Until the Great Crash of 1929, the federal government did little to regulate the power of Wall Street as it precipitated cycles of boom and bust that ruined the lives of many Americans. That history is now being forgotten as Republicans move to dismantle what’s left of the New Deal, says Lawrence Davidson.
In picking House Budget Chairman Paul Ryan for the vice presidential slot, Mitt Romney signaled a disinterest in filling his own gap in foreign policy experience – as well as a likely avoidance of international affairs as a major topic in the presidential race, observes ex-CIA analyst Paul R. Pillar.
Exclusive: Mitt Romney and Paul Ryan were quick to assure U.S. seniors that they will be grandfathered in to today’s Medicare – even if younger Americans get stuck with an inferior system – a bet that the selfishness of “greedy geezers” will grease the way to a Republican victory, writes Robert Parry.
In 2012, the political descendants of America’s Know-Nothings demonstrated that they had seized control of the Republican Party, which for much of the past six decades has held the White House and looks to reclaim that immense power again, as Lawrence Davidson explains.
Exclusive: The U.S. press corps is lathered up over the “tone” of Campaign 2012, insisting on a more high-minded discourse. But these journalists are unwilling to make distinctions between legitimate questions about the presidential candidates and distortions in some of the ads, Robert Parry writes.
Exclusive: Mitt Romney is running the most secretive presidential campaign in modern U.S. history. He won’t give details on his policies, his principles, his business record at Bain Capital, or his tax returns. Yet, his cover-ups have found a surprising ally, the Washington Post, reports Robert Parry.
From Editor Robert Parry: The slow pace of our mid-year fund drive has forced us to delay two key investigations that could affect Election 2012. One is whether Mitt Romney’s secretive business activities crossed over into money-laundering. The second is the deal that Rupert Murdoch struck with Republicans three decades ago.
As Iran becomes a political football in Campaign 2012 – with President Obama and Mitt Romney competing to kick it the hardest and farthest – there is talk about Iran’s failure to meet its “international obligations” but little thought about what that means, notes Danny Schechter.
The twin existential threats of nuclear weapons and global warming may work together to end life on Earth because climate dislocations will make desperate national confrontations more likely. But the world’s politicians are doing little about either, writes Robert Dodge.
With U.S. politics locked in a competitive “tough-guy-ism” – as Republicans and Democrats up the ante on punishing Iran to avoid being deemed “weak” or insufficiently “pro-Israel” – no one seems to notice that the tactics are fast becoming an end in themselves, observes ex-CIA analyst Paul R. Pillar.