News Analysis: U.S. financial stability plan fails to thaw market
U.S. President Barack Obama's administration on Tuesday unveiled its long-expected reshaped financial rescue plan.
People Before Profits: Falling off a cliff
Last September, employment in the United States fell off a cliff. It is still falling. The economy had been losing jobs since the beginning of 2008, and the pace has been accelerating since the summer. Over the last three months, 1.8 million jobs were lost. That's an annual rate of 5 percent, the worst since 1975. Just under 3 million jobs were lost in all of 2008, but we are on track to beat that before June of this year.
Lincoln and Darwin: Bicentennial for two great emancipators
Abraham Lincoln, the Great Emancipator, has been much on our minds recently as Barack Obama moved into the White House. Exactly 200 years after Lincoln’s birth, Obama’s presidency is one fulfillment of the work Lincoln started.
Not just a few rotten apples
The Daily Show’s Jon Stewart and other commentators have been having a field day with John Thain.
Obstructing labor
Senate Republicans and their Chamber of Commerce friends have drawn a battle line on President Obama’s choice for secretary of labor, Rep. Hilda Solis, delaying her confirmation in an effort to start a fight over the Employee Free Choice Act.
An extraordinary Black History Month
African American History Month is celebrated every February. It is always an important time to not only look back at how a courageous people made great strides towards freedom but also think about how to advance that struggle to new heights.
History is (still) counting on us a letter to friends
On Nov. 3, 2004 – the day following George W. Bush’s re-election as president – I wrote a letter to some of my closest friends and comrades. The tone of that letter was quite somber, reflecting the great sadness that we all felt that our months of campaign efforts and years of struggle against the destructive policies of the Bush administration had not resulted in reversing the terrible course our nation was on.
A day to remember: The inauguration of the 44th President of the United States of America
It was a day to remember. The two million people, who showed up in Washington on Jan. 20, constituted a most important demonstration of the 21st century and symbolized the start of a new era in our country and perhaps the world.
End corruption take corporate money out of politics
The brazen corruption of Illinois Gov. Rod Blagojevich is deplorable. But some would ask: what’s the big deal? Corruption is rampant in U.S. politics and is “as American as apple pie.”
Believing in government again
All through congressional hearings around the auto loan last month, not one public official or news reporter ever asked General Motors and Ford CEOs the most important question of all: “So how come you guys are so dumb here but so smart in Europe?”
