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Toxic Flaws In The Toxic Asset Plan

There are at least three serious flaws in the financial rescue plan that the Treasury Department has put forward for the banking system that financial expert and Institute for America's Future board member Rob Johnson lays out in an interview with Jane Hamsher of...

Avoiding Quagmire In Afghanistan

The essence of President Obama's analysis of the right-wing "war on terror" is dead-on: The Bush administration's reframing the phenomenon of rogue extremists as a presumptively defined group of "terrorists" who can be defeated in a "war" led us down a path in which...

How To Withstand Deficit Sticker-Shock

(Updated 3 p.m. with Congressional Budget office figures and House Republican leadership response.) This weekend's news will be dominated by a Congressional Budget Office report that the federal deficit—already projected to exceed $1 trillion just a few months ago—is...

The Working Poor Reality

As President Bush and conservative leaders were still touting the "soundness" of the economy in 2007, trends among the working poor were already beginning to tell a different story. After two years of declines in the number of people characterized as "poor" despite...

Ideology Pushes South Carolina Over The Cliff

Since 2003, South Carolina Gov. Mark Sanford has turned the state into a petri dish for what hard-core conservatism —slashed taxes, shrunken government, cut regulations—would look like. With a Republican-controlled legislature, he's had pretty much free rein to enact...

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