Category: Economy

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Perp-Walking the Wrong Banker?

The sexual-assault arrest of International Monetary Fund chief Dominique Strauss-Kahn touched off a frenzy of media coverage in New York, including repeated showing of the French banker looking disheveled in handcuffs. But Danny Schechter pines for the day when the…

Spain’s Tahrir Square

Angered by “free-market” policies that have created high unemployment and are now forcing government spending cuts, tens of thousands of Spaniards are occupying central squares in Madrid and other cities in a challenge to the country’s economic elites, as Pablo…

Leaving a Church of Free-Market Miracles

A significant part of the U.S. population is stuck in angry denial, unwilling to acknowledge scientific realities (like global warming), embracing fictions (like Barack Obama’s Kenyan birth), and refusing to acknowledge America’s diminished situation (like the crumbling infrastructure of roads…

Rand Paul’s ‘Health Right=Slavery’ Rant

Sen. Rand Paul, a Tea Party favorite, likens the idea that every American should have a right to healthcare to the imposition of “slavery” on doctors like him and their staffs, a bizarre and extreme analogy that Lawrence Davidson dissects…

Mitch Daniels, Architect of US Debt Crisis

Exclusive: Indiana Gov. Mitch Daniels is the new Republican darling of the Washington establishment, which hails him as a “fiscal conservative” who would be “serious” about addressing the nation’s staggering debt problem. But his many admirers forget to mention what…

How Fox News Outfoxes Americans

To understand how so many average Americans can be duped into embracing right-wing positions that go against their own interests, you must look at ¬†how Fox News (and right-wing media outlets) use faux populism and phony outrage as propaganda techniques,…

The War Against Taxing the Rich

The Republicans have dug in their heels against any proposal to raise taxes on the rich, even opposing efforts to close loopholes for the oil industry which has been chalking up stunning profits simply by riding the wave of rising…