
Attorney General Eric Holder, who recently said that some banks are too big to prosecute. (Reuters/Jonathan Ernst.)
Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.
Bipartisan agreement in Washington usually means citizens should hold on to their wallets or get ready for another threat to peace. In today’s politics, the bipartisan center usually applauds when entrenched interests and big money speak. Beneath all the partisan bickering, bipartisan majorities are solid for a trade policy run by and for multinationals, a health-care system serving insurance and drug companies, an energy policy for Big Oil and King Coal, and finance favoring banks that are too big to fail.
Economist James Galbraith calls this the “predator state,” one in which large corporate interests rig the rules to protect their subsidies, tax dodges and monopolies. This isn’t the free market; it’s a rigged market.
Wall Street is a classic example. The attorney general announces that some banks are too big to prosecute. Despite what the FBI called an “epidemic of fraud,” not one head of a big bank has gone to jail or paid a major personal fine. Bloomberg News estimated that the subsidy they are provided by being too big to fail adds up to an estimated $83 billion a year.
Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.
This week marked the tenth anniversary of the Iraq invasion and the beginning of a war that The Nation opposed fiercely and early on. Running scores of articles and editorials against the misguided mission, our writers sought to create an intelligent dialogue around the issue and provide alternative policies to move us forward in a more peaceful way.
The Nation’s first editorial on the subject ran on June 20, 2002: “War on Iraq Is Wrong.” In clear and certain terms, the editors outlined the glaring weaknesses in the administration’s argument for war and its obtuseness over the consequences of invasion. “If the United States proceeds alone or with only tacit support from others, Iraq’s collapse into anarchy cannot be ruled out,” warned the editors. “Democrats and Republicans, and all citizens with civic courage, must challenge a policy that poses a clear and present danger to international and American interests.”
In an open letter to Congress on September 25, 2002, the editors continued their informed criticism of the overthrow of the Iraqi government. Though the passage of an authorizing resolution seemed a foregone conclusion, they urged the members of Congress to speak out and stand together against the invasion. The silence of party leaders in the face of a simple, clear, and strong case against the war was troubling and The Nation demanded that our representatives act in the interest of the country, rather than fall prey to egoism and power politics. “Reject the arrogance—and the ignorance—of power,” urged the editors. “Show respect for your constituents—they require your honest judgment, not capitulation to the executive. Say no to empire. Affirm the Republic. Preserve the peace. Vote against war in Iraq.”
Hindsight, as they say, is 20/20.
Several years after the invasion, in a piece written for AlterNet, John Tirman, executive director of MIT’s Center for International Studies, recognized The Nation’s prescience in a list of the “heroes of resistance” who opposed the war before it began. Alongside the select members of Congress who voted against the initial war resolution (thirty-one senators, 133 representatives), he cheered on many who have contributed to The Nation over the years. “In the face of severe opprobrium and intimidation, a sizable number of Americans saw the charade for what it was and rued the oncoming disaster. We need to understand why this fiasco occurred, and listening to the voices of those who opposed it for ethical and strategic reasons from the outset helps to unravel this puzzle.”
Today, ten years later, our criticisms of US involvement in Iraq been shown to be tragically prescient. This week’s print issue features Patrick Cockburn’s reporting on the American legacy in Iraq. The picture is not positive. The country is mired in a permanent crisis of sectarian violence, pervasive corruption and dysfunctional government. There is little to show for the reconstruction projects that the US has invested over $60 billion in, and Iraqis are living with a catastrophically broken infrastructure, in a state of dissolution. But, Cockburn contends, the establishment of this parasitic state dates to well before the US invasion.
