Economy

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.

Anti-Government Economic Orthodoxy

Financial news network CNBC is dominated by correspondents and anchors who worship at the altar of the Market, preaching the right-wing theology of unrestrained capitalism and tightly constrained government. Amid that religious certainty, CNBC’s Becky Quick breezily mocks economist Paul Krugman, Beverly Bandler notes.

Schwarzenegger’s Selective Recall

Exclusive: Former California Gov. Arnold Schwarzenegger is trying to burnish his tarnished image with a new memoir, Total Recall. But the “Governator” forgets to include how a mix of Enron’s dirty tricks and their exploitation by Republican operatives brought him to power, writes Jim DiEugenio.

Lining Up Romney’s Votes

America’s concentration of wealth at the top has been accompanied by a bolder assertion of political power by the plutocrats, not just in the proliferation of unrestrained Super PACs but also in demanding support for Mitt Romney by employees, note Bill Moyers and Michael Winship.

The Danger of Wealth at the Top

For years, Mitt Romney has advocated tax breaks tilted toward the rich in a classic “supply-side” strategy, but is now trying to obscure that position. His shift comes as even conservative economists say the concentration of wealth at the top is hurting economic progress, as ex-CIA analyst Paul R. Pillar notes.

How Romney Harms the Middle Class

When seeking the Republican presidential nomination, Mitt Romney promised to keep the Bush tax cuts and tack on a 20 percent across-the-board tax cut. Now, he struggles to explain how that would work, but even the status quo has helped the rich and damaged the middle class, says former Republican William Frey.

Buying ‘Justice’

Powerful corporations and right-wing interest groups are taking aim at state judges around the country who have ruled the “wrong” way and who can be tossed out via elections. This new flood of campaign cash is creating a system of justice for the highest bidder, write Bill Moyers and Michael Winship.

How to Save the Middle Class

Many Americans don’t know where the Great Middle Class came from. They see it as a natural outgrowth of “free-market capitalism” when it was really the product of conscious government policies, starting with the New Deal. That confusion must be addressed in this political season, says Beverly Bandler.

Ryan’s Distortion of America’s Founding

Rep. Paul Ryan wraps his Ayn Randian philosophy of unrestrained selfishness in phrasing selectively lifted from the Founders, but the Republican vice presidential nominee misses the role of democracy and self-government in establishing human rights, says historian Jada Thacker.