Tag Archive for Michael Winship


The Unfinished Drama of Watergate

President Richard Nixon, speaking to the nation on Aug. 8, 1974, announcing his decision to resign.

Four decades ago, Richard Nixon resigned, making him the first U.S. president in history to quit the office, the result of two years of a spreading scandal known as Watergate. But many Watergate reforms aimed at limiting the power of money over politics were short-lived, as Michael Winship observes.

Are US Banks Still ‘Too Big to Fail’?

President George W. Bush speaks on the phone in the Oval Office, Oct. 7, 2008, with Prime Minister Gordon Brown of the United Kingdom, discussing efforts to solve the spreading global financial crisis. (White House photo by Eric Draper)

The U.S. economy’s long slog back from the 2008 financial crisis has tried to ignore the looming question of whether a repeat is likely. Some economists think the Dodd-Frank reforms have largely ended “too big to fail” risk-taking but others aren’t so sure, as Michael Winship notes.

GOP Madness Surfaces in Texas

Texas Gov. Rick Perry greeting voters during his ill-fated run for the Republican presidential nomination.

The Tea Party extremism boiling from beneath the Republican Party bubbled to the top in the GOP’s Texas state platform revealing ugly bigotries and a frantic know-nothing-ism, writes Michael Winship.

A Monte Python Circus of Money

British Prime Minister David Cameron.

The City of London is the UK’s Wall Street, not only in the sense that both are financial centers but they also serve as an intersection for money and politics, especially with the Conservative Party putting access to prominent politicians up for sale to the highest bidder, as Michael Winship recounts.

How DC Insiders Help Wall Street

Former House Majority Leader Eric Cantor, R-Virginia, who was defeated in a GOP primary by a Tea Party challenger.

For years, the Washington-to-Wall-Street axis has sent campaign donations south to influence the shaping of financial legislation but the pipeline also has flowed the other way, shipping “actionable” insider information north to help stock traders, a scam examined by Michael Winship.

The Wisdom of Lawrence of Arabia

Thomas Edward Lawrence, better known as Lawrence of Arabia, a British intelligence officer who recruited Bedouin tribesmen during World War I.

A century ago, during World War I, a British intelligence officer known as “Lawrence of Arabia” deeply understood the Mideast and saw hope for rational politics, but Western imperial ambitions intervened to ensure regional instability, as Bill Moyers and Michael Winship recall.

The Money Behind the Gun Madness

Wayne LaPierre, executive vice president of the National Rifle Association.

Since the American Right succeeded in reframing the Framers’ “well-regulated militia” context for the Second Amendment, gun madness – punctuated by frequent mass slaughters – has become the U.S. nightmare. But the real motivation is money, says Michael Winship.

Too Many VA Delays, Too Many Wars

Graves at Arlington Cemetery

The scandal about excessive waiting times for U.S. veterans to get medical coverage is a fresh reminder about the delayed costs from the wars in Afghanistan and Iraq, indeed from the excessive use of the American military, as Michael Winship reflects on the message from Memorial Day.

Two Paths toward the Net’s Future

Tom Wheeler, chairman of the Federal Communications Commission.

The battle lines over “Net neutrality” are taking shape, between an approach that would let providers offer pricier fast lanes and an alternative plan that would regulate the Internet as a utility to protect consumers, reports Michael Winship.

The ‘Net Neutrality’ Fight Heats Up


The battle over the FCC’s plans for limiting “Net Neutrality” – and giving a speed advantage to the people who can pay a premium – is heating up as protesters bring the fight to Washington, writes Michael Winship.