Economy

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Will Obama Pick a Retread for Fed?

The choice of the next Fed chairman will have a big impact on the U.S. and world economies. But President Obama appears tempted to pick a safe retread like former Treasury Secretary Larry Summers though some progressives hope his choice will be less beholden to Wall Street, as William Greider told Dennis J Bernstein.

Racist Roots of GOP War on Obama

Exclusive: Right-wing Republicans in Congress are plotting to cripple the U.S. government if Barack Obama, the first African-American president, doesn’t submit to their demands. The battle pretends to be over the size of government but it echoes the whips, chains and epithets of America’s racist past, writes Robert Parry.

Squeezing Labor Costs Everywhere

The prevalence of low-wage jobs in the private sector and the scarcity of well-organized unions are among the explanations for America’s collapsing middle class. But the exploitation of cheap labor also extends into government jobs, as Bill Moyers and Michael Winship report.

L’Affaire Snowden Shows US Weakness

Exclusive: The U.S. threw its diplomatic weight around getting several European countries to block a plane carrying Bolivia’s President Evo Morales – thinking NSA leaker Edward Snowden might be a stowaway – but the clumsy affair only spotlighted declining U.S. influence in Latin America, writes Andrés Cala.

US Energy Renaissance Shifts Power

Exclusive: When President Obama addressed the global warming crisis last month, he linked progress on “green” energy with America’s greater natural gas production and strides toward energy independence, two themes that are quietly transforming global power relationships, writes Andrés Cala.

Migrant Workers’ Bitter Fruit

The battle to overhaul U.S. immigration policy has now moved from the Senate to the House where its future is at best uncertain. The debate continues even as the Obama administration presses forward with the most stringent deportation policies in modern history, as Dennis J Bernstein reports.

Climate-Denying Libertarianism

Exclusive: Libertarianism has gained new followers amid disclosures of excessive government surveillance. But this trendy ideology is filled with hypocrisy on principles and hostility to facts, having evolved from the South’s defense of slavery and now resistant to the science of global warming, Robert Parry reports.

Parallel Protests in Turkey and Brazil

Turkey and Brazil are two fast-developing regional powers that have begun to take their places on the global stage. But both are now dealing with popular unrest directed against government actions that have struck some protesters as arrogant and insensitive, as ex-CIA analyst Paul R. Pillar notes.

Would Jesus Love Ayn Rand Economics?

Many on the American Right say they’re strong Christians, but have bought into Ayn Rand economics which disdains government help for the poor and needy. Other Christians, like Sojourners’ Jim Wallis, see Jesus’s teachings enshrined in the Constitution’s commitment to the common good, writes Rev. Howard Bess.

The High Cost of Deportations

As Tea Party activists and some Republican senators vow to stop immigration reform, the status quo means that hundreds of thousands of undocumented immigrants are deported under President Obama’s aggressive enforcement policies, creating a humanitarian crisis for millions, writes Dennis J Bernstein.