Wall Street's Fat Cats Are Still In Charge
Obama's stern rhetoric apparently did not move the top banking honchos who failed to show up for this week's White House meeting with the president.
Obama's stern rhetoric apparently did not move the top banking honchos who failed to show up for this week's White House meeting with the president.
Robert Scheer | Posted 11.25.2009 | Business
Why is Summers once again running the show with Geithner when both have made careers of exhibiting total contempt for the public interest? Because there's no accountability for the high rollers of finance.
Robert Scheer | Posted 11.18.2009 | Politics
The fatal hallmark of this president's financial policy is that it is being designed by the very people who created the mess that enriched them while impoverishing the nation, and they now want more of the same.
Robert Scheer | Posted 11.11.2009 | World
When Gorbachev came to power he, like Obama, inherited a war that was not in the interest of his nation. If the response of a Soviet dictator was to end it, might we not be justified in doing the same?
Robert Scheer | Posted 11.04.2009 | World
The most idiotic thing being said about America's involvement in Afghanistan is that the best way to protect the 68,000 U.S. troops there now is by putting an additional 40,000 in harm's way.
Robert Scheer | Posted 10.28.2009 | Politics
Is there a more hypocritical figure in American politics than Joe Lieberman? His threat to thwart a vote on health care legislation should be the last straw that ends his Democratic caucus connection.
Robert Scheer | Posted 10.21.2009 | Business
If only we could get one of the banking lobbyists or a Goldman Sachs executive to float away in a duct-taped flying saucer balloon, Wolf Blitzer and the rest of cable news might cover the real hoax.
Robert Scheer | Posted 10.14.2009 | Politics
The health care debate has become a convenient distraction, for both political parties, from the far more pressing issues surrounding the banking meltdown.
Robert Scheer | Posted 10.07.2009 | World
It's time to declare victory and begin to get out of Afghanistan rather than descend deeper into an intractable civil war that we neither comprehend nor in the end will care much about.
Robert Scheer | Posted 11.29.2009 | Politics
What we need is for Obama to pull a Nixon and attempt to cut a deal with Tehran as well as with competing forces in Afghanistan that meets their nationalist aspirations and our security interests.
Steven Weber | Posted 11.28.2009 | Media
At the core of the rapidly spreading division in the body politic is the fungibility of facts and the emergence of a veritable alternate reality based solely on the preservation of one's ideology.
Robert Scheer | Posted 11.15.2009 | Politics
A president has only so much capital to expend, both in tax dollars and public tolerance, and Barack Obama is dangerously overdrawn.
Robert Scheer | Posted 11.08.2009 | Politics
What if eight years ago the World Trade Center had been leveled by a small nuclear bomb that took out most of lower Manhattan as well? How many millio...
Robert Scheer | Posted 09.18.2009 | Business
Given the widespread involvement of UBS in what the Justice Department alleges were efforts to violate U.S. tax laws, it must be asked: Did Gramm have no inkling about what was going on?
Robert Scheer | Posted 09.11.2009 | Business
Why has it been left to one stellar judge to sound the alarm on Bank of America and Merrill Lynch, and why is Congress and the Obama administration looking the other way?
Robert Scheer | Posted 09.04.2009 | Business
The $33 billion in taxpayer money that executives paid themselves speaks volumes about the inefficiency of a system of rewards that has nothing to do with performance.
Robert Scheer | Posted 08.28.2009 | Business
The Chinese Communists invaded Washington on Monday demanding not that we sacrifice our freedoms but rather that we balance our budget.
Robert Scheer | Posted 08.22.2009 | Politics
There are 187 F-22s that have yet to fly a single combat mission. The news that Congress might stop production of this high-profit weapons system is a considerable victory for logic.
Robert Scheer | Posted 08.14.2009 | Business
The federal government works for Goldman and not for us. Indeed, when it comes to the banking bailout, Goldman Sachs is the government.
Robert Scheer | Posted 08.07.2009 | Politics
Whatever his better nature, it was the stark evil he perpetrated as secretary of defense that must indelibly frame our memory of him.
Robert Scheer | Posted 06.26.2009 | Politics
Bail out the banks, but not the 500,000 poor families with children served by the CalWorks program, which will be dismantled, or the 928,000 children covered by the Healthy Families program, slated for oblivion.
Robert Scheer | Posted 06.19.2009 | Business
How much do you know about the BlackRock hedge fund? Better bone up fast, now that the folks at BlackRock are calling the shots in the government's trillion-dollar bailout program.
Robert Scheer | Posted 06.12.2009 | Politics
By acquiescing to the cover-up of unpleasant truths in the treatment of prisoners, Pelosi contributed to the betrayal of the ideal of public accountability that is the bedrock of our system of governance.
Robert Scheer | Posted 06.05.2009 | Business
We are so inured to tales of business corruption that even a devastating exposé in The Wall Street Journal no longer shocks us.
Steve Parker | Posted 06.02.2009 | Media
Here's some good automotive news for a change: The Danica Patrick IndyCar racing juggernaut keeps rolling along. And just in time for the biggest auto race of the year.
Robert Scheer | Posted 12.16.2009 | Business