Recent research by Ralph Whitehead at the University of Massachusetts goes a long way toward explaining why a significant portion of the electorate was so anxious for change on election day. For the 70 percent of working Americans who do not have a college education, prosperity has been disturbingly beyond...

The mendacity of the Republican Senate's decision to scuttle a bail out of Big Three automakers is only surpassed by their venality in trying to finger the UAW as the culprit in the piece. There is little question that management at the Big Three has been clueless for years, but...

A recent Huffington Post piece by high ranking Obama campaign strategist Steve Hildebrand urged that progressives stop calling out some of the president elect's appointees as fellow travelers of the Clinton era triangulators, and suggested in effect that progressives give progress a chance -- a mild protest that might easily...

French President Nicolas Sarkozy recently made a blunt pronouncement that the incoming Obama administration would be well advised to take to heart. "Once the factories go," he said, "everything goes."

With America's industrial sector going bust at an alarming rate, Sarkozy's prophecy could prove the biggest impediment to the...

An analysis of the bailout deals Treasury Secretary Henry Paulson has been cutting with taxpayer dollars reveals he's giving the culprits who created the nation's credit crisis what amount to sweetheart deals, including what one outraged critic calls a $5-billion "gift" to Goldman Sachs, the firm Paulson headed before joining...

The sensible reaction to last week's Congressional testimony by former Federal Reserve Board Chairman Alan Greenspan is: beware of deregulators bearing contrition.

The high rollers whose Wall Street casinos Greenspan heralded for years are unlikely to surrender their latter-day Deadwood without a fight. Indeed, Greenspan's testimony is more likely...

Whoever is elected president on November 4th faces a "honeymoon" so troubled that he may sue for annulment before it's over.

Politicians seldom relish dealing with harsh realities, let alone dire economic straits. More often than not, they make tough choices only grudgingly, like the equivocating character in a Woody...