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Why Community Banks Need Obama, and He Needs Them
President Obama met with 12 community bankers Tuesday in a bid to spur lending to small businesses. They were looking for action from him, as well.
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Ray McGovern | Break the CIA in Two
After the CIA-led fiasco at the Bay of Pigs in April 1961, President John Kennedy was quoted as saying he wanted to “splinter the CIA into a thousand pieces …
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Loan Mod Program Delays Even Worse for Those Struggling Not to Fall Behind
Since last spring, when President Barack Obama announced his administration’s plan to prevent foreclosures, there’s been a crush of homeowners seeking help from mortgage servicers. Confusion and delays have …
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Why Have an Estate Tax?
Last year, I had a dream I was called before the Senate to testify on the “reform” of the estate tax. Admittedly, the dream was odd. Although I've been …
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Flares in the Political Dark
The winter solstice of 2009 arrived as a grim metaphor for the current politics of health care, war, and a lot more. “In a dark time,” wrote the poet …
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Reclaiming Public Values in the Age of Casino Capitalism
When public values are subordinated to the rationality of profits, the institutions that support it become corrupt.
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One Court’s Catch-22
Last August, a federal judge threw out a lawsuit challenging the government's right to spy on Americans' international emails and telephone calls without warrants or suspicion of any kind …
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Roguishly Rouge: A Review of “Going Rouge: Sarah Palin – American Nightmare” Entirely in Quotes
Going Rouge: Sarah Palin - American Nightmare Edited by Richard Kim and Betsy Reed OR Books New York, 2009 Editors Note: Rather than attempt to translate the verve, variety, …
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A Copenhagen Dictionary
Activists: the word sounds better than “militants.” Africa: is unsure of itself. American way of life: outmoded, disgusting or decadent? Banks: are doing very well, thank you. Bike Bloc: …
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Wall Street
Congress pledged to tighten regulations on Wall Street after its role in the recession. The industry is reaching into its deep pockets to shape the financial reform legislation to …