Why The Republicans Won Despite Being Wrong On The Issues, Revisited
Nov13

Why The Republicans Won Despite Being Wrong On The Issues, Revisited

Paul Krugman discussed how the Republicans won in the midterm elections despite being wrong about pretty much everything. Kurt Eichenwald has more in Vanity Fair looking at many of the things conservatives were wrong about over  the past thirty years. Although the list is far from complete, I’d suggest checking out the full article for the specifics. Topics covered include: Tax cuts pay for themselves Deregulating the Thrift Industry...

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Would This Have Helped Democrats on Tuesday? Nah!
Nov07

Would This Have Helped Democrats on Tuesday? Nah!

The U.S. economy, especially the private sector job growth, has been steadily recovering for the past five years. As a matter of fact, Jason Furman, chairman of President Obama’s Council of Economic Advisers has characterized this period as “the longest streak in U.S. history.” The Hill calls it “the longest such streak since 1995.” The Bureau of Labor Statistics reported today that total non-farm payroll employment rose by 214,000 in...

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Now that Quantitative Easing is going away, what did it do? (Guest Voice)
Nov06

Now that Quantitative Easing is going away, what did it do? (Guest Voice)

Now that Quantitative Easing is going away, what did it do? By Robert Coutinho Quantitative Easing (QE) has been used by the Federal Reserve Bank to try to stimulate the economy. It was a controversial program where the Fed bought treasury notes and mortgage backed securities (you know, those toxic assets that the banks had that were going to send them to the poor house?) In total, the Fed bought somewhere around $4.2 trillion in...

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U.S. Midterms: Obama Weakened When World Needs America Most (Le Monde, France)
Nov03

U.S. Midterms: Obama Weakened When World Needs America Most (Le Monde, France)

President Obama is facing a ‘thumping’ as President Bush called his public rejoinder after the 2006 midterm elections. Unlike Bush, though, President Obama is judged to be not only weak and ineffective at home, but ineffective and indecisive abroad. For Le Monde, journalist Dominique Simonnet and historian Nicole Bacharan outline the danger to the West and the world when an American leader is as weakened as the current...

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Khrushchev and Communism (Guest Voice)
Nov01

Khrushchev and Communism (Guest Voice)

Khrushchev and Communism by Fig Email Sent from Ed Jan 26, 2013: Does this look familiar to our country’s progress since 1959, scary to say the least and it appears to be picking up momentum. “Who knew how prophetic this was?” Nikita Khrushchev quote 9/29/1959. Do you remember when he appeared at the UN and banged his shoe on the table? This was his entire quote: “Your children’s children will live under communism. You Americans are...

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Solar Power
Oct31

Solar Power

Some good news both on the economic and environmental front, Oregon’s SolarWorld is expanding production. SolarWorld Industries America Inc. will add 200 jobs in Hillsboro as it ramps up manufacturing to meet growing U.S. demand, company executives announced Thursday. The company will expand both its cell and module production capacity in early 2015, making $10 million in investments in Hillsboro, said Mukesh Dulani,...

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Eight Months of War: Gains and Losses in the Ukraine Campaign (Gazeta, Russia)
Oct25

Eight Months of War: Gains and Losses in the Ukraine Campaign (Gazeta, Russia)

It has been eight months since the beginning of the Euromaiden protests, the toppling of Ukraine President Viktor Yanukovych and the current crisis over Ukraine. This editorial from Russia’s Gazeta takes stock of what Russia has gained and lost, and freely admits that in terms of the Russian social contract, ‘sausage in exchange for freedom can be considered terminated: the trend now is not sausage, not freedom – but...

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A Defeat for Dilma will Mean Victory for the ‘Empire’ (Vermelho, Brazil)
Oct24

A Defeat for Dilma will Mean Victory for the ‘Empire’ (Vermelho, Brazil)

Three days from now, the the people of Brazil will go to the polls to elect a new president, and as columnist Umberto Martins of Brazil’s Vermelho writes, the ramifications for the continent and the world are significant. Martins writes the the entire project to more tightly integrate Latin America against U.S. influence which was launched by now deceased Venezuela President Hugo Chavez could be badly damaged if right-of-center...

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Bruce Bartlett Argues That Obama Is A Republican
Oct23

Bruce Bartlett Argues That Obama Is A Republican

There’s nothing really new here, but it will be interesting to see conservative response to Bruce Bartlett’s article in The American Conservative entitled, Obama Is A Republican. The article is a rehash of how Obama’s record is actually quite conservative, clashing with the conservative myth that he is a socialist. He started with mentioning other Republicans who supported Obama’s election, and next discussed...

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Cartoon: Fear
Oct20

Cartoon: Fear

See great cartoons by all the top political cartoonists at http://cagle.com. To license this cartoon for your own site, visit...

