Robert Scheer, a contributing editor to The Nation, is editor of Truthdig.com and author of The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street (Nation Books), The Pornography of Power: How Defense Hawks Hijacked 9/11 and Weakened America (Twelve) and Playing President (Akashic Books). He is author, with Christopher Scheer and Lakshmi Chaudhry, of The Five Biggest Lies Bush Told Us About Iraq (Akashic Books and Seven Stories Press.) His weekly column, distributed by Creators Syndicate, appears in the San Francisco Chronicle.
It is amazing that folks like Gene Sperling and William Daley, the very people who created this banking meltdown, are rewarded with ever more important positions in our government.
The value of the Davis example, as with the parade of Wall Street hustlers so prominent among the Clintonistas, is that his greed has broken his cover.
Two years into the Obama presidency, with the economic data looking grim, the revolving platinum door linking the White House with Wall Street keeps swinging.
One of “the best and the brightest” died last week, and in Richard Holbrooke we had a perfect example of the dark mischief to which David Halberstam referred when he authored that ironic label.
The sight of Bill Clinton back at the White House podium defending tax cuts for the super-rich was more a sick joke than a serious amplification of economic policy.
It is outrageous for any journalist, or respecter of what every American president has claimed is our inalienable, God-given right to a free press, not to join in Assange’s defense.
Hillary Clinton should confront the unpleasant truths the cables reveal about US foreign policy and her own troubling directive that our diplomats should spy on their foreign colleagues.
Welcome to the brave new world of post-bailout capitalism.
Former Citigroup CEO Sandy Weill, whose push for radical deregulation of the banking industry did so much to create our financial crisis, seems to be faring quite well in our shattered economy.
It takes a Harvard MBA to raze an economy. Perhaps that is too narrow a judgment given that a law degree from that institution or from Yale University seems to serve as well.