Veteran antiwar activist Tom Hayden, CODE PINK’s Jodie Evans, foreign policy blogger Robert Dreyfuss and activist-writer Nathan Schneider further reflect on the legacy of the invasion and the destruction, and disillusionment, that followed. In OpinionNation, their responses explore the range of emotions that many have looking back on the past decade, and the lessons to be applied to the future. Hayden argues that long wars require a long peace movement; Evans considers all that she’s witnessed, and all that was unimaginable at the time; Schneider looks at the life of one young peace activist and the consequences of her engagement with the antiwar movement; and Dreyfuss argues that the point is moot: Iraqis won’t be debating whether the invasion was good or bad, because they are dead.
Many more contributors offered smart and salient commentary on the anniversary of the war this week on TheNation.com, and Greg Mitchell’s prolific assessment of the lead up to the war deserves highlighting. He covers who got it right (the Dixie Chicks, select national newspapers) and who got it wrong (Bob Woodward), and reflects on the mea culpas of the media and warmongers.
So are there any benefits to be found in this unbroken record of waste, futility and shame? Nation peace and disarmament correspondent Jonathan Schell looks within the borders of Iraq to find lessons that can prevent the same fate in Iran. To avert catastrophe in the postcolonial era, he argues we must recognized that counterinsurgency (“COIN”) warfare is “a fool’s game” and the proliferation of weapons of mass destruction cannot be stopped through military force. While the parallels between Iraq and Iran are striking, the fates of the two countries are not intertwined. It is a moral imperative that we avoid a second Iraq and heed lessons learned from history.
For ongoing thoughtful and measured reporting on the role of the United States in the world, check back in regularly with The Nation as we continue to examine the government’s actions.
The Nation interns select their favorite articles of the week.

Minnesota Representative Keith Ellison, who co-chairs the Congressional Progressive Caucus. (AP Photo/Haraz N. Ghanbari.)
Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.
Last week in Washington was a tale of two budgets. One of them used popular, common-sense plans to create millions of jobs. The other had a battery of discredited ideas that would kill jobs and derail the recovery. Guess which one much of the mainstream media were chattering about?
On Tuesday, failed vice presidential nominee Rep. Paul Ryan (R-Wis.) unveiled this year’s version of his much-heralded “Ryan budget.” Like its past incarnations, this budget offers the kind of economic medicine that would kill the patient. While excluding some of Ryan’s politically toxic past schemes, such as Social Security privatization, it veers even farther to the right in crucial ways, caving to pressure from tea partyers who thought Ryan’s past efforts weren’t extreme enough. The congressman’s new effort includes a mad dash to completely eliminate the deficit within a decade, at a catastrophic cost: savage cuts to essential services and protections and the destruction of millions of jobs. As Europe reminds us again and again, austerity will only dig us deeper into recession.
Ryan’s budget is cruel, deceptive and incomplete. Even as the Affordable Care Act and Medicare expansion are being embraced by reality-based Republican governors (or those, such as Florida’s Rick Scott, who are experiencing a momentary bout of poll-induced realism), Ryan stubbornly ignores Congressional Budget Office evidence that the ACA decreases the deficit. Even at a moment when we need the safety net more than ever, Ryan wants to shred and slash programsincluding Medicare, Medicaid, food stamps and domestic violence prevention. And even as Ryan coasts on his unearned reputation as a serious wonk, his budget math is full of holes. As The Atlantic’s Matthew O’Brienput it, this time “his magic asterisk needs to be even more magic.” Paul Krugman was less generous, calling Ryan’s successive plans “all smoke (I couldn’t even find any mirrors).”
Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.
The budget proposal released by Congressman Paul Ryan this week relies on an alarming $5 trillion in cuts, the majority of which take a hatchet to our healthcare system and other essential services.
As Bryce Covert reports, this most recent iteration is bad for nearly all but the wealthy, but it would do particular damage to the interests of American women. She shares shocking statistics of women’s dependence on Medicaid and Medicare—making up the majority of beneficiaries of both programs—and shows how slashing discretionary spending will hurt a number of programs that women are enormously reliant upon. “Women voters roundly rejected [Ryan] and his running mate in 2012,” writes Covert. “This budget does nothing to address their needs and works against the most vulnerable among them.” For many of those reasons, NETWORK, the same Catholic social justice lobby that opposed Ryan’s economic extremism in the fall, issued a statement challenging the latest iteration of his austerity agenda.
