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 [...]
From presidential politics to the halls of Congress to state legislatures across the nation, scores of lawmakers and politicians have made the curious decision to launch an assault on women’s rights. Despite an incumbent president vulnerable thanks to persistent economic worries and states faced with ills ranging from budget deficits to foreclosure crises, America’s current [...]
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 [...]
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 [...]
America’s war in Afghanistan, now slogging into its 11th year of active operations, may be coming to an end sooner than the US government and military officials have publicly stated. If comments from Barack Obama’s secretary of defense are to be believed, US troops may be leaving in significant numbers by the middle of next year. [...]
As the number of Americans seeking assistance from states and the federal government swell to record levels in a sluggish post-recession economy, more and more politicians are actually seeking ways to impede the access to government aid for the poor. The question of how much the federal government and states should be doing to aid the tens of millions [...]
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 [...]
THE BIG PROBLEM AROUND HERE IS THE BIG GOVERNMENT’S WASTEFUL SPENDING. THE OTHER BIG PROBLEM AROUND HERE IS THAT WE DON’T HAVE NEARLY ENOUGH SNOWPLOWS WHEN THE BIG SNOW STORMS HIT. (Tom Dispatch) Christian Parenti observes that, as effects of climate change produce ever more drastic effects with which only large governmental agencies (like FEMA) [...]
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