Truthout
Op-Ed

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United Snakes of America: Obama, the Republicans and the Media
House Speaker John Boehner and President Barack Obama meet with Congressional leadership in the Cabinet Room of the White House to discuss the debt limit and deficit reduction, July …

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Panic on the Streets of London
I'm huddled in the front room with some shell-shocked friends, watching my city burn. The BBC is interchanging footage of blazing cars and running street battles in Hackney, of …

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Another Bailout Joins the Goofball Economy
The whole thing is nuts. The economy is a shambles, saved from a free fall only by the Federal Reserve’s unprecedented promise of free money for banks for at …

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The Downgrading of America
New York Stock Exchange on Wall Street, New York. (Photo: regenmond) As Lily Tomlin noted, “No matter how cynical you get, it's almost impossible to keep up.” …

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Why the President Doesn’t Present a Bold Plan to Create Jobs and Jumpstart the Economy
Americans are deeply confused about why the economy is so bad – and their President isn't telling them. In fact, the White House apparently has decided to join with …

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S&P Ratings Destroy Information
A lot of the theory of securities markets revolves around information: securities prices respond to changes in available information, you want to provide incentives for people to produce information, …

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Democracy Died First in Wisconsin – Long Live the Oligarchs
The Wisconsin recall election was the first major test of the new era in American politics. That new era began in January of 2010 when the US Supreme Court …

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Shock Doctrine II: The Courage Con
The establishment campaign to use the economic crisis to cut Social Security and Medicare continues to escalate. Helene Cooper in New York Times offers up new theme: If president …

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Environmentalism’s Original Sin
In 2007 the National Audubon Society, one of the leading environmental organizations in the United States, issued a report headlined “Common Birds in Decline.” Based on statistical analysis of …

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Capitulation, Not Compromise, Led to a Debt Deal
President Barack Obama signed an agreement on August 2 that raised the United States’ debt ceiling. (Photo: Philip Scott Andrews / The New York Times) What would …