The Standard & Poor’s rating agency has downgraded European countries in a move that may force the governments to crack down more on their populations and divert more money to wealthy investors, thus helping the super-rich short-circuit what’s left of democracy, Danny Schechter reports.
Exclusive: The Republican presidential race has taken a detour into the “class warfare” that the party supposedly despises, with Newt Gingrich and Rick Perry tagging Mitt Romney as an elitist who got rich by laying off workers. But this spat misses the larger point of what the Right is doing to America, writes Robert Parry.
Exclusive: Rep. Ron Paul and other right-wingers have lured many average Americans into their camp by creating a false narrative about America’s Founding, claiming that the drafters of the Constitution wanted a weak central government. But that’s not the real history, Robert Parry writes.
Over the past three decades, right-wing policies have diverted the wealth of America into fewer and fewer hands, and a right-wing Supreme Court has let money dominate U.S. politics like never before, challenging Woody Guthrie’s idea that “this land was made for you and me,” Bill Moyers and Michael Winship note.
Exclusive: The murder of a fifth Iranian scientist on the streets of Tehran had all the earmarks of an Israeli-sponsored assassination. The killing also worsened tensions at a moment when the momentum toward war with Iran seems unstoppable, reports Robert Parry.
On President Obama’s second full day in office, he promised to close the Guantanamo Bay prison, but then encountered fierce resistance from Congress, leading to a humiliating retreat underscored now by the prison’s tenth anniversary — and by renewed worldwide condemnation, as Nat Parry reports.
U.S. hardliners on Iran keep making their case, ratcheting up the pressure for sterner and sterner action against Iran’s nuclear program. But some of the claims – though accepted by the major American news media – have dubious origins, as Gareth Porter reported for Inter Press Service.
As Wall Street bankers and hedge funds deploy powerful computers in “high-frequency trading” – siphoning off capital meant for productive purposes – one counter-measure would be a “financial transaction tax” to discourage the practice and raise needed revenue, a plan gaining traction in France, reports Jeff Cohen.
As American neocons continue to walk the United States toward another war in the Middle East, this time with Iran, they have been laboring to come up with rationales, including alarmist scenarios of what a nuclear-armed Iran might do geopolitically, as ex-CIA analyst Paul R. Pillar explains.
As U.S.-Iran tensions gain a dangerous momentum – with an Iranian court just giving a death sentence to an alleged CIA spy – neocon-dominated Washington has jumped on the bandwagon toward war. But the Independent Institute’s Charles V. Peña says the underlying assumptions deserve more scrutiny.