Executive Branch

What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB

What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB What Elizabeth Warren, Larry Summers, and Paul Krugman All Got Wrong About SVB

It’s a war for the dollar—and the big banks. The rest of us better hold on tight.

Mar 21, 2023 / James K. Galbraith for The Nation

Texas Governor John Connally appears to be deep in thought

Reagan, Trump, and the Price of Presidential Impunity Reagan, Trump, and the Price of Presidential Impunity

New evidence of 1980 election shenanigans has implications for the debate on prosecuting Trump.

Mar 20, 2023 / Jeet Heer

Barney Frank at a news conference

Democrats Face a Terrible Reckoning on Bank Bailouts  Democrats Face a Terrible Reckoning on Bank Bailouts 

Barack Obama, Nancy Pelosi, Barney Frank, and a phalanx of senators are way too cozy with finance capital.

Mar 17, 2023 / Jeet Heer

A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. - With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some focusing on the weakness of US rules. (Photo by REBECCA NOBLE / AFP) (Photo by REBECCA NOBLE/AFP via Getty Images)

A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity

With the banking system sitting on $620 billion in paper (unrealized) losses, this saga may be far from over.

Mar 17, 2023 / Doug Henwood

Smoke and flames rise after Israeli settlers went on a rampage in the West Bank town of Huwara, setting fire to several homes and cars and injuring dozens of Palestinians, on February 27, 2023.

“A Closed, Burnt Huwara”: How Israeli Settlers Launched A Pogrom “A Closed, Burnt Huwara”: How Israeli Settlers Launched A Pogrom

With Israeli politicians constantly fanning the rhetorical flames, last month's violence—and actual arson—didn’t exactly come as a surprise.

Mar 16, 2023 / Fatima AbdulKarim

President George W. Bush speaks at the Eisenhower Executive Office Building in Washington, DC, in 2007.

Twenty Years Ago, the United States Was Putin Twenty Years Ago, the United States Was Putin

We should condemn Russian crimes in Ukraine, but not while conveniently forgetting the crimes we committed in Iraq.

Mar 13, 2023 / Juan Cole

Greg Becker, President and CEO of Silicon Valley Bank, speaks during the Milken Institute Global Conference on May 3, 2022.

Silicon Valley Learns to Love Socialism for the Rich Silicon Valley Learns to Love Socialism for the Rich

The very people who eviscerated banking regulations now want to be shielded from the catastrophe they caused.

Mar 13, 2023 / Jeet Heer

A sign reading Cancel Student Debt is staged outside of the Supreme Court of the United States in Washington, D.C., on February 28, 2023.

Reports of the Death of Biden’s Student Debt Cancellation Program Are Premature Reports of the Death of Biden’s Student Debt Cancellation Program Are Premature

Pronouncing debt cancellation DOA takes the Supreme Court’s ruling as the last word—precisely at the moment when the court’s authority demands challenge, not complacency.

Mar 13, 2023 / Eleni Schirmer

Children working as miners in Pennsylvania.

The Horrifying and Shameful Return of Child Labor The Horrifying and Shameful Return of Child Labor

Bipartisan buck-passing and a ramshackle immigration system have revived Victorian degradation.

Mar 10, 2023 / Jeet Heer

UN Ambassador Nikki Haley speaks at AIPAC

Nikki Haley’s Presidential Run Is Already a National Joke Nikki Haley’s Presidential Run Is Already a National Joke

Her Machiavellian maneuvering notwithstanding, count on one thing: She won’t be able to beat either Donald Trump or Ron DeSantis.

Mar 8, 2023 / Clarence Lusane

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