“Reasonable people might ask: What is Paul Ryan thinking?” writes John Nichols, noting the marked similarities between this budget plan and the economic roadmap from Ryan’s failed vice presidential run. A rehash of old proposals cloaked in rhetoric, the new Ryan budget is a “Bumper-Sticker-Slogan Budget”: one that was roundly rejected by American voters in 2012 and does not stand a chance of passing Congress this time around. So what’s his angle? The limelight. Ryan was posturing for the base, just in time for the Conservative Political Action Conference, which started Friday with an opening speech by none other than the House Budget Committee chairman himself.
Also released this week, the Senate Democrats’ budget plan comes fast on the heels of President Obama’s major victory eliminating the Bush tax breaks for high income individual earners. George Zornick asks whether that victory will survive. As the administration and congressional Democrats slowly insinuate concessions into the budget negotiations, the compromises they make may actually end up complementing Paul Ryan’s plan. “The administration,” reports Zornick, “though not eager to make a big public show of it, made it known from the beginning that it would be willing to lower the top rates again during comprehensive tax reform that closed loopholes for the wealthy elsewhere.”
For a much more appealing alternative to the Ryan budget, Zornick points to the vision outlined by the Congressional Progressive Caucus this week: the “Back to Work” budget proposal. A clear, humane and truly progressive plan, the CBC budget prioritizes job creation and public investments across programs indispensable to the growth of the nation. It offsets an increase in spending with common sense measures that reduce military spending and introduce smart and sensible tax solutions, and ultimately create a plan that will reduce public debt over the next decade. As the only budget to sincerely focus on getting people back to work, Zornick argues that the CPC’s budget deserves thoughtful consideration and some real attention.
For continued insight into Congressional budget negotiations and what they mean for our future, check back in regularly with The Nation as we continue to report on the state of politics in real time.
The budget proposal released by Congressman Paul Ryan this week relies on an alarming $5 trillion in cuts, the majority of which take a hatchet to our health care system and other essential services.
As Bryce Covert reports, this most recent iteration is bad for nearly all but the wealthy, but it would do particular damage to the interests of American women. She shares shocking statistics of women’s dependence on Medicaid and Medicare—making up the majority of beneficiaries of both programs—and shows how slashing discretionary spending will hurt a number of programs that women are enormously reliant upon. “Women voters roundly rejected [Ryan] and his running mate in 2012,” writes Covert. “This budget does nothing to address their needs and works against the most vulnerable among them.” For many of those reasons, NETWORK, the same Catholic social justice lobby that opposed Ryan’s economic extremism in the fall, issued a statement challenging the latest iteration of his austerity agenda.
“Reasonable people might ask: What is Paul Ryan thinking?” writes John Nichols, noting the marked similarities between this budget plan and the economic roadmap from Ryan’s failed vice presidential run. A rehash of old proposals cloaked in rhetoric, the new Ryan budget is a “Bumper-Sticker-Slogan Budget”: one that was roundly rejected by American voters in 2012 and does not stand a chance of passing Congress this time around. So what’s his angle? The limelight. Ryan was posturing for the base, just in time for the Conservative Political Action Conference, which started Friday with an opening speech by none other than the House Budget Committee chairman himself.
Also released this week, the Senate Democrats’ budget plan comes fast on the heels of President Obama’s major victory eliminating the Bush tax breaks for high income individual earners. George Zornick asks whether that victory will survive. As the administration and congressional Democrats slowly insinuate concessions into the budget negotiations, the compromises they make may actually end up complementing Paul Ryan’s plan. “The administration,” reports Zornick, “though not eager to make a big public show of it, made it known from the beginning that it would be willing to lower the top rates again during comprehensive tax reform that closed loopholes for the wealthy elsewhere.”
