“Prejudice and discrimination still sit, defeated, dormant, or virulent, somewhere in the soul of each white man in this country.” So said MSNBC’s Keith Olbermann on his show Countdown last Monday. Racism, apparently, still lives in America. Discrimination is still all around us in so many ways, openly re-directed toward immigrants who are doing nothing […]
Vice President Joe Biden appeared on NBC’s Meet the Press Sunday to respond to some of his predecessor’s recent criticism of President Barack Obama. At least four times, Biden stressed that Dick Cheney was trying to “rewrite history”. “He either is misinformed or he is misinforming.” Contesting President Obama’s alleged “softness” on terror, Biden claimed […]
In spite of continued appeals to bipartisanship, the Democrats finally seem to realize that their opposite numbers aren’t interested in compromise.
The Russians object to American plans to build a missile shield in Eastern Europe.
The European Council president promised to provide “determined and coordinated action” to Greece if needed.
Former Speaker of the House Newt Gingrich appeared on The Daily Show to explain what’s wrong in modern day American politics.
Democrats are pushing for the creation of a dedicated consumer protection agency in the financial sector.
The world’s largest automaker recalls millions of vehicles and proves that corporate responsibility needs no bureaucrats or anti-business statues.
By filibustering administration nominees for top-level jobs, Republicans are playing “games” while the nation is under threat.
Paul Volcker, former head of the Federal Reserve (1979-1987), currently serves as chairman of the Obama Administration’s newly formed Economic Recovery Advisory Board. Volcker is widely credited with ending the stagflation crisis of the 1970s through aggressive government action and was allegedly fired by President Ronald Reagan when he refused to go along further with […]
Speaking to House members of the Republican Party in Baltimore, Maryland this Friday, President Barack Obama defended the measures which his administration has enacted over the past year as cameras rolled. The president took questions, corrected misstatements and blamed Republicans for distorting the true intentions and effects of his policies. So successful was his performance […]
One of the stated goals of President Obama’s Financial Crisis Responsibility Fee is to reduce the size of financial institutions. Ideally, his administration would like to do some modern trust busting to make sure that banks won’t ever be “too big to fail” again. Who decides when a bank is “too big”? The same government […]
While Japan continues to linger in economic trouble with little hope for imminent recovery, Prime Minister Yukio Hatoyama forced his 77 year-old finance minister Hirohisa Fujii to resign last week and had him replaced with Naoto Kan, a former civic campaigner against government corruption with virtually no experience in economics. Behind the screens Ichirō Ozawa, […]
China seeks to increase trade and investment with its Southeast Asian neighbors.
Last time we reported on Japan’s lingering in economic trouble, we identified decades of government interference as the cause of much of the country’s modern-day hardship. With the Democratic Party in power after years of Liberal Democratic leadership, there was reason to hope that the former would undo part of the Keynesian measures the latter […]
