Congressional Republicans are eager to ladle more subsidies onto agribusinesses while slashing, if not eliminating, food stamps for the poor, a twisted version of America’s own “Hunger Games,” writes Michael Winship.
If U.S. budget gridlock had not ground rational thought to a standstill, creative options for revising the tax code might be possible, such as a tax on stock transactions to raise money and discourage micro-second trades. Another option would be a toll tax on money movement, as ex-prosecutor William John Cox suggests.
Neocons won’t give up on involving the U.S. in more Mideast wars and are hard at work derailing negotiations on Syria and Iran’s nuclear program. Right now, the chief target is President Obama’s bid to reduce tensions with Iran, drawing resistance from hardliners on both sides, writes ex-CIA analyst Paul R. Pillar.