Ten years ago, George W. Bush was sworn in as America's first MBA President. Now, Mitt Romney wants to be the second. Two years after President Bush completed the worst economic record since Herbert Hoover, Romney the perpetual White House hopeful declared, "I spent my career in the private sector. I know how jobs are […]

Republican politics are now defined by necessary lies, untruths like "tax cuts pay for themselves" which GOP orthodoxy requires be true. So it should come as no surprise that the Republican members of the Financial Crisis Inquiry Commission are dissenting from the panel's upcoming report to falsely claim that Fannie Mae and Freddie Mac were […]

Despite a decade of Bush tax cut windfalls for the wealthy pushing income inequality to levels not seen since 1929, Republicans are calling for another $700 billion, 10-year payday for the richest Americans. So it should come as no surprise that as corporate profits reached an all-time record in the third quarter, leading voices in […]

As the American auto industry teetered on the brink of collapse in December 2008, Vice President Dick Cheney beseeched his GOP allies in Congress to back an aid package, warning, "If we don't do this, we will be known as the party of Herbert Hoover forever." Which is exactly right. Because while Republican leaders were […]

From almost the moment he was elected, Barack Obama has been counseled to channel the spirit of FDR in confronting both war and economic calamity. But with for the still unfolding oil spill disaster, President Obama needs a different role model. When CEO Tony Hayward and other BP executives come to the White House next […]

For conservative free-market ideologues, April has been the cruelest month, indeed. In a perfect storm washing over Republican foes of government regulation, the last several days alone featured unbridled Wall Street greed, corporate mismanagement of a devastating oil spill, and corruption and criminality in the nation's coal mines. Meanwhile, in another blow to GOP "repeal […]

Historical events, it is said, occur twice, first as tragedy, then as farce. But not in the case of Goldman Sachs and the near-collapse of the American financial system. Six years before Congress released emails showing Goldman executives bragged about making "some serious money" betting against the housing market and "the poor little subprime borrowers", […]

In the wake of the Massey Energy tragedy that killed 29 coal miners in West Virginia, there appear to be two steps that could improve worker safety there. First, as the mine accident record of the last decade suggests, join a union. Second, put Democrats in the White House to reverse the GOP's nationwide gutting […]

Back in 2003, Republican leaders praised the AARP for its support of President Bush's unfunded and deeply flawed Medicare prescription benefit. But now that the 40 million member organization has endorsed the House Democrats' health care reform bill, the GOP is declaring war on its one-time ally. Helping lead the attack is an array of […]

Among the rarely acknowledged truths of American politics is that the U.S. economy in general and the stock market in particular almost always do better under Democratic presidents. Of course, that oversight is no accident, but instead the predictable result of successful mythmaking by the Party of Hoover and its media allies. And so it […]