OBAMA’S NEW TAX PLAN WOULD SLASH CORPORATE RATES BY UP TO 10 PERCENT. (New York Times) Seeking to beat potential Republican vials to the fore of the “tax debate,” President Obama on Wednesday announced sweeping proposals for overhauling the nation’s corporate tax code. Currently sitting at a listed rate of 35 percent, the White House [...]
At a pace much faster than anyone could have projected, the landscape of campaign finance in American politics has undergone a dramatic transformation to a point where deregulated outside groups hold a distinct advantage over individual campaign war chests. The monumental presidential contest of 2012 appears to be the dawn of the super-PAC age in [...]
“PLEASE TORTURE ME IN THE OLD WAY.“ (UK Independent) This is the plaintive appeal of the last Briton imprisoned at Guantanamo, Shaker Aamer, as he is about to observe the 10th anniversary of his being held as a terrorism suspect without any formal charges being filed. His complaint is that his continued separation from his [...]
Already poised to blow out records for the most expensive campaign in American history, the financial stakes attached to the 2012 presidential election were raised to unprecedented levels by a monumental flip-flop from Barack Obama. Having long promised to raise as much as one billion dollars in direct donations to the campaign to win a [...]
NEO-CON KEYBOARD WARRIORS ARE IN FULL CRY: AS IN “WE WANT A WAR, AND WE WANT IT NOW!” Pepe Escobar of Asia Times uses some of his globe-circling travel time to read neo-con “intellectual” Niall Ferguson, and finds Ferguson’s arguments for invasion of Iran all too typical of a raging effort by neo-cons to promote [...]
“A CIA-M16 PLAN TO STAGE FAKE BORDER INCIDENTS AS AN EXCUSE FOR AN INVASION (OF SYRIA) BY SYRIA’S PRO-WESTERN NEIGHBOURS.“ (Global Research) Sound like something that might be happening in 2012 as the U.S., U.K., France and the Arab League contemplate an “intervention” in a Syria in which anti-government demonstrations are being “brutally suppressed?” Well [...]
WHITE HOUSE PREPARED TO CHOOSE POLITICAL EXPEDIENCY OVER WOMEN’S HEALTH. (Salon) The skirmish between the Obama administration and the Catholic Church and other religious organizations over contraceptives has made headlines for much of this week. Indignant religious leaders and their media allies have bashed the federal government for ruling as part of the new health [...]
A guest blog by Michael Parenti When I recently went to Alta Bates hospital for surgery, I discovered that legal procedures take precedence over medical ones. I had to sign intimidating statements about financial counseling, indemnity, patient responsibilities, consent to treatment, use of electronic technologies, and the like. One of these documents committed me to [...]
The federal government’s case against banks for duplicitous and potentially illegal mortgage practices may be reaching an unsatisfactory final settlement even as one of the largest perpetrators of foreclosure fraud takes outrageous steps to block further investigation into their actions at the height of the housing crisis. Tens of millions of homeowners remain “underwater,” owing [...]
STATE OF THE UNION? AWFULLY SHAKY. STATE OF GLOBAL CORPORATE PROFITS? NEVER BEEN BETTER. AND THERE LIES THE HEART OF AMERICA’S JOBS CRISIS… (Robert Reich) President Obama delivered his fourth State of the Union address to Congress last night, brimming with optimism and laying out another laundry list of proposals and wonderful plans that, as [...]
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