The world’s financial system continues to teeter near a very nasty brink, with the United States and Europe disagreeing about how to pull back from the edge. Danny Shechter sees crisis, crisis, everywhere.
Some of our special stories in November explored the meaning of the Occupy Wall Street protests, examined the new case for heightened tensions with Iran, explained some lost history of Richard Nixon and J. Edgar Hoover, and more.
The Republican presidential race has had many jaw-dropping gaffes and fumbles, but perhaps most shocking is the thought that the extreme policies on display might actually come to pass, offering what Lawrence Davidson sees as the strongest argument for supporting President Obama’s reelection.
In the same Kansas town where Teddy Roosevelt castigated his era’s financial speculators 101 years ago, President Barack Obama spoke to the concerns of America’s 99 percent, those who have struggled while the super-rich prospered. But is Obama’s new rhetoric just talk, asks Danny Schechter.
Exclusive: Soaring in the polls, Newt Gingrich is confidently predicting his capture of the Republican presidential nomination and now sees the White House within his grasp. But, Robert Parry asks, is this divisive megalomaniac fit to run the most powerful nation on earth?
The Right’s giant megaphone is reversing the narrative for today’s crisis: It is Barack Obama’s “food-stamp presidency” and the Occupy demands for fairness that are at fault for the hard economic times, not Wall Street’s unregulated greed increasing the need for food stamps and heightening the imperative for resistance – as Phil Rockstroh explains.
Public opinion polls for Congress have sunk into the single digits and some observers are wondering why the ratings aren’t even lower. The latest area of abuse is the alleged use of insider information on Capitol Hill for lucrative stock trades, reports Michael Winship.
After the savings-and-loan debacle of the 1980s and the Internet bust a decade ago, hundreds of financial culprits were “perp-walked” to jail. But the big bankers who tanked today’s economy have escaped punishment, an omission that Danny Schechter says must change.
Exclusive: As local governments shut down more Occupy encampments, the movement for the “99 percent” is at a crossroads. Some supporters advocate more civil disobedience; others urge a shift toward media outreach; and still others want a move into politics. But Robert Parry notes that all three approaches may be required.
Despite a lack of policy prescriptions, Occupy Wall Street dramatized the crisis of income inequality in America. Now, Danny Schechter says the challenge for the movement is to expand on that message with outreach to the broader national population.