One of the long known goals of Osama bin Laden was to financially break the United States: A key facet of bin Laden’s anti-American warfare has always been economic. It’s a lesson he drew from the Afghan-Soviet war, in which he first served as a financier of mujahidin efforts and then as a fighter. He […]
In an interview with ABC, President Obama gave his views of opening the U.S. oil reserves to combat high oil prices: “We are monitoring the situation very closely. The strategic petroleum reserve was designed for when oil actually shuts off,” Obama told ABC. “The reserves, I think, are something that we’ve got to be very […]
The Economic Policy Institute has released a chart showing the average overall tax rates in 1979, 1992 and 2007. The picture isn’t pretty. While the tax rate for you, me and the other 99% of this country has remained pretty much the same over the years, the tax rate for the top 1% has seen […]
One of the biggest problems that plagues our nations health and wasn’t really discussed during the healthcare reform debate is about to get bigger: Up to a third of U.S. adults could have diabetes by 2050 if Americans continue to gain weight and avoid exercise, the Centers for Disease Control and Prevention projected on Friday. […]
Now that Blanche Lincoln has been able to hold onto her job, we are to expect little jabs from the right on how “the progressives lost big tonight”. That, despite being untrue, is to be expected, but this is not: A senior White House official just called me with a very pointed message for the […]
I hate playing the game of “i told ya so”, but it looks like that is what’s going to happen. Last Friday I wrote a post in which I said: I’m just spit-balling here, but something has struck me. For years we have talked about how banning abortion was a necessity for Republican victory, as […]
I’m just spit-balling here, but something has struck me. For years we have talked about how banning abortion was a necessity for Republican victory, as backed up by the evidence of them actually not doing much to deliver once in office. The thought is that Republicans need to keep the abortion debate alive to insure […]
That is what this administration has been good at. The latest comes in the form of Social Security: Come January, the nation’s nearly 50 million Social Security recipients will see the smallest cost-of-living increases in their monthly checks in four years, even though they are paying significantly more for such items as food, energy and […]