Exclusive: There was buzz on the Internet after libertarian Ron Paul delivered what was billed as his final address in Congress. But his near-hour-long speech sounded more like the ramblings of a right-wing crank than the coherent thoughts of the principled idealist that his fans rave about, writes Robert Parry.
With Mitt Romney exposed as another disciple of Ayn Rand’s gospel of makers and takers, Election 2012 is shaping up as a test of whether the United States will embrace the laissez-faire Gilded Age or uphold the New Deal with its middle-class values. Will Franklin Roosevelt be honored or rejected, asks Beverly Bandler.
Until the Great Crash of 1929, the federal government did little to regulate the power of Wall Street as it precipitated cycles of boom and bust that ruined the lives of many Americans. That history is now being forgotten as Republicans move to dismantle what’s left of the New Deal, says Lawrence Davidson.
From the Archive: As Republicans and the Tea Party seek to dismantle the New Deal’s social contract, one of their heroes, Dick Cheney, concedes that his personal success traces back to the federal government’s intervention against the depredations inflicted on Americans by “free-market” capitalism, writes Robert Parry.
Exclusive: Many Americans still wonder how it happened, how did a country admired for its Great Middle Class, which sustained strong democratic institutions, end up with Third-World-style wealth inequality and a democracy to match? In reviewing Winner-Take-All Politics, James DiEugenio seeks an answer.
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: Subtly and not so subtly, Republican presidential contenders are playing the race card again, hoping to win over the votes of angry whites by implicitly blaming the shrinking of the middle-class on preferential treatment of blacks and other minorities, reports Robert Parry.
Exclusive: Dick Cheney is an inspiration to right-wing Republicans set on dismantling the New Deal and getting rid of as many government jobs as possible. But Cheney’s memoir traces his success in life back to the security created by the federal programs of Franklin Roosevelt, writes Robert Parry.