Budget

Assessing Obama’s ‘Peace’ Moves

Exclusive: American neocons are accusing President Barack Obama of “losing” Iraq with his final troop withdrawal – and some anti-war activists are encouraged by his possible strategy shift away from combat in Afghanistan. So, is there a sea change underway in the course of the U.S. ship of state, asks Robert Parry.

Toward a New National Security Policy

During the Cold War, the U.S. avoided large permanent bases in the Islamic world so as not to enflame anti-Western passions. But that changed with the Persian Gulf War, endangering rather than protecting the interests of the American people — and highlighting why a new national security policy is needed, writes Gareth Porter.

Reagan’s ‘Greed Is Good’ Folly

Exclusive: For three decades, the United States has undertaken an extraordinary social experiment, incentivizing greed among the richest Americans by cutting their top tax rates in half or more. The results are now in from Ronald Reagan’s bold gamble and Robert Parry says they aren’t good.

The One Answer: Tax the Rich

Exclusive: When President Barack Obama suggested a minor adjustment in tax rates for the rich – to make sure they pay at least the same percentage as their employees – Republicans cried “class warfare.” But higher taxes on the rich may be the only way to rebuild the middle class, writes Robert Parry.

America’s Post-9/11 Catastrophe

President George W. Bush’s response to the 9/11 attacks by launching two open-ended wars in Afghanistan and Iraq, plus the sustained Republican assault on government domestic spending, have contributed to a decline in safety and health at home and abroad, reports Michael Winship.

The Dark Legacy of Reaganomics

Exclusive: For half a century – from the depths of the Great Depression until the rise of Ronald Reagan – the U.S. government invested in building the nation and funding key research. And the country flourished. But Reagan then reversed those priorities. The results are in, writes Robert Parry.

Resetting the American Narrative

Exclusive: The U.S. political climate might change if Americans understood how much the federal government did to create the infrastructure behind many business fortunes, including the Internet and computer technology. That narrative would justify higher taxes on the rich to repay the nation and allow for future R&D, writes Robert Parry.

The Absurd US Bases in Japan

Anticipating a return to power after Republicans win in 2012, the neocons are now in a delaying game to stop any serious cuts in the U.S. military budget, including in the global network of bases, even in countries like Japan where – as Robert Higgs notes – the national security rationale has long since disappeared.

Demanding Hurricane Irene ‘Offsets’

Unlike Hurricane Katrina on George W. Bush’s watch, FEMA stayed on top of Hurricane Irene rushing help to flood-stricken Americans, from North Carolina to Vermont. But House Majority Leader Eric Cantor and right-wing Republicans are demanding spending “offsets” from other federal programs, as Michael Winship notes.

Democracy v. the Greedy Rich

As the rich get richer, the poor poorer and the middle class smaller, America’s most prominent “populist” movement, the Tea Party, demands more tax breaks for the rich and less help for the rest. Kevin Zeese says only a true populist movement demanding a democratized economy can save the Republic.