The Democratic Platform’s Nonsense on Banks

By: Tuesday September 4, 2012 3:17 pm

The Democratic Platform seems to have missed the central point of the banking mess: the Obama administration did not investigate the disaster, and didn’t indict anyone for the crimes that led to the Great Crash. In fact, the administration specifically refused to follow up on criminal referrals from the Financial Crisis Inquiry Commission regarding one of the Goldman Sachs mortgage deals, saying as it always does, that it stinks, but isn’t a crime.

 

Dick Cheney’s VP Advice to Mitt Romney: Pick Me! Pick Me!

By: Sunday July 29, 2012 4:00 pm

It seems almost predictable that with Mitt Romney in Israel encouraging their government to start an unnecessary war, that the man whose lies and paranoia led America into a disastrous, unjustified and unnecessary war would have the chutzpah to presume to advise the apparent GOP nominee whom to select as his Vice Presidential running mate.

It’s now generally accepted that Dick Cheney’s advice to George Bush — pick me! pick me! – helped lead to over 4,500 pointless American deaths, tens of thousands of wounded, hundreds of thousands of tragic Iraqi deaths, millions of exiles and untold civil destruction that still makes the front pages of our newspapers.

Lakeside Diner

By: Wednesday May 23, 2012 4:45 am

A variety of links to articles/interviews/speeches on current issues that may be of interest.

FDL Book Salon Welcomes Menzie Chinn and Jeffry Frieden, Lost Decades: The Making of America’s Debt Crisis and the Long Recovery

By: Saturday October 1, 2011 1:59 pm

Lost Decades looks at why the explosion of debt happened through the traditional lens of supply-and-demand. It examines the motivations and situations of people on both side of this debt. Why did demand for debt increase in the United States? The first reason Chinn and Frieden identify is the huge deficits run during the George W. Bush years. These are the trillions spent on the Bush tax cuts, the expansion of Medicare part D and wars in Iraq and Afghanistan that weren’t paid for.

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