For a much more appealing alternative to the Ryan budget, Zornick points to the vision outlined by the Congressional Progressive Caucus this week: the “Back to Work” budget proposal. A clear, humane and truly progressive plan, the CBC budget prioritizes job creation and public investments across programs indispensable to the growth of the nation. It offsets an increase in spending with common sense measures that reduce military spending and introduce smart and sensible tax solutions, and ultimately create a plan that will reduce public debt over the next decade. As the only budget to sincerely focus on getting people back to work, Zornick argues that the CPC's budget deserves thoughtful consideration and some real attention.
For continued insight into Congressional budget negotiations and what they mean for our future, check back in regularly with The Nation as we continue to report on the state of politics in real time.

Attorney General Eric Holder. (AP Photo/J. Scott Applewhite.)
Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.
“The government of the United States,” wrote Chief Justice John Marshall in his famous decision in Marbury v. Madison, “has been emphatically termed a government of laws, and not of men.” This principle—grounded in the Constitution, enforced by an independent judiciary—is central to the American creed. Citizens have rights, and fundamental to these is due process of the law.
This ideal, of course, has often been trampled in practice, particularly in times of war or national panic. But the standard remains, central to the legitimacy of therepublic.
Yet last week Attorney General Eric Holder, speaking for the administration with an alarmingly casual nonchalance, traduced the whole notion of a nation of laws.
First, the attorney general responded to Senator Rand Paul’s inquiry as to whether the president claimed the “power to authorize a lethal force, such as a drone strike, against a US citizen on US soil and without trial.” After noting that the United States has never done so and has no intention of doing so, Holder wrote that, speaking hypothetically, it is “possible to imagine” an extraordinary circumstance in which that power might become “necessary and appropriate.”
Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.
Friday marked the 104th International Women’s Day, a celebration of advancements made by women in social, political, and economic spheres. Take, for example, the wild success of Facebook COO Sheryl Sandberg, a powerful businesswoman and self-proclaimed feminist who just published Lean In, her book of personal reflections on leadership, women in the workplace and individual growth. The controversial debut has inspired criticism from the likes of Maureen Dowd, Melissa Gira Grant, and Jodi Kantor, but Nation columnist Katha Pollitt gives her own reading and argues that feminists were far too quick to judge Sandberg’s motives for writing. Pollitt also reminds us that International Women’s Day represents an opportunity to discuss the ongoing need for action and advancements in human rights around the world.
Veteran journalist and author Ann Jones opens up that dialogue with a compelling look at Afghan women facing an uncertain future. As the US withdrawal looms large, she speaks to female advocates in Kabul who are carrying on a fierce, lonely fight for women’s rights in the face of President Hamid Karzai’s government, and without much help from the United States. Talking to lawyers and social workers, psychologists and students, she reports on what they have gained in the past decade, and what they stand to lose—or keep—with 2014 on the horizon.
2014 will also mark the twentieth anniversary of the 1994 United Nations International Conference on Population and Development (ICPD), a conference that established women’s rights as central to development efforts and institutionalized the policy accepting a woman’s right to control her own body. Barbara Crossette explains the decades-long backlash to the agreement led by a coalition of anti-abortionists, anti-LGBT activists and anti-feminists. She reports on conservative religious and social forces at work aiming to roll back these advances, and warns that the people most wary of the coming anniversary are the strongest supporters of the rights of women and gay people.
On the homefront, activists in the US celebrated this past week as President Obama signed the Violence Against Women Act into law with added protections for the LGBT community and immigrant and Native American women. However, services addressing the needs of domestic violence victims could still be subject to budget cuts and, as it stands now, the implementation of the sequester would result in $20 million cut from VAWA programs. Find out how you can take action to implore your representatives to ensure that domestic violence victims are not used as bargaining chips.
