The federal debt "crisis" is undermining the stability of the U.S. economy and must be ended quickly.

Thus, the president needs to immediately exercise his executive responsibilities under the 14th Amendment to the Constitution, which provides,

"The validity of the public debt of the United States, authorized by...

The British hacking scandal and the U.S. federal debt crisis are revealing who really governs these two countries.

The British scandal reveals that Rupert Murdoch, the global media mogul, has intimidated the British government for years. Top officials in Scotland Yard even helped Murdoch's son and employees cover...

The 'birther' controversy is one of those political myths that just will not go away.

Missing in the debate is the fact that the president's mother was a U.S. citizen and his birth meets the statutory requirements to make him a natural born citizen Constitutionally eligible to be president,...

The big banks are still mugging America. They do so because they can, and they can because they pour tens of millions of dollars into our Presidential and Congressional elections.

Their political contributions politically exempt them from our criminal laws and serious regulatory oversight. As William Grieder notes...

Given a choice between cutting spending and reforming our tax system, the President and Congress have taken the easy road of spending cuts. Yet poll after poll reveals that the American people want programs targeted for cuts such as Head Start, Medicare and aid to the elderly. The real problem...

President Obama took a political swing through the Western United States in mid-February and was a guest of Intel and several other Big Tech corporations. On February 18, he went to an Intel facility and spoke with the employees about what his Administration is doing about "Winning the Future."

He...

Protecting the assets of the super rich seems to be the primary goal of the Senate Republicans and President Obama in this lame duck session of Congress.

The tax package that the Senate will consider this week would give 25 percent of its benefits to only 2 percent of...

Ironically, the Obama Administration and Secretary of State Hillary Clinton in particular are the primary beneficiaries of Wikileaks' release of 250,000 US diplomatic cables. Certainly, this was not Wikileaks intention but that is the effect.

The cables reveal a State Department operating near top form and clearly in the best...

Independent American inventors are becoming an endangered species. The numbers tell the story. In 1980, independent American inventors received 16 percent of U.S. patents granted. In 2000, it was 10 percent and in 2009, it was only 5.3 percent - a two-thirds drop in 30 years. This trend...

The last time the Democrats had control of both Houses of Congress and the Presidency was in 1995 and it may be at least that long before they win the Big Trifecta again.

Consequently, the panic of those scrambling to get on the last American helicopter out of Saigon is...

Taxpayers will soon be asked to bailout our largest banks -- again.

This time the public monies are needed to clean up the foreclosure mess created by the same bankers who melted the global financial system during the Bush years.

In their haste back then, the banks were careless...

Under pressure from several state attorney generals, Bank of America has halted mortgage foreclosures in the 23 states that require court approval. So too, have Ally Financial (formerly GMAC) and JP Morgan Chase. Other banks are likely to do the same.

While Bank of America refuses...

More than 25 million American workers want a job, but the economy is not providing them one. The President's proposed solution is to provide more than $50 billion of additional infrastructure investment and more than $100 billion in tax breaks for businesses in the hope that the benefits will trickle...

The federal budget deficit is the Number One political topic in Washington this summer. The Keynesians want to raise it as a means of avoiding another economic dip. Hard conservatives are trying to use it as a means to shred the social safety net that FDR, LBJ and Barack Obama...

President Obama and his advisers are hinting that they may ask Congress to supplement the existing corporate and personal income taxes with a national Value-Added Tax (VAT) - a tax on consumption. The reaction has been quick, venomous and misleading.

Missing in that criticism is any recognition that VAT-based...

America's largest big tech corporations are now using a business technique called "efficient infringement," which means that they calculate the benefits of stealing someone else's patented technology against the possibility of getting caught, tried in court and being forced to pay damages and penalties. If the benefits exceed the costs,...

Henry M. Paulson, former CEO of Goldman Sachs and Treasury Secretary during the recent collapse of the global financial system, has written a lucid account of that crisis titled On the Brink.

Paulson gives an "I-was-there" account of how a few cracks in the financial system expanded into a global...

All of us know how the big Wall Street banks made a mess of Main Street. They gambled recklessly with money deposited by individuals and small businesses, lost a bundle, and then turned to U.S. taxpayers for an economy-busting bailout. Now, to top it off, they refuse to lend money...

In 1993, Senator Patrick Daniel Moynihan (D-N.Y.) wrote an article that described how U.S. society was "defining deviancy down." Nowhere is this more evident than in the conduct of our national elections which are increasingly lawless.

The recent Supreme Court decision (Citizens vs. FEC) worsens an already rotten campaign...

One of the more bizarre conversations that I have ever had was with Texas oil baron, H.L. Hunt, in 1960. I met him, of all odd places, at the General Exhibits Building at the Texas State Fair in Dallas. I was a college sophomore and Hunt, one of the world's...