Hidden Links and Loyalties Abound in the News Behind the News

You probably know that John Travolta, one of my favorite actors, is a Scientologist. So is Tom Cruise, who is not one of my favorite actors. But you probably don’t know that Greta Van Susteren of Fox News also belongs to the cult. Her wealthy trial-lawyer husband, John Coale, who is famous for his multi-billion-dollar […]
Continue reading…

 

Is the American Viewing Public Really That Dumb?

My nephew Andrew says he doesn’t watch much television these days. He is especially leery of TV news shows. And he is not alone. Everywhere I go, people tell me they’re turning off and tuning out. I force myself to listen to the TV talking heads in the hope that I will derive insights that […]
Continue reading…

 

Campaign Gifts from Bail-Out Money Look Like Kickbacks to Me

If a small-town mayor took a “campaign contribution” from the local towing service after voting to award the company a contract to tow illegally parked cars, you can bet there would be cries of “kickback!” He might even end up in jail. And when New Mexico Governor Bill Richardson was accused of taking a campaign […]
Continue reading…

 

Obama Administration Ushers in a New Day for the Americas

Some highly respected observers in Jamaica were dubious about the likely effects of the American regime change that occurred last November. Professor Stephen Vasciannie, principal of the Norman Manley Law School, was one of those who expressed such doubts. “U.S.-Caribbean relations are not the immediate focus of Mr. Obama,” he said in a Radio Jamaica […]
Continue reading…

 

The Grim Reality Behind the Republican Budget Fantasy

Responding to charges that they offer no alternatives to President Obama’s budget proposals, Republican leaders have produced a slick 19-page brochure (see photo at right) outlining the broad concepts by which they would