The Bush-43 Administration

Will ‘Too-Big-to-Fail’ Banks Fail Again?

Timothy Geithner (left), then Treasury Secretary, meeting with President Barack Obama in the Oval Office. (White House photo)

Despite Wall Street’s booming recovery, Main Street continues to struggle with high unemployment and low wages, making another bust more likely. And, the “too-big-to-fail” banks may be more vulnerable than they appear, writes Danny Schechter.

The Pampered, Delusional Rich

Mr. Moneybags from the "Monopoly" game

America’s rich, who are consolidating more and more of the nation’s wealth in their own hands and giving less and less back, see themselves as “victims” of class envy, and some billionaires even liken their plight to the Holocaust, a stunning deviation from reality, notes Michael Winship.

Obama Ensnared in Bush’s Abuses

President Barack Obama and former President George W. Bush (with First Lady Michelle Obama and former First Lady Laura Bush) walk to a White House event on May 31, 2012. (Official White House Photo by Chuck Kennedy)

President Obama’s fateful decision – after winning the 2008 election to seek “continuity” rather than “change” and “to look forward, not backward” – has trapped him in a web of constitutional abuses that began in the Bush-43 presidency and extended into his own, as Coleen Rowley describes.

Debating Secrecy vs. a Free Press

New York Times national security reporter James Risen.

The U.S. government’s campaign against “leakers” has pushed together some odd media bedfellows, with representatives of the mainstream news media joining with more active players who help disseminate government secrets in a conference on the dangers now facing a free press, as Danny Schechter observed.

The War Activists

Neoconservative pundit William Kristol. (Photo credit: Gage Skidmore)

Having evaded accountability for the Iraq War and other bloody disasters, star neocons – William Kristol and Robert Kagan – have refashioned their pro-war arguments, dressing them up in humanitarian garb, with glamorous accessories of national greatness, as David Swanson explains.

WPost’s Anti-Putin ‘Group Think’

Washington Post editorial writer Charles Lane appearing on Fox News.

Exclusive: In a stunning display of “group think,” virtually the entire Washington Post editorial section was devoted to denunciations of Russian President Putin, especially his “crazy” belief that the U.S. government often ignores international law and applies “the rule of the gun,” reports Robert Parry.

US ‘Exceptionalism’ Boomerangs

Russian President Vladimir Putin delivering a speech on the Ukraine crisis in Moscow on March 18, 2014. (Russian government photo)

Official Washington thinks “American exceptionalism” means the U.S. government can ignore international law when intervening in other countries. But that hypocrisy is now coming back to bite the U.S. with Russia’s annexation of Crimea, as ex-CIA analyst Paul R. Pillar explains.

Neocons’ Ukraine-Syria-Iran Gambit

Sen. John McCain appearing with Ukrainian rightists at a rally in Kiev.

Exclusive: The Ukraine crisis – in part stirred up by U.S. neocons – has damaged prospects for peace not only on Russia’s borders but in two Middle East hotspots, Syria and Iran, which may have been exactly the point, reports Robert Parry.

Why UK’s Tony Benn Didn’t Bend

Tony Benn, a Labour politician in the UK.

Since the Thatcher/Reagan era, “liberals” like Tony Blair and Bill Clinton have scurried toward “safer” political terrain, whether that meant endorsing aggressive wars or embracing deregulation. But some progressives, like UK’s Tony Benn, refused to bend, as Michael Winship recalls.

Europe’s Not So Shiny ‘Recovery’

Spain's Prime Minister Mariano Rajoy. (Screen shot from BBC)

Exclusive: The mainstream U.S. press explains the overwhelming Crimean vote to leave Ukraine as vote-rigging or coercion, but the reality is that “European aspirations” are not so attractive to people aware of the painful life for many in the EU’s “periphery,” from Spain to Greece, as Andrés Cala reports.