Money, observed the witty British thinker Malcolm Muggeridge, is the homogenized form of power. No more money, no more power.
The great imperialist ...
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It was the right-wing Republicans who prevented the success of yesterday's publicly unpopular bailout -- and ironically, it will be the fortunes of the right that suffer most as a result. Here's why.
If we don't use this crisis as an opportunity, the pigs at the trough certainly will -- as they did after 9/11, and as Paulson and his gravediggers have been doing for the past few weeks.
So, how did we get a war inside the Republican party that may leave the economy in shambles? Look to the end of last week, when McCain made his odd Washington cameo.
I don't blame John McCain for not rounding up enough Republican votes to get this bailout bill through the House of Representatives--he's not a member...
As an American typically ignorant of the arcane ways of the financial wizards, what was missing for me in the scare talk last week was somebody who could put the danger in concrete terms.
This week Congress did the one thing I never would have expected: the members of Congress lived up to their responsibilities. In both houses, in both parties.
This proposal is an unacceptable attempt to force middle income families to pick up the cost of fixing the horrendous economic mess that is the product of the Bush administration's deregulatory fever and Wall Street's insatiable greed.
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