It’s pretty well known that the near-meltdown of the American financial system and economy in 2008 shocked virtually every Very Serious public player and prognosticator, from Alan Greenspan to Wall Street Journal reporters and editorialists and the Street’s own carnival barkers, like CNBC’s Jim Cramer. But why were they shocked?
|By: Jim Sleeper Saturday February 15, 2014 1:59 pm|
|By: DSWright Friday January 3, 2014 5:01 pm|
The news outlets catering to the market fundamentalists have begun to attack the idea that there even is inequality.
|By: Elliott Wednesday December 25, 2013 8:00 pm|
Using this parody of It’s a Wonderful Life, Stephen Fry and Hugh Laurie get in a very big dig at Rupert Murdoch’s expense (if you’ll pardon the pun*).
|By: DSWright Monday December 16, 2013 7:00 am|
Well this is strange. On Sunday the New York Post, a property owned by conservative media mogul Rupert Murdoch, published an investigative report alleging the involvement of Saudi Arabian government officials in the 9/11 terrorist attacks titled “Inside the 9/11 Coverup.”The thesis of the piece is that the 9/11 hijackers were not only mostly from Saudi Arabia but had received financial and operational support from Saudi government officials and that after the attacks the Saudi government used its political connections in the Bush White House to coverup their involvement.
|By: cocktailhag Thursday October 24, 2013 8:00 pm|
Why don’t we just admit that Grover Norquist’s work here in these United States is, well, done? Yes, the federal government is technically back in business, but only just in time to let Foster Farms continue selling salmonella-tainted chicken, JPMorgan Chase escape its latest fraud with a laughably small fine, and Sinclair Broadcast Group snap up a dozen or so more local television stations. And that’s just this week.
|By: DSWright Friday October 18, 2013 12:20 pm|
The Murdoch Media phone hacking scandal did not get much play in the United States. Before now there were a host of excuses for why one of the biggest stories in the UK made so little impact in America – too complicated, Americans don’t care about foreign scandals, etc. But it seems the real reason one of America’s largest circulating newspapers ignored the story is quite different from the typical excuses – upper management tried to sabotage their own reporters to protect the parent company.
|By: cocktailhag Thursday October 10, 2013 8:00 pm|
It’s become commonplace in what remains of the mainstream media to say that the Republican Party has moved so far to the right that even St. Ronnie wouldn’t make the cut, which is true as far as it goes. But thanks to Reaganism, it doesn’t need Ronnie anymore.
|By: Attaturk Thursday July 4, 2013 1:30 am|
First off, Happy Independence Day.
Second, look at the kind of folks that get a lot more freedom than you…and “easy pass” citizenship to boot.
|By: Attaturk Thursday March 21, 2013 1:30 am|
Roger Ailes likes to talk a lot of trash about people, especially Democrats. Ailes also has no compunction about going after anyone who deigns criticize him — a trait his employees share.
But Ailes will not say one peep about the fact his boss may or may not run a criminal enterprise, he just employs a lot of people who become criminals.
|By: cocktailhag Thursday December 27, 2012 8:00 pm|
In any normal country, there would be no particular reason to expect 2013 to be an awful year. The right-wing Presidential candidate, who preached austerity, family values, and military adventurism, was soundly defeated by the center-left candidate, who favored, well, austerity-lite, personal freedom, and a fiscally convenient “peace dividend.” Overconfident and overfunded Republicans were similarly trounced in the House and Senate, losing seats in both despite stunning structural advantages.
It seemed that the Right’s perennial hobby horses, from favoring the wealthiest above all others and demonizing minorities of every type, to demanding that every non-military expenditure be slashed to the bone, had clearly been sent to the glue factory by the electorate. Alas, things are never what they seem in Washington.