Obama's Debacle in Egypt?

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Wednesday February 16, 2011 · 3:35 PM PST

2011/02/16 · 15:35

Wanted: A Grand Strategy for America! So proclaims an editorial piece in the front pages of Newsweek magazine by uber imperialist, Niall Ferguson, Professor of History at Harvard University, among other accomplishments. He eviscerates President Obama’s handling of the Egyptian revolution as a complete debacle.

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Joe Six-Pack and the End of the American Dream

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Monday February 14, 2011 · 10:13 AM PST

2011/02/14 · 10:13

As soon as the 2008 financial crisis hit, Republicans and their radio and TV doppelgangers propagated the narrative that the whole crisis was due to the excesses of Fannie Mae and Freddie Mac and liberal do-gooders, like Barney Frank, who pushed too many poor and unreliable borrowers (read minorities) into the housing market. The NY Times reports (February 12, 2011) that the Obama administration in the person of Treasury Secretary, Timothy Geithner, has apparently accepted this narrative.

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Bernie Madoff: Worse than a Serial Killer?

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Thursday February 10, 2011 · 1:47 PM PST

2011/02/10 · 13:47

Few tears will be shed for Bernie Madoff, mastermind of undoubtedly the biggest ponzi scheme in human history. Mr. Madoff was excoriated by his victims as a “monster,” a “serial criminal,” a “murderer,” and "extraordinarily evil." Some even compared the resulting damage from Madoff's theft to Adolph Hilter and the Holocaust! But how do Mr. Madoff’s actions compare with the Wall Street financial barons whose reckless greed nearly destroyed the entire global financial system? Mr. Madoff got 150 years in Federal prison for his crimes. What has happened to the Wall Street guys? Dare we ask?

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Saturday February 05, 2011 · 8:09 AM PST

2011/02/05 · 08:09

I don’t know if you are anything like me, but when the financial crisis burst upon us in 2008, you probably went searching for sources of information to explain what was going on as Mr. Paulson presented the American people with Wall Street’s bill for 700 billion dollars to save them and us from economic ruin. This bailout became an obvious embarrassment to the neoliberal, free marketers and right wing conservatives who had been such hearty cheerleaders for the wonders of “free” enterprise. Right wing radio punditry and Republican leadership, in general, quickly developed a narrative that blamed the whole crisis on the excesses of Fannie Mae and Freddie Mac and liberal do-gooders, like Barney Frank, who pushed too many poor and unreliable borrowers (read minorities) into the housing market. There could be no acknowledgment from these quarters, or the mainstream media, for that matter, of anything wrong with the system itself.

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Obama's Debacle in Egypt?

Joe Six-Pack and the End of the American Dream

Bernie Madoff: Worse than a Serial Killer?

Things They Don't Tell You About Capitalism