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Further
On The Road to Recovery. Oh, Except For That Elephant-In-The-Room-Sized "Only If"
In a masterful turn at the ever-evolving art of spin, Federal Reserve Chairman Ben Bernanke told Congress Tuesday there is "a reasonable prospect" the recession will end this year and 2010 "will be a year of recovery" – if, that is, the Administration, Congress and Federal Reserve can get financial...
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Gramps Would See Idiots and Greed, Greed, Greed
We love the no-nonsense interview with the white-haired granddaughter of the guy who founded Bank of America – as Bank of Italy because existing banks wouldn't lend to immigrants – who asks the pertinent question of current goings-on, "What kind of idiots are running that bank?" Virginia Hammerness...
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Useless Marvels: Cutting the Military Budget
Progressive Democrats of America and other grassroots groups are urging people to contact their legislators to express support for a proposal by Rep. Barney Frank to cut wasteful military spending by 25 per cent in order to meet domestic needs like health care, green energy and education. Frank...
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Rage and Shame: Park of the Grateful
It is hard to read about the lives of Iraq's war widows – begging for food or blankets, sifting through garbage, forced into "temporary marriages" or prostitution, living with their children in gas station bathrooms – and not feel at least partly responsible. There is no mercy here: Of an estimated...
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President Obama: It's Time to Nationalize Insolvent Banks
February 20, 2009 Dear CommonDreamer, When Congress passed the George W. Bush $700 billion bank bailout plan, the goal was to rescue our banking system by propping up the banks that deregulation had allowed to become 'too big to fail.' We now know that the bailed out banks didn't use our money to...
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Deja Vu All Over Again: Anybody Listening?
The news that NATO members are essentially ignoring misguided American calls for more military support in Afghanistan is entirely logical. Hopefully, it will also prove instructive to an Obama administration that seems determined to escalate the war there despite widespread skepticism at home and...
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One More Red Flag: Bribes, Kickbacks, Profiteering, aka Reconstruction
In Afghanistan, mismanagement, incompetence and corruption have claimed up to a third of the $15 billion already spent on so-called reconstruction, international aid workers say. Along with wasting an obscene amount of money, the flawed rebuilding efforts have also deepened Afghan resentment toward...
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NY Post's Racist Cartoon
Published today by the New York Post which is owned by Rupert Murdoch, owner of Fox News Channel. NY Post cartoon seems to link Obama to dead chimp By KAREN MATTHEWS NEW YORK (AP) - The New York Post is standing behind a cartoon that some have interpreted as comparing President Barack Obama to a...
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Uh, Sorry, Could You Make That Another Five Billion? Or Sixteen, Maybe?
General Motors told the Federal government Tuesday it may need over $16 billion more to stay afloat, bringing its total federal loans to $30 billion. Even then, it will have to cut 47,000 jobs and close five plants. The same day, Chrysler said it needs $5 billion more, bringing its total bailout to...
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While There's Still Time
Robert Greenwald's Brave New Films has launched "Campaign: Rethink Afghanistan" to urge more public debate and Congressional oversight hearings on what increasingly looks like escalating American involvement in Afghanistan. They are also airing a series of online debates between prominent writers...
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