their First Amendment rights.
Rick Perry is wasting no time resorting to violent rhetoric in his campaign for President. While speaking to a crowd in Iowa – Perry weighed in on the Federal Reserve – and Chairman Ben Bernanke’s monetary policy saying, “If this guy prints more money between now and the election, I dunno what y’all would do to him in Iowa but we would treat him pretty ugly down in Texas.” Perry went on to say, “Printing more money t
The billionaire – and one of the richest men on the planet – had some advice for lawmakers when it comes to taxes. In an article in today’s New York Times – Buffett argued for his own taxes to be raised – as well as others just like him. “While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet,” Buffett wrote, “we mega-rich continue to get our extraordinary tax break
Why not one question about the Republican plans to voucherize Medicare & turn Social Security over to Wall Street?
There was a Republican rumble in Iowa last night – as Fox so-called News hosted eight Republican candidates for their very own debate which featured not even one single question about the Republican plans to voucherize Medicare, turn Social Security over to Wall Street, and end all support to college students. The debate was filled with heated exchanges mostly about fluff – a fight between Michele Bachmann and Tim Pawlenty – and
A loss of faith. According to a new Washington Post poll – 79% of Americans are dissatisfied with the United States government. And only one out of four people ACTUALLY think our government can solve the nation’s economic problems. It appears the 30-year effort by Republicans of dragging the good name of government through the mud by running government poorly – is working.
The Wisconsin recall election was the first major test of the new era in American politics. That new era began in January of 2010 when the US Supreme Court ruled in “Citizens United v. FEC” that the political voice of We The People was no longer as important as the voices of billionaires and transnational corporations.
First the Arab Spring - now the European Summer? Violent riots continued for the third straight day across London and a number of other British cities – leaving buildings ablaze – cars torched and turned over – and storefronts vandalized and looted. The riots began in Tottenham after police shot a man to death – but it quickly became clear that the unrest was less about police brutality – and more about Conservative auster
Have you seen, anywhere, in any media, or even heard reported or repeated on NPR, the following sentence? “We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.”