Jessica Arons reports on the Helms Amendment, which bans the use of US foreign aid for all abortion care, including for victims of sexual assault.

Organizing for Action Chairman Jim Messina, who announced following critical coverage that the group would not accept donations from corporations, federal lobbyists or foreign donors. (AP Photo/Charles Dharapak.)
What are we to make of Organizing for Action?
OFA—the direct descendant of those other OFAs, Obama for America and Organizing for America—has recently been drawing headlines and inspiring headaches. That’s because it’s an organization with multiple souls. On the one hand, OFA promises to finally do what the Obama team failed to four years ago: Engage and mobilize the campaign’s grassroots volunteer army into a potent force for fighting Republican obstructionism after the election. On the other hand, OFA itself is structured in a way that encapsulates much of what’s broken about our current politics: big-dollar donors trading money for access. Can OFA both exemplify our predicament and ameliorate it?
Last weekend, OFA drew scorching critiques from the editorial boards of the The Washington Post and the The New York Times. Both expressed understandable alarm over OFA’s funding structure: The plan is reportedly to raise half of the organization’s budget in donations of over $500,000, and to reward those donations with quarterly “advisory board” meetings between top donors and the president himself. The Post said the group “should be renamed Paying for Access.” The Times called the funding structure “nothing more than a fancy way of setting a price for access to Mr. Obama.” (The White House pushed back on the report on Monday.)
Common Cause President Bob Edgar was at least as harsh, saying last week that the new OFA “apparently intends to extend and deepen the pay-to-play Washington culture that Barack Obama came to prominence pledging to end.”
As both papers noted, the Obama strategists (including Obama for America Campaign Manager-turned-Organizing for Action Chairman Jim Messina) behind OFA have particular financial flexibility because they’ve organized the group as a 501(c)(4) “social welfare group,” exempt from many requirements under our broken system of campaign finance law. That’s a system that the president has repeatedly recognized needs reform.
All of this invites charges of hypocrisy (always a tailor-made media storyline) and there have been plenty. But the Obama team is facing a challenge that doesn’t lend itself to clear-cut answers: How can you effectively do combat within the system as it exists, while also fighting to transform it? How do you plot a course that’s neither unilateral disarmament against the Right, nor surrender to Politics-As-Usual?
President Obama may be sincerely trying to plot such a course. There’s no doubt he’s sometimes stumbled along the way. As clean elections advocate Jonathan Soros told Bill Moyers last month, “The president has missed a number of opportunities to show leadership on this issue. And I think that’s been both unfortunate and a bad choice politically for him.”
Does this new OFA represent another missed opportunity? With critical fights ahead on issues from guns to immigration, and an all-out and well-funded opposition, I’m glad OFA will be mobilizing the grassroots (and that the president is keeping an eye towards 2014). And I don’t begrudge them the need to raise money, or expect them to fully embody a more progressive legal regime that doesn’t yet exist. Nonetheless, I wish the Obama team had shown a greater measure of audacity, and hope, by embracing a different funding model: focusing more on smaller-dollar donations, and setting out to truly prove, as the Obama and Dean electoral campaigns did, that serious money doesn’t only come from millionaires. (And it’s not as if the White House needed another vehicle to reward $500,000 donors with access; alas, there are already ambassadorships.)
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“We are very concerned about the precedent the OFA move creates for future presidents and elected officials at all levels,” Free Speech for People Executive Director John Bonifaz told me last week, “a new way to allow corporations and the wealthy few to gain disproportionate influence and subvert the democratic process.” For Bonifaz, a stalwart advocate for a constitutional amendment to overturn Citizens United, February ended on a mixed note. On February 22, the White House released a response to Free Speech for People’s online petition urging that Obama include a call for a constitutional amendment in his State of the Union address. Obama didn’t do so, but the White House response told the petitioners, “You’re right” and “President Obama agrees with you.” That response went live on the same night as the Times story reporting on OFA’s planned reliance on high dollar donors. As Bonifaz told me, “I think the timing of the White House response to our petition is not coincidental and that it demonstrates we need to keep the pressure on for presidential leadership on the amendment front.”
