Tag Archive for Debt Ceiling

The Anarchy of the Tea Party

As a catastrophic U.S. debt default looms, Republicans keep demanding they “get something” in exchange for reopening the government and removing a gun from the head of the economy. The new talking point is that “Democrats won’t negotiate!” But ex-CIA analyst Paul R. Pillar sees an anarchic method behind the madness.

Tea Party Extremism and the ‘Cliff’

With a late-night vote, the U.S. House of Representatives approved a partial plan – negotiated by the Senate and the White House – to avert the “fiscal cliff,” but most House Republicans voted no, with Tea Partiers continuing to flaunt their nihilistic extremism, as ex-CIA analyst Paul R. Pillar notes.

The Dangerous Reagan Cult

Exclusive: Ronald Reagan’s anti-government philosophy inspires Tea Party extremists to oppose any revenue increase, even from closing loopholes on corporate jets. Democrats try the spin that “even Reagan” showed flexibility on debt and taxes. But Robert Parry says it is the “Reagan cult” that is at the heart of America’s crisis.

US Lost Its Way from Omaha Beach

Exclusive: Visiting Omaha Beach and the nearby American cemetery of World War II dead recalls a moment in time when the United States sacrificed to stop a global epidemic of madness. But Robert Parry discovered that those memories also underscore how the United States has since lost its way.

Negotiating with Hostage-Takers

One enduring lesson of the Reagan administration is that it makes no sense to negotiate with hostage-takers; they only take more hostages. That is a lesson that President Barack Obama and the Democrats must learn in dealing with the today’s right-wing  Republicans, writes Michael Winship.

‘Dog Days’ for US Economy

The debt-ceiling crisis has revealed that Republicans have found a valuable hostage and Democrats have shown they will pay the ransom. So, the prospects that the federal government will address other problems, like joblessness and a staggering middle class, are even dimmer, as Danny Schechter notes.

Obama on the Backs of the Poor

Exclusive: The painful resolution of the debt-ceiling crisis shows that Republicans and the Right know how to play hardball – and that the Democrats and President Barack Obama know how to get rolled. Former CIA analyst Ray McGovern is thinking about other options.

Wrestling Over the Debt Ceiling

As Republicans threaten to throw the U.S. economy into a new crisis by not raising the debt ceiling, Democrats have given ground time and again, erasing one line in the sand after another. But is this self-inflicted crisis real or just another political game, asks Danny Schechter. 

Winning with Kamikaze Tactics

The dangerous political and economic trends of the past three decades are coming to a head in Washington current debt battle. The Right is armed with its anti-government extremism and its vast propaganda machine, while the Democrats seek compromise and the Left remains disorganized, as Danny Schechter notes.