Robert Reich, one of the few economists around who makes sense, asks if it is time to call it a depression.
Today’s employment report, showing that employers cut 533,000 jobs in November, 320,000 in October, and 403,000 in September — for a total of over 1.2 million over the last three months — begs the question […]

America was headed for an economic crisis September 10, 2001. A president with little popular support, no overt agenda, owned by the religious right, an economy in a spindrift because everything good put in place by middle-of-the-roaders was being dissembled and pillaged. Then the planes hit the buildings. If that didn’t happen, the Titanic would […]

As you watch the value of your 401K shrink before your eyes today, make yourself feel a wee bit better reading Rick Perlstein, who suggests that Barack Obama, if he can manage to win the election, might have a legislative opening similar to FDR’s in 1932 and LBJ’s in 1964—crises to deal with, public support […]

Stepping to the forefront in the name of public service is the right thing to do. Perfectly tailored physical specimen maybe even drinks the same liquid diet stuff some of the Skins and the Bears do to stay on top of their game. Everybody knew that Shrubby couldn’t run a business. And Lord Cheney knows […]

The bailout bill contains this passage
Sec. 8. Review.
Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency .
Is there anything else you need to know? They get everything, do whatever they want […]

Thomas Frank, author of What’s The Matter With Kansas, has scored a regular Wednesday column with the Wall Street Journal. Yeah, go figure.
He tells us
Now comes the fall culture-war offensive, catching the Democrats by surprise as it always does and spreading panic and desperation among their ranks. As the depth of the […]

With the resignation of Admiral Fallon, some people have become worried that America will attack Iran. However, I am sitting here in Tokyo, on the TV news, the yen has dropped below 100 yen to a dollar for the first time in 12 years, and is still in free fall. The last I […]

and harrrumphing over the negligible differences between Obama and Hillary, the all-out assault on America continues. The rule of law took another hit thanks to the spineless wonders we call, “Mr./Ms. Senator,” on the FISA vote. They kicked it to the House so they can do the dirty work and in the […]

While Cheeseheads revel behind Lambeau Field, eating Johnsonville Brats off the tailgates of their 11 mpg Chevy Tahoe SUVs, there is growing bi-partisan support for upping the federal tax on gasoline as much as a buck a gallon before the start of the NFL’s next season.  You might forget who won the Super Bowl by that time, but you […]

by Sasha
I am not going to blame this particular mess on all conservatives or even all Republicans, even though a series of Republican Congresses certainly have enough blood on their hands to be noticed. But the Democrats who meekly said “Yes Sir” throughout are quite as culpable.
I could easily spend 10,000 words on […]