Category: Economy

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Feeding the Military-Industrial Complex

The U.S. Navy variant of the F-35 Joint Strike Fighter in a test flight over the Chesapeake Bay. [Defense Department photoe]

Exclusive: Because he had commanded Allied forces in World War II, President Eisenhower understood the excesses of the war industry and warned Americans about the dangers of the military-industrial complex, a force that continues to siphon off tens of billions…

Lobbying’s Mile-High Plateau

Mr. Moneybags from the "Monopoly" game

Special-interest money in Washington may have peaked but it looks more like it has plateaued at mile-high altitudes, with hundreds of millions of dollars continuing to fill the coffers of lobbying firms each year as they sign up ex-members of…

A Step Toward Campaign Transparency

President Barack Obama walks with Chief of Staff Denis McDonough on the South Drive of the White House, Jan. 25, 2016. (Official White House Photo by Pete Souza)

President Obama has called government “transparency” vital for a democracy. But, in practice, he has favored secrecy, keeping key foreign-policy facts away from Americans (all the better to manipulate them) and even balking at a rule requiring government contractors to…

A Crazy Establishment Demands ‘Sanity’

David Brooks, conservative columnist at The New York Times.

Exclusive: As support grows for anti-Establishment candidates Bernie Sanders and Donald Trump, a frantic Establishment is demanding that Americans “stay sane” and vote for one of its approved candidates. But is it sane to follow advice that has led to endless wars and…

Spinning US Voters to Stay Passive

Vermont Sen. Bernie Sanders, who is running for the Democratic presidential nomination.

As public anger toward America’s self-interested establishment bubbles into a boil, the mainstream media has grown frantic appealing to the masses to “stay sane,” reject populism — especially Bernie Sanders’s variety — and renew the establishment’s lease on the White House,…

Betting on the Wall Street Crash

The-Big-Short-teaser-poster1-e1445275948938

Exclusive: The 2008 Wall Street crash resulted from a combination of unrestrained greed and political contempt for government regulators who might have prevented the devastation. In The Big Short, the tale is told from the perspective of a few players…

Panicked Over the Trump Phenomenon

Billionaire and Republican presidential candidate Donald Trump.

America’s conservative establishment is in panic mode as renegade billionaire Donald Trump continues to dominate the Republican presidential race and thumb his nose at the GOP donor class, which is alarmed that all its money might not dictate the outcome…

Merkel’s Power Shaken by Refugee Crisis

President Barack Obama at a news conference with German Chancellor Angela Merkel on June 19, 2013.

German Chancellor Angela Merkel, Time magazine’s “person of the year” in 2015, is facing her biggest political crisis as her welcoming of Mideast refugees has troubled and angered many Europeans, raising the possibility that Merkel’s days as the Continent’s undisputed…

Toward a More Subtle US Foreign Policy

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)

Largely because Israel’s right-wing government now considers Iran the great enemy and has a fonder view of Saudi Arabia, U.S. politicians and media have followed that lead, decrying Iranians and tolerating Saudis, but such simplistic thinking does not serve American…

MLK’s Warning of America’s Spiritual Death

Martin Luther King Jr. memorial in Washington, DC.

From the Archive: A year before his death, Rev. Martin Luther King Jr. broke with many political allies by warning that the Vietnam War was inflicting a “spiritual death” on America, casting King outside mainstream opinion circles which called his advice naive…