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.
There aren't too many genuine heroes to come out of the banking disaster, but Armando Falcon is one of them--and had he been listened to, a significant part of the housing crisis could have been mitigated.
At last, a believable sighting of that peace president many of us thought we had elected. Give Barack Obama credit, big time, for the startling progress he has made in tempering the threat of nuclear annihilation.
Republicans sure know how to make Barack Obama look good. What are they going to do now, threaten to repeal a law that forces insurance companies to cover the sick?
If you think healthcare reform has been an unsatisfying test of the government's ability to deal with our pressing problems, brace yourself for bigger disappointment in its attempt to bridle Wall Street.
What a shame that the one movie about the Iraq war that has a chance of being viewed by a large worldwide audience should be so disappointing.
How convenient that seemingly everyone in the liberal blogosphere, and even at many points to the right, got to use Senator Jim Bunning as a scapegoat.
Banks do have a license to steal. There is no other way to read Tuesday's report from the New York state comptroller that bonuses for Wall Street financiers rose 17 percent to $20.3 billion in 2009.
"What is this Goldman Sachs and why has it caused us so much grief?" is a question they must be asking in even the most remote of Greek villages, as they are throughout much of this economically troubled world.
"Buyer's remorse" is the way John Cornyn, the Senate Republicans' fundraiser, gleefully refers to Wall Street moguls' current disenchantment with the US president they thought they had bought.
Obama's endorsement of what he calls the 'Volcker Rule' for once puts him squarely on the side of ordinary Americans as opposed to the banking bandits who have so thoroughly fleeced the public.