Economy

Obama’s Challenge at Treasury

With Treasury Secretary Timothy Geithner planning to step down, President Obama is faced with an important appointment. Much of Official Washington wants a “deficit hawk,” but Obama and the country would be better served by someone who cares more about recovery than austerity, says Beverly Bandler.

Death Knell for a Failing Paradigm

The death and destruction from Super Storm Sandy – this time inflicted near the U.S. power center of New York City – are warnings of what’s in store if the global-warming deniers continue to obstruct action. Future devastation will shatter the creaky framework of modern civilization, says Phil Rockstroh.

Protests Mount over Keystone Pipeline

Environmentalists and the oil industry continue to clash over the Keystone pipeline and the plan to pump Canadian tar sands through the U.S. to the Gulf of Mexico, amid new reports on the plan’s environmental harm, reports William Boardman.

Hopeful Signs in US Election

The U.S. political process still has many flaws, but the voters turned back the most brazen assaults on democracy, from plutocrats trying to buy the election to Republicans seeking to suppress the votes of minorities. Fairness on gay marriage and other social issues also won, writes William Boardman.

A Great Night for US Democracy

Exclusive: President Obama’s reelection was a victory for him and the Democrats but also for the principles of democracy. The Republicans sabotaged the economy, sought to suppress the vote and flooded TV screens with attack ads, but young people and minorities led the way in rejecting these tactics, says Robert Parry.

Power of Anti-Government Propaganda

Exclusive: By many standards, President Obama has done a remarkable job, steering the U.S. and the world away from a global depression and enacting reforms to benefit millions of Americans. But he has fought against a powerful dynamic of modern U.S. politics, a hatred of the federal government, says Robert Parry.

Ignoring Real National Security Needs

Before the Right began demonizing government, there was a bipartisan consensus on the wisdom of federal action to build important national projects, like the Interstate Highway System. Today, the need for a strengthened infrastructure has become a national security concern, writes ex-CIA analyst Paul R. Pillar.

Risking a Repeat of Election 2000

Exclusive: President Obama and Republican presidential nominee Mitt Romney are locked in a tight race with Tuesday’s election likely to be decided in a few hard-fought battleground states, much like 2000. And, Robert Parry sees other troubling parallels to that disastrous election.

Romney/GOP Play Good Cop, Bad Cop

Exclusive: On Nov. 6, the American people will face a choice, not just between Barack Obama and Mitt Romney, but whether they will reward the Republican Party for its four years of obstructionism or whether they will demand that the GOP return to its more responsible past, writes Robert Parry.

Mitt Romney’s Auto Whopper

For the past year, Mitt Romney has been charting new territory when it comes to running a mendacious presidential campaign, drawing complaints from his Republican rivals as well as Democrats and media fact-checkers. Now, his distortions are prompting complaints from two major corporations, notes William Boardman.