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When the Super-Rich Cry, “Class Warfare!“
I ran into my friend Jeff Madrick a few weeks ago. Like a rabbit out of a hat, or so it seemed, he whipped from his coat a copy …
Clinton’s Nuclear Bargain With India
(Photo: U.S. Embassy New Delhi / Flickr) If a “strategic partnership” is here, can business pacts be far behind? US Secretary of State Hillary Clinton left no …
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Why Democracy Is Public: The American Dream Beats the Nightmare
(Photo: Joel Davis-Aldridge / Flickr) Democracy, in the American tradition, has been defined by a simple morality: We Americans care about our fellow citizens; we act on …
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The Racial Wealth Gap’s Larger Than Ever. Here’s How It Will Destroy Us
This morning features two large and frustrating pieces of economic news. One: Washington's silly fight over a fake debt crisis (rather than the real debt crisis) isn't likely to …
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House GOP Leaders Fail to Secure a Vote on Debt Limit
Republicans in the House of Representatives failed for a second straight day Thursday to find enough votes within their own ranks to pass a heavily lobbied GOP leadership plan …
Epic Fail
It's become all too evident that a manufactured crisis has suddenly transformed into a very, very real one.
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WikiLeaks Cables Show Haiti as Pawn in US Foreign Policy
The US tried to undermine Haiti's oil deal with Venezuela in order to protect the vested interests of US oil corporations. Under the Obama administration, the …
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How Shadowy Right-Wing Front Groups Engineered Our National Embrace of Debt Reduction Over Job Creation
(Photo: Vanessa Arn / Flickr) For the entire year, as a sluggish economy sputters by and states continue to struggle with falling revenue, the conversation in Congress …
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Ex-Prime Minister Says Taliban Offer Talks for Pullout Date
(Photo: isafmedia / Flickr) The Taliban leadership is ready to negotiate peace with the United States right now if Washington indicates its willingness to provide a timetable …
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Power of the Big Idea
Washington - Those who would chronicle events in Washington can find no richer source of analogy and metaphor than the Three Stooges. These days, I'm thinking of the times …