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Forty Years Later, Still Far From the Mountaintop

“You know, Jesus reminded us in a magnificent parable one day that a man went to hell because he didn't see the poor. … And I come by here to say that America, too, is going to hell, if we don't use her wealth. If America does not use her vast resources of wealth to...

So You'll Be Giving Back Those Oil Subsidies Then?

At yesterday's House Energy Independence and Global Warming committee hearing, oil executives railed against proposals to invest in renewable energy. In particular, ExxonMobil executive J. Stephen Simon said, "government mandates and subsidies distort market forces...

Two Kinds of Americans: Us Versus Them (Part I)

The old joke goes that there are two kinds of people in the world: those who think there are two kinds of people in the world, and those who don't. Funny thing is: it's not a joke. In fact, it turns out that this one oddly recursive fact can tell us a whole lot about...

Privatizing Our Security, Wasting Our Money

In the final debate of the 2000 presidential campaign, Vice-President Al Gore argued he would spend more on defense than his opponent. Then-Gov. George Bush retorted, "If this were a spending contest, I would come in second." A fair point. When it comes to public...

Those GOP Scandals Just Keep Coming

"I will restore honor and integrity to the White House." - George W. Bush It's low-hanging fruit, I know, but after reading yesterday's news, I had to chuckle to myself. Not necessarily at the misfortunes of the people involved, but at the context. Three...

A Bailout for America?

Bear Stearns has been rescued, and its shareholders have been placated. Wall Street has several invigorating injections of billions of tax-payer dollars. Now that a great deal of public wealth has gone to prop up private wealth, maybe some of that public wealth can be...

Weekend Watchdog Wrap-Up

The Sunday shows disappoint once again, going 0-for-3 for the Watchdog. On Fox News Sunday, Sen. Lindsey Graham was not asked about how the increase in Iraqi sectarian violence squares with his claim last week that Iraq has "turned the corner." Graham was asked about...

Weekend Watchdog

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....

10 days That Changed Capitalism

By Rob Johnson and Robert Borosage The world has changed.  The market fundamentalism that has dominated our economics over last three decades has been unmasked as a sham, deemed useless by the guardian of the integrity of finance itself, the Federal...

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