Category: Economy

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Obama Keeps Pentagon Spigot Open

President Barack Obama on the campaign trail. (Photo credit: barackobama.com)

Though he ran for the White House as a “change” candidate, President Obama has mostly favored continuity, including bending to the usual pressure from the Military-Industrial Complex to keep the Pentagon spending flowing, as budget watchdog Chuck Spinney explains.

Paul Ryan’s Same Ol’, Same Ol’

Rep. Paul Ryan, with Republican presidential candidate Mitt Romney, speaking to a crowd in New Hampshire. (Photo credit: mittromney.com)

The mainstream media is selling House Speaker-in-waiting Paul Ryan as someone who can bring some order to Congress, but it’s likely to be the same old status quo of influence-peddling that has infuriated Americans across the political spectrum, write Bill Moyers…

Secrecy of Obama’s TPP Trade Deal

President Barack Obama talks with Secretary of State John Kerry and National Security Advisor Susan E. Rice in the Oval Office on March 19, 2014. (Official White House Photo by Pete Souza)

The “free trade” advocates managed to jolt the Trans-Pacific Partnership agreement back to life and declared success, but now must walk the giant TPP trade deal past the Congress and other legislatures. Michael Winship explains why he thinks the “monster” should…

Reflections on ‘Deep Poverty’

A classic photo of a poor mother and children in Elm Grove, California, during the Great Depression. (Photo credit: Library of Congress)

The Constitution’s Framers set as one of the new government’s priorities providing for the “general Welfare,” but that progressive mandate was soon swept away by slaveholders and industrialists who shaped America into a “me-first” society amazingly tolerant of “deep poverty,” as…

US Tax Dollars and Ukraine’s Finance Minister

Ukrainian Finance Minister Natalie Jaresko.

Special Report: Though touted as the face of reform inside Ukraine’s post-coup regime, Finance Minister Natalie Jaresko enriched herself at the expense of a U.S.-taxpayer-financed investment fund and USAID now says it’s missing some of the audit records detailing Jaresko’s…

Selling Access to Pope Francis

Pope Francis

As much as Pope Francis criticized hyper-capitalism’s cruelty to the poor and the middle class, it was business as usual for the Catholic Church bureaucracy, selling access to the Pope’s events with front-row seats going to well-heeled benefactors, notes Michael Winship.

Giving Up the Global-Cop Badge

A U.S. Army soldier provides security at a school in Farah City, Afghanistan, on Aug. 1, 2012. (Photo credit: U.S. Navy Lt. Benjamin Addison)

Official Washington is fuming over Russia’s expanded military role in helping Syria fight the Islamic State and Al Qaeda (as if the U.S. has been doing such a crack job). Instead, the U.S. should retreat from the unpopular job of global policeman, says…

Decline of Western Ethnic States

Flag of the European Union.

The neocon-driven wars in the Middle East have unleashed a demographic tidal wave on Europe, the arrival of refugees from Syria, Iraq, Afghanistan, Libya and other war-torn countries. Despite political resistance, this flood inevitably will reshape the Continent’s ethnic character,…

The Sneering at China’s President Xi

China's President Xi Jinping.

In mainstream U.S. media, it’s always a “safe play” for pundits to sneer at foreign leaders and countries that interfere with American hegemony, thus guiding the public toward unnecessary hostilities, a phenomenon now playing out in the treatment of China and President Xi, writes…

GOP Vexed over Pope on Climate Change

Image of Planet Earth taken from Apollo 17

In the pocket of the oil industry, key Republicans continue to sow doubts about the science on climate change, an attitude that may extend to their annoyance with Pope Francis if he raises the issue when he addresses Congress, as Michael Winship…