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.
The current crisis of American democracy centers on the craziness that has engulfed the Republican Party, once considered home of the responsible “adults” but now more like an island controlled by nasty and destructive adolescents, as Beverly Bandler explains.
Exclusive: Some on the Right like to compare the Affordable Care Act to slavery, apparently to get under the skin of Barack Obama, the first African-American president. But the glib talking point also reveals a callous disregard for slavery’s evils, which popular culture is finally addressing, writes Robert Parry.
Exclusive: Early U.S. presidents warned against the dangers of “entangling alliances,” prescient advice that the neocons want President Obama to ignore amid demands from Israel and Saudi Arabia that America tie itself up in the endless and bloody sectarian conflicts of the Middle East, reports Robert Parry.
Neocons across Official Washington equate “credibility” with taking military action against some country that won’t bend to America’s will. But true credibility for the U.S. government can come from taking measured and responsible approaches to international disagreements, writes ex-CIA analyst Paul R. Pillar.
The fossil-fuel industry has invested billions of dollars in propaganda – funding phony “scientists” and bankrolling politicians – to confuse the public about the threat from global warming. The deception is aided and abetted by the mainstream media’s misguided “balance,” as Dan Becker and James Gerstenzang explain.
Exclusive: Republican mega-donor Sheldon Adelson urged the United States to coerce Iran by dropping a demonstration nuke in the desert followed by a blackmail threat that the next one would obliterate Tehran. But this idea of genocide-extortion has drawn no official U.S. condemnation, says Robert Parry.
While many reformers have focused on money in politics, a parallel danger comes from the billions of dollars that right-wing ideologues have poured into media. The likes of Rupert Murdoch have made an art form out of peddling “populism” that serves the financial elites, as Bill Moyers and Michael Winship note.