Less than four years after precipitating a devastating financial crisis – and getting bailed out by taxpayers – the big banks are looking to Election 2012 as a chance to roll back even modest reforms, like the Volcker Rule, that reined in Wall Street gambling, as Bill Moyers and Michael Winship explain.
Exclusive: Many in the Washington Establishment – including key parts of the press – fancy themselves doing what’s “good for the country” by shielding Americans from painful realities, like the emerging crisis over a partisan-driven Supreme Court. But the hard truth, not easy lies, is what’s best for the nation, says Robert Parry.
As Americans struggle with their tax returns, they are reminded how skewed the tax system has become, with multi-millionaires who live off investments paying a lower rate that middle-class people who go to work every day, a situation that Danny Schechter says deserves protest.
Exclusive: President George W. Bush not only botched the Afghan and Iraq wars but he bungled his “dead or alive” pursuit of Osama bin Laden, assuring al-Qaeda’s leader nine more years of life and the opportunity to father four more children with his 20-something third wife, Robert Parry writes.
Exclusive: The Supreme Court’s GOP Five just finished a run as brave libertarians protecting Americans from President Obama’s health-care reform, but now are back to their usual role as defenders of abusive state power, allowing strip searches of anyone arrested for anything – and perhaps particularly protesters, reports Robert Parry.
Israeli hardliners and American neocons say U.S. and Israeli interests are one and the same, meaning that if Israel bombs Iran, the United States should join in. But other observers say Washington must create some distance from Israel’s messianic Prime Minister Benjamin Netanyahu, notes ex-CIA analyst Paul R. Pillar.
Exclusive: The negative tone of the Republicans on the U.S. Supreme Court suggests that the Affordable Care Act, with its individual mandate to buy health insurance, may be overturned as “unconstitutional” by a partisan 5-4 vote. But key Founders had a less hostile view toward mandates in 1792, as Robert Parry reports.
From Editor Robert Parry: In the 16-plus years of Consortiumnews, our most difficult fund-raising periods have been in presidential election years like this one. Many supporters tell me they are funneling what money they have into campaigns and, implicitly, that independent journalism is not a priority.
Exclusive: George Washington and James Madison, two key Framers of the Constitution, saw nothing wrong with issuing mandates to citizens (to buy muskets for a militia), but today’s Republican majority on the Supreme Court seems set on going rogue and rewriting the founding document to say otherwise, Sam Parry writes.
Despite attempts in the right-wing media to smear 17-year-old Trayvon Martin with references to minor school disciplinary problems, the overall reaction across the United States has been outrage over his slaying and the lack of an arrest, what Sherwood Ross calls a positive change in a nation with a long history of racism.