In America, bubbles come in two forms: how Wall Street insiders suck in a sucker’s money before the speculative bubble pops and how those same scam artists stay inside a protective bubble to spare themselves from the fallout. In this autumn of national discontent, Phil Rockstroh sees hope for real change.
Exclusive: The stupidity of the Republican presidential field seems to know no bounds, with Gov. Rick Perry’s putting the American Revolution in the 1500s and joining Rep. Michele Bachmann and the Tea Party in messing up the history of the nation’s founding, notes Robert Parry.
Exclusive: Backed by a powerful right-wing media and aggressive Tea Party activists, Republicans appear unafraid of any political risks from their out-of-hand rejection of President Barack Obama’s jobs bill. The GOP senses its anti-government message remains potent, writes Robert Parry.
From the Archive: At the 10th anniversary of the U.S. war in Afghanistan, we are re-publishing two articles by Washington insiders, CIA analyst Peter W. Dickson and lobbyist Bruce P. Cameron. Both issued unheeded warnings about the looming catastrophe – Dickson while at the CIA in the 1980s, alarmed by Pakistan’s progress toward a nuclear bomb.
From the Archive: A mythology has long surrounded why America got into its 10-year-long Afghan war, based on the false premise that Washington’s big mistake was abandoning Afghanistan after the Soviets departed in 1989. The reality was quite different, as foreign policy expert Bruce P. Cameron explained.
Exclusive: For three decades, the United States has undertaken an extraordinary social experiment, incentivizing greed among the richest Americans by cutting their top tax rates in half or more. The results are now in from Ronald Reagan’s bold gamble and Robert Parry says they aren’t good.
The “99 Percent” movement – arising across the United States – represents the first major public manifestation of disgust and fury at the rampant greed that has concentrated the nation’s wealth with the top “One Percent.” Economic journalist Mark Provost reports on his experience at one front in Boston.
Palestinian officials have appealed for membership at the United Nations, prompting angry retorts from Israel and a veto threat from the Obama administration. But the UN issue is membership, not statehood, which Joe Lauria writes is already a de facto reality.
As the Occupy Wall Street and other populist protests grow, the role of police – in either allowing dissent or crushing it – will be at center stage. In that regard, Gary G. Kohls sees valuable lessons from the Holocaust drama, “Sarah’s Key.”
Exclusive: Israeli leaders continue to pound the drum about taking out Iran’s nuclear program – and some hardliners may want to strike soon, fearing the window of opportunity will close if President Barack Obama wins reelection and is less susceptible to political pressures, as ex-CIA analyst Ray McGovern observes.