Greece votes to stick with euro zone
After months of political turmoil, a slim majority of Greek citizens voted for the center-right New Democracy Party in a signal that Greece will stick with the euro zone in…
JP Morgan’s Dimon lies to Congress
Today marks the second day of testimony before Congress from JP Morgan’s CEO and chief financial officer Jamie Dimon regarding a multi-billion trading loss the bank recently disclosed to investors.…
Disturbing statistics on WI recall vote
$63.5 million: The minimum amount spent by both sides in the recall 70 percent: How much more expensive the governor’s recall election is than the state’s second-most expensive race (the…
Walker survives recall election by outspending his challenger 7-to-1
It’s another disappointing day for “free-and-fair” elections in America. In his bid to retain office, Gov. Scott Walker of Wisconsin outspent Democratic challenger Tom Barrett 7-to-1. Despite fallacious Republican rhetoric…
WI recall vote signals dissatisfaction with Republican austerity measures
Voters in Wisconsin today go to the polls in a recall election that the nation and the world are closely watching in anticipation of what is sure to be a…
Jobless economic recovery stalled by electoral politics, party complicity
The Labor Department released its monthly jobs report today, and the picture was quickly muddled by Democratic and Republican pandering in an election year that is almost exclusively focusing on…
Obama takes off the gloves on Republican Party’s economic policy
In a speech to journalists at the Associated Press (AP) President Obama roundly criticized the House Republican budget proposal and its economic presuppositions. The President wasted no time in taking…
House passes anemic STOCK Act, corruption is business as usual
Last week, Congress passed a much-weakened version of the STOCK Act banning insider trading by its members and their staffers. The law was significantly weakened by failing to place curbs…
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Super PAC’s fund American elections
America’s reaction to the Supreme Court’s decision in Citizens United ranges from public outrage visible in the Occupy Wall Street movement to barely concealed glee among wealthy donors who seek…
Republican Response to Obama’s State of the Union Is Weak on Facts
In his third State of the Union address President Obama drew a picture of cooperation between government and business for an America that is “built to last”—a phrase he repeated…