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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...

"Sacrificing Left and Right"

I missed president Obama's press conference. (Probably because it took place during the 2.5 hours of family time we have — including dinner — before the kids go to bed, and because afterwards I was either too busy catching up on reading and/or writing, or too tired to...

Down But Not Out at $464 Million a Year

Not everyone in the international hedge fund industry is making millions. Not everyone in the hedge fund industry right now even has a job. Amid the worst global economic meltdown since the Great Depression, hedge funds are hemorrhaging positions. An estimated 20,000...

A Dead-End "Road to Recovery"

I don't know whether to praise the Republicans or pity them. On one hand, they've been given chance after chance to "bring it," in term of ideas to address the crises we face — an act of astounding generosity, if you ask me, extended to a party that...

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...

Economic Terrorism

Corporate opponents of workers' freedom to form unions repeatedly have shown they are not interested in the welfare of their employees or any of the pseudo-lofty ideals they cite while fighting the Employee Free Choice Act. Now, they've made clear they will do...

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