So how should we feel about the new OFA? Another anti-corruption advocate, Public Campaign President Nick Nyhart, says it’s still too soon to tell. If Organizing for Action “makes a difference in what gets done, and there’s little evidence that deals cut with donors undermined other issues or forced compromises,” says Nyhart, then “it was the right decision given the realities of where money politics already are.” If not, he adds, “then we should learn from that too.”
The good news is, the principled pushback from concerned citizens and campaign finance reformers seems to be getting results. In a CNN op-ed published this morning, after suggesting that some of OFA’s critics were confused, Messina wrote, “We have now decided not to accept contributions from corporations, federal lobbyists or foreign donors.” That goes beyond previous commitments by OFA, which—to its credit—had already agreed to more disclosure and restrictions than the bare minimum required by law. (Unfortunately, as the AP reported today, corporations seeking to use their money to earn meetings with administration officials could still do so through the trade group Business Forward, which “has said it will ramp up its operations.”)
As OFA’s new role evolves, it’s good to know its leaders are listening to concerned citizens and critics. They should know that we’ll be watching.
Another attempt to fight back against big business’s clout, the proposed financial transactions tax, is a good idea whose time has come, Katrina vanden Heuvel writes.

Reuters Pictures
Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.
On Friday at midnight, the sequester kicked in, triggering $85 billion in deep, dumb budget cuts that sent “nonessential personnel”— such as air traffic controllers—packing.
Not to worry, though: Wall Street’s day was pretty much like any other. Billions of dollars in profits were made off of trillions of dollars in financial transactions. And the vast majority of those transactions were conducted tax-free.
Moral of the story: What else is new?
Crash the economy? Free pass. Prevent planes from crashing? Pink slip.
We don’t need a team of policymakers to tell us this isn’t good policy, or that it needs changing. But on Thursday, we heard policymakers propose exactly that: a change.
Sens. Tom Harkin (D-Iowa) and Sheldon Whitehouse (D-R.I.), along with Rep. Pete DeFazio (D-Ore.), unveiled a bill that would place a light tax on all financial transactions—three pennies on every $100 traded.
Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.
At midnight last night $85 billion in federal budget funds were sequestered by the Treasury Department.
This week at The Nation, we looked at the human costs of the austerity measures about to be imposed on our country. Instead of obsessing over a manufactured deficit crisis, I argued, we should be focusing on putting financially battered Americans back to work. It’s time to stop extortionists like Wall Street billionaire Pete Peterson and the Fix the Debt campaign from holding our country’s economic future hostage.
To that end, Washington correspondent John Nichols assesses the terrifying contributions of “money power” like Peterson’s to framing, if not fully instigating, the austerity agenda. In our broken political world, where debates are being shaped by corporations, he asks whether President Obama is willing to stand up to big money in government. On Democracy Now!, he discusses the impending crisis in further detail and the billionaire austerity mongers driving it, “advocating for zombie ideas—ideas that have been slain by the voters, and frankly even by Congress, and yet they walk among us.”
Looking forward, Beltway blogger George Zornick addresses the danger that lies ahead with the White House’s alternative sequester replacement plan. While both sides play the blame game, in hopes that public support will drive the other to come to the table with concessions, he argues that there is reason to be optimistic that Obama’s plan will succeed… but that’s not necessarily a good thing. “There are no good choices here,” writes Zornick, “only less bad ones, and progressives should be wary about confusing political victory with a policy victory.”
For more analysis on the consequences of the sequester and what this means for our people, for our economy and for our future, check back in with The Nation as we continue to take a measure of Congress’s actions and the president’s priorities.



