Romney’s Recession Reaganomics Romney’s Recession Reaganomics
STUDENT FINALIST: With staggering unemployment, Romney’s trickle-down policies are the last thing the United States needs.
Oct 20, 2012 / StudentNation / Audrey Yu
Did Mitt Romney Just Endorse Affirmative Action? Did Mitt Romney Just Endorse Affirmative Action?
Romney’s now-infamous “binders full of women” show how little the Republican candidate knows about overcoming structural inequality.
Oct 19, 2012 / Patricia J. Williams
Greg Palast: Mitt Romney Made Millions From the Auto Bailout Greg Palast: Mitt Romney Made Millions From the Auto Bailout
The Romneys invested millions in a hedge fund that bought GM’s autoparts division, and it paid off big-time.
Oct 18, 2012 / Press Room
Why Should the Left Support Obama? Why Should the Left Support Obama?
I wish, just once, an endorsement of a Democratic presidential candidate would mull over some serious structural issues that are at stake.
Oct 17, 2012 / Doug Henwood
Why Romney Is Losing the Meme Election Why Romney Is Losing the Meme Election
The explosion of online mockery over Mitt Romney’s binder comment at the debate reveals a bigger problem.
Oct 17, 2012 / Ari Melber
All the (Political) World’s a Stage All the (Political) World’s a Stage
After the first presidential debate, the media follow-up focused almost exclusively on its theatrics and the implications for the “horse race.”
Oct 17, 2012 / Column / Eric Alterman
What Difference Would Obama’s Re-Election Make to Black Americans? What Difference Would Obama’s Re-Election Make to Black Americans?
The impact of an Obama presidency is better answered by partisanship than race—but race still matters.
Oct 17, 2012 / Column / Melissa Harris-Perry
Mitt Romney’s Bailout Bonanza Mitt Romney’s Bailout Bonanza
How Mitt and Ann made millions—and Mitt’s hedge fund donors made billions—from the auto-industry rescue that he condemned.
Oct 17, 2012 / Feature / Greg Palast
Mr. Singer and Mr. Ryan Mr. Singer and Mr. Ryan
The auto bailout bill, proposed by President George W. Bush, passed in December 2008 with only thirty-two Republican votes. Among their number, to the surprise and consternation of the Tea Partiers among his supporters, was Wisconsin Representative Paul Ryan. But Ryan’s vote likely came as no surprise to the hedge funders who benefited from it the most—particularly Paul Singer, with whom Ryan has enjoyed a long and cozy relationship. Singer and his firm, Elliott Management, are the No. 1 funders of Paul Ryan’s Prosperity PAC. Indeed, it was Singer, reports The Wall Street Journal, who helped push Ryan onto the national ticket as the vice presidential nominee—but only after Ryan turned down Singer’s suggestion that he run for president himself. Ryan had already shocked his supporters by voting for the Troubled Asset Relief Program, whose funds were used to boost the auto bailout and enrich Singer’s Elliott Management. In addition to pouring $2.8 billion into Delphi, TARP sent $12 billion to Ally Financial, formerly the GM finance unit GMAC. One of the biggest holders of Ally is Paul Singer’s fund.GP
Oct 17, 2012 / Feature / Greg Palast
Election 2012 and the Missing Millennials Election 2012 and the Missing Millennials
Young voters gave Obama a decisive win in 2008. Four years later, the love affair is on the rocks.
Oct 17, 2012 / Feature / Zoë Carpenter