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Are European Taxes REALLY Oppressive? (Guest Voice)
Oct14

Are European Taxes REALLY Oppressive? (Guest Voice)

Are European Taxes REALLY Oppressive? by Fig Letters on car mirrors sometimes says “Objects may be closer than they appear.” Some emails circulated on the Internet should have the advisory “Some emails circulated on the Internet may not be as accurate as they appear.” For instance, this one: Current European Tax Rates United Kingdom Income Tax: 50% VAT: 17.5% TOTAL: 67.5% France Income Tax: 40% VAT: 19.6%...

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The Highly Successful Presidency Of Barack Obama
Oct13

The Highly Successful Presidency Of Barack Obama

Paul Krugman has been defending Barack Obama much more recently, such as in a recent article in Rolling Stone and on ABC’s This Week. Krugman’s views on Obama have evolved over the years. I think that early on he was critical of Obama based upon disagreements on policy matters. Two things have altered how he discusses Obama. First there are all the off the wall attacks on Obama from both the right and many mainstream commentators....

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Fox Shocked That Obama Would Point Out Their Misinformation On Affordable Care Act
Oct03

Fox Shocked That Obama Would Point Out Their Misinformation On Affordable Care Act

Obama is pushing back against the misinformation spread by Fox about the Affordable Care Act in a speech at Northwestern: There’s a reason fewer Republicans are preaching doom on deficits — because the deficits have come down at almost a record pace, and they’re now manageable. There’s a reason fewer Republicans are running against Obamacare – because while good, affordable health care might seem like a fanged threat to...

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Taxes and Revenues in Democratic Nations
Sep30

Taxes and Revenues in Democratic Nations

All nations require revenue in order to buy armaments and pay for defense, maintain and expand their infrastructure, keep the health care system and social security intact, support the justice system, pay employees, and so forth. A dilemma in democratic states is how to raise these revenues in a fair and equitable fashion, though no matter what is ultimately decided by the governments, there are always individuals and groups who are...

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Obamacare: The Shameful Politics
Sep24

Obamacare: The Shameful Politics

Our own Dr. Ron Chusid has been doing a superb job of covering the good things about the Affordable Care Act (ACA), the problems and shortcomings where they occur and have occurred and, perhaps most important in this dog-eat-dog climate, he has doggedly been exposing and rebutting the shameful right-wing lies, villainous distortions and brazen slander about this hugely important program. There are so many lies, distortions and so much...

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ALEC (Updated)
Sep23

ALEC (Updated)

Update: Add Facebook to the list. The American Legislative Exchange Council has been around for over 4 decades but it really became powerful after the 2010 elections when Republicans gained control of state legislators.  ALEC represents everything that that populists like Theodore and Franklin  Roosevelt opposed.  Just yesterday Google announced it was leaving the organization: “The facts of climate change are not in question...

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Generational Inequality
Sep16

Generational Inequality

A small number of individuals currently control a disproportionate amount of the wealth in most democracies. In America, the ultra-rich .01% of the populace has 11.1% of the nation’s wealth, with the top 1% owning 39.8% of the wealth, an astounding $32.6 trillion. These numbers do not consider assets held in offshore accounts which would skew the percentages even further. The richest .01% has quadrupled their share of America’s wealth...

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Hubris Is Alive and Well
Sep15

Hubris Is Alive and Well

Some economists saw the Great Recession coming. Certainly Robert Reich did. But, as Paul Krugman writes in this morning’s New York Times, an army of economists missed the boat. They did so for a number of reasons: Clearly, economics as a discipline went badly astray in the years — actually decades — leading up to the crisis. But the failings of economics were greatly aggravated by the sins of economists, who far too often let...

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Senate actually holding a vote for Campaign Finance Reform (Sortof) [by Slamfu, Guest Voice]
Sep05

Senate actually holding a vote for Campaign Finance Reform (Sortof) [by Slamfu, Guest Voice]

image: wikimedia Senate actually holding a vote for Campaign Finance Reform by slamfu Well, imagine my surprise when I found out that after all the whining from people like myself about how campaign finance laws have handed this country over to the wealthiest elites, the corporations, and anyone with deep pockets and an axe to grind, it turns out the Senateis actually taking some steps in the right direction. On Monday, the Senate...

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Fast Food Workers Strike Nationwide
Sep05

Fast Food Workers Strike Nationwide

Fast Food Workers Strike Nationwide by Miriam Raftery September 4, 2014 (San Diego)–Fast food workers across America on Thursday put down their burger flippers and picked up picket signs. Workers went out on strike at an estimated 150 fast food restaurants nationwide. The workers want wages raised to $15 an hour . They point out that it’s not just kids working at fast food chains nowadays; the economy has forced many adults...

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