If U.S. budget gridlock had not ground rational thought to a standstill, creative options for revising the tax code might be possible, such as a tax on stock transactions to raise money and discourage micro-second trades. Another option would be a toll tax on money movement, as ex-prosecutor William John Cox suggests.
For “branding” purposes, the Tea Party pretends to reflect the views of the Constitution’s Framers but it actually follows the Slave South’s hostility to the strong federal government that the Framers created. That historical link to the Confederacy is crucial for understanding the Tea Party’s goals, as Beverly Bandler explains.
The Radical Right – reflecting the overlapping ideologies of Ayn Rand capitalists, Christian fundamentalists and neo-Confederate white supremacists – is set on crippling the federal government and humiliating the first African-American president. But the extremism could shatter the Republican Party, writes Lawrence Davidson.
Exclusive: House Republicans got next to nothing from their extortion strategy of taking the government and the economy hostage, but they are sure to continue obstructing programs that could create jobs and start rebuilding the middle class. What they won’t recognize is the abject failure of Reaganomics, writes Robert Parry.
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.
Exclusive: The fiscal crisis in Washington is not simply a threat to economic and government stability, as serious as that is. It is a premeditated scheme to carve out a new constitutional structure that gives the Koch Brothers and other right-wing billionaires the power to void the democratic process, writes Robert Parry.
The Republican-induced shutdown of the federal government underscores the Right’s populist contempt for the nation’s democratic institutions. But the fiasco also has undercut America’s standing in the world and thus undermines U.S. security and global leadership, writes ex-CIA analyst Paul R. Pillar.
The U.S. Constitution empowers the federal government to “provide for the … general Welfare,” but free-market ideologues have distorted the Founding document’s plain language to fit their desires, including their new demands that food-safety rules be gutted, as Michael Winship explains.
Exclusive: By forcing a U.S. government shutdown – and threatening a first-ever credit default – Tea Party Republicans are creating a new constitutional system which lets a determined white minority impose its will on the diverse American majority by inflicting so much pain that the extortionists prevail, writes Robert Parry.