If U.S. budget gridlock had not ground rational thought to a standstill, creative options for revising the tax code might be possible, such as a tax on stock transactions to raise money and discourage micro-second trades. Another option would be a toll tax on money movement, as ex-prosecutor William John Cox suggests.
The fossil-fuel industry has invested billions of dollars in propaganda – funding phony “scientists” and bankrolling politicians – to confuse the public about the threat from global warming. The deception is aided and abetted by the mainstream media’s misguided “balance,” as Dan Becker and James Gerstenzang explain.
While many reformers have focused on money in politics, a parallel danger comes from the billions of dollars that right-wing ideologues have poured into media. The likes of Rupert Murdoch have made an art form out of peddling “populism” that serves the financial elites, as Bill Moyers and Michael Winship note.
For “branding” purposes, the Tea Party pretends to reflect the views of the Constitution’s Framers but it actually follows the Slave South’s hostility to the strong federal government that the Framers created. That historical link to the Confederacy is crucial for understanding the Tea Party’s goals, as Beverly Bandler explains.
Exclusive: Dick Cheney’s new book about his life-saving heart transplant has drawn much fawning coverage. But little attention has gone to the hypocrisy of the ex-vice president accepting expensive government-funded surgeries while endorsing the Tea Party’s campaign to deny health coverage to millions of Americans, writes Robert Parry.
The Radical Right – reflecting the overlapping ideologies of Ayn Rand capitalists, Christian fundamentalists and neo-Confederate white supremacists – is set on crippling the federal government and humiliating the first African-American president. But the extremism could shatter the Republican Party, writes Lawrence Davidson.
Exclusive: The economic pain from the Wall Street crash of 2008 and the ensuing Great Recession has fueled the right-wing Tea Party movement in the United States and a revival of fascism in parts of Europe, including hard-hit Spain where some leaders are promoting the brutal Franco era, writes Andrés Cala.
From the gospel accounts, Jesus was a fierce critic of the economic injustices of his day, demanding – within his Jewish tradition – a radical redistribution of wealth and a recommitment to Israelite teachings about caring for one another. That was his point about God’s kingdom “on earth,” writes Rev. Howard Bess.
Exclusive: House Republicans got next to nothing from their extortion strategy of taking the government and the economy hostage, but they are sure to continue obstructing programs that could create jobs and start rebuilding the middle class. What they won’t recognize is the abject failure of Reaganomics, writes Robert Parry.