Some of the ultra-rich who backed Barack Obama in 2008 are switching to Mitt Romney in 2012 because the President has called for closing tax loopholes that allow hedge-fund and private-equity billionaires to pay lower tax rates than working stiffs, Bill Moyers and Michael Winship write.
As international talks begin over Iran’s nuclear program, President Obama has put forward an Israeli demand for the dismantling of a well-protected uranium processing plant, but it’s less clear whether Obama will press the point if it means killing hopes for a peaceful settlement, Gareth Porter reports for Inter Press Service.
Exclusive: Iran is resuming talks over its nuclear program with leading international powers – the United States, Britain, Russia, China, France and Germany – with the prospect of an agreement to swap some enriched uranium for research isotopes. But a similar plan was torpedoed by U.S. neocons in 2010, recalls Robert Parry.
Historically, ardent Christians have been among the most bloodthirsty of religious believers, justifying wars and genocides around the world, ironically, in the name of Jesus, an avowed pacifist. Now, many devout Christians rally to Israel’s side in its ethnic cleansing of Palestinians from the Holy Land, Lawrence Davidson notes.
Exclusive: Both the mainstream U.S. press and some on the Left underestimate the danger to the Republic from having a Republican majority on the Supreme Court rendering decisions based on partisan needs not constitutional principles, a threat that surfaced in December 2000 and continues today, writes Robert Parry.
Less than four years after precipitating a devastating financial crisis – and getting bailed out by taxpayers – the big banks are looking to Election 2012 as a chance to roll back even modest reforms, like the Volcker Rule, that reined in Wall Street gambling, as Bill Moyers and Michael Winship explain.
Exclusive: Many in the Washington Establishment – including key parts of the press – fancy themselves doing what’s “good for the country” by shielding Americans from painful realities, like the emerging crisis over a partisan-driven Supreme Court. But the hard truth, not easy lies, is what’s best for the nation, says Robert Parry.
As Americans struggle with their tax returns, they are reminded how skewed the tax system has become, with multi-millionaires who live off investments paying a lower rate that middle-class people who go to work every day, a situation that Danny Schechter says deserves protest.
Exclusive: President George W. Bush not only botched the Afghan and Iraq wars but he bungled his “dead or alive” pursuit of Osama bin Laden, assuring al-Qaeda’s leader nine more years of life and the opportunity to father four more children with his 20-something third wife, Robert Parry writes.
Exclusive: The negative tone of the Republicans on the U.S. Supreme Court suggests that the Affordable Care Act, with its individual mandate to buy health insurance, may be overturned as “unconstitutional” by a partisan 5-4 vote. But key Founders had a less hostile view toward mandates in 1792, as Robert Parry reports.