Rep. Michele Bachman, a rising Republican presidential aspirant, is notorious for bungling key facts of U.S. history – like starting the Revolutionary War in New Hampshire – but she also misses key points about Canada’s more robust economy. It benefited from strong banking regulation and single-payer health insurance, Michael Winship notes.
South Africa’s heroic defeat of white supremacy made the country and its leader, Nelson Mandela, icons across the world. However, the nation’s neoliberal economic policies have left many South Africans struggling in poverty and growing despair, as Danny Schechter reports from Durban, South Africa.
Like much of the U.S. news media, the Washington press corps likes a good diversion from the real problems facing the country, such as having to deal with new research confirming that the United States is dividing into a land of a few haves and many have-nots, a crisis that Michael Winship addresses in this guest essay.
Exclusive: New studies show that America’s corporate chieftains are living like kings while the middle class stagnates and shrivels. Yet, the Tea Party and other anti-tax forces remain determined to protect the historically low tax rates of the rich and push the burden of reducing the federal debt onto the rest of society, a curious…
Despite Israel’s great political influence in Washington, the Obama administration may soon have to decide whether it will risk economic retaliation from Saudi Arabia by opposing Palestinian statehood in the United Nations. A Saudi cutback in oil production could send gas prices to $5 a gallon and sink the U.S. recovery, Lawrence Davidson writes.
Though the anti-austerity protests in Greece have grabbed most of the international attention, a similar movement – rejecting neo-liberal economics and challenging the traditional political elites – has emerged in the much larger nation of Spain, as Danny Schechter observed during a recent visit.
In protests from the Middle East to the American Midwest, people are confronting the question of whether societies should be organized for the benefit of the broad population or the wealthy elites. That question is being expressed perhaps most sharply in protests spreading across Europe, including Spain, reports Pablo Ouziel.
Exclusive: The American neocons are again on the upswing as they undercut peace initiatives from the Obama administration and gain Republican support for maintaining massive Pentagon spending, in exchange for limiting senior citizens’ access to Medicare. As Robert Parry reports, the neocons can now see the light at the end of the tunnel for their restoration…
As a current article of political faith, Republican leaders decry the science on global warming as ”junk” or a left-wing conspiracy. Even as temperatures rise around the planet and new weather patterns threaten food supplies, the GOP and its right-wing alllies refuse to face the frightening new reality, as Michael Winship notes.
Even as another potential Great Depression looms, the U.S. political/media system seems incapable of addressing the crisis and devising coherent answers. Instead, the old partisan and lobbying games dominate the political world and obsession with trivia commands the news media’s focus, Danny Schechter writes.