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      tim kaine

      Sen. Tim Kaine and Fed Chair Jerome Powell

      Why We (Still) Need a Federal Reserve for the People—Not Wall Street

      The Fed is a public institution, created by an act of Congress. But the people who are supposedly represented by that Congress don't seem to have much of a voice there. That must change.

      Richard Eskow
      Mar 23, 2023

      The Federal Reserve raised interest rates by another quarter point yesterday, despite recent bank failures that undermined public faith in the financial system. The Fed, which failed to properly supervise these banks, will now make things harder on working people. Why? To address inflation which has been caused by the war in Ukraine, supply-chain disruptions, excesses in profit-taking, and the slight additional effect of government efforts to minimize public suffering during a pandemic.

      The government stopped aid to working people, which was only a minor factor in any case, but has done nothing about the other inflationary forces. That tells us something about its priorities.

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      Opinion
      Federal Reserve
      Activists hold up panels spelling out "End Endless War" during a demonstration outside of the U.S. Capitol building to commemorate the 20th anniversary of the Iraq War on March 15, 2023. ​

      Biden Shows Support as Senate Advances Repeal of Iraq War Authorizations

      "Repeal of these authorizations would have no impact on current U.S. military operations and would support this administration's commitment to a strong and comprehensive relationship with our Iraqi partners."

      Jessica Corbett
      Mar 16, 2023

      As the U.S. Senate on Thursday teed up a vote to end the congressional authorizations for the Gulf and Iraq wars, President Joe Biden formally backed the bipartisan bill.

      The progress on finally repealing the 1991 and 2002 authorizations for use of military force (AUMFs) comes just ahead of the 20th anniversary of the George W. Bush administration's costly and devastating invasion of Iraq.

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      Iraq War
      U.S. Army Staff Sergeant Robert Dominguez stands guard next to a burning oil well on March 27, 2003 in Rumayla, Iraq.

      US Lawmakers Reintroduce Bill to End Authorizations for 'Horrific Forever Wars'

      "It's far past time to put decisions of military action back in the hands of the people, as the constitution intended," said Rep. Barbara Lee.

      Kenny Stancil
      Feb 09, 2023

      Six U.S. lawmakers introduced legislation Thursday to terminate a pair of longstanding authorizations for past wars on Iraq, reviving an ongoing effort to reaffirm Congress' role in deciding whether to approve the use of military force.

      Sens. Tim Kaine (D-Va.) and Todd Young (R-Ind.) and Reps. Barbara Lee (D-Calif.), Abigail Spanberger (D-Va.), Tom Cole (R-Okla.), and Chip Roy (R-Texas) led the latest campaign to rescind the 1991 and 2002 Authorizations for the Use of Military Force (AUMFs).

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      forever wars
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      The War in Ukraine Was Provoked—and Why That Matters to Achieve Peace

      It’s Clear as Day the GOP Does Not Really Care About Debt or the Deficit

      GOP Plans to Unveil Deficit-Exploding Tax Cuts for the Rich Two Weeks After Debt Limit X-Date

      America’s Wars and the US Debt Crisis

      Matt Gaetz Openly Confirms Republicans See US Economy as 'Our Hostage'

      'Very Bad News Indeed': Study Sounds Alarm on Threat of Deep Ocean Current Collapse

      Right-Wing US Supreme Court Delivers 'Catastrophic Loss for Water Protections'

      Noam Chomsky on Why This Is the Most Dangerous Point in Human History

      Don't Be Taken by Corporate Media Both-Siderism: The GOP Alone Manufactured This Debt Ceiling Disaster

      Bernie Sanders to Joe Biden: Invoke the 14th Amendment—Now

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