America: The Sick Man of the Western Hemisphere
America has become the Sick Man of the Western Hemisphere, an economic cripple like the defunct Ottoman Empire whose inept financial management was legendary.
America has become the Sick Man of the Western Hemisphere, an economic cripple like the defunct Ottoman Empire whose inept financial management was legendary.
The simple truth is that when American corporations pursue profit -- successfully or not -- as long as they stay within the law, they are functioning exactly as we designed them to.
If one just looked at the numbers, President Obama's first year in office would have to be rated a huge success. Ultimately though, the large number of small accomplishments did not shape public perception.
By Zach Carter, Media Consortium Blogger On Feb. 1, President Barack Obama unveiled his 2011 budget proposal. While conservative pundits reacted with ...
Last year, the US dollar was the butt of monetary jokes. But now, in a moment of cosmic irony, some global investors are now fleeing to the relative safety of the US dollar.
As the administration seeks to transform the President's rhetoric on jobs into the reality of effective government policy, it needs to get beyond the political and the theoretical and to get into the head's of the nation's thousands of CEOs and business owners. While all of us should appeal to these leaders' better angels, they are also entitled to policies that provide the economic and commercial certainty they need now in order to robustly re-invest in their companies and the welfare of America's workers.
Our elected representatives (and much of our media) are afraid to look this crisis in the face and talk straight about how to solve it.
Will the rich nations of the EU live up to their vows and come to the rescue of troubled Greece? Will the EU allow a new suitor, the IMF, to come to the rescue?
If Moore announced his candidacy for the Democratic nomination now, and followed up that announcement with a vigorous campaign focused on the struggles of rank-and-file Democrats, it would re-mobilize rank-and-file Democratic activists.
Time to take back "populism" from Teabaggers and Palinites who've kidnapped it to only mean less government and taxes. Democrats need to define a phrase and philosophy that tells Independents we're on your side.
The lethal combination of Wall Street's economic domination and the Tea Party's hatred of all things government is likely to overwhelm most other progressive causes. We need our own movement.
The big banks face a choice. They can agree to sensible reforms that protect consumers and rein in the excesses of the past decades. Or they can simply decide to screw customers, but do it openly this time.
The U.S. Department of Justice has been forced to pay the legal fees incurred by the American Small Business League (ASBL), after the ASBL substantial...
While there was much to mock about the Tea Party convention: the low turnout, Tom Tancredo's immigrant bashing and Sarah Palin's keynote lite, it would be a huge mistake to dismiss the movement that led to the event.
The necessity for a radical change in Russia's economic development paradigm has become clear in recent years, with President Medvedev responding forcibly.
Placed in a broader context, the front page story The New York Times is even more damning of Goldman Sachs than readers might realize. Goldman played...
Creating or saving jobs is a requirement for commercial real estate borrowers that use the U.S. Small Business Administration's 504 program.
If "no brainer" reforms like bankruptcy reform and student loan reform can't make it through a Democratic controlled Congress, how will more fundamental reforms of the financial system fare?
The American fascination with "home" had always been rooted in some idea of the life one could build there. Then at some point, ideas changed -- and so did the words that went with them.
The reality is that we have an unemployment crisis today, not a deficit crisis. The only crisis related to the deficit is that people with vast sums of money have been able to use that money to make the deficit into a crisis.
Our series of orgiastic futures in America has broken through one final horizon. We are surprised to be confronted by the actual future and it is nothing like how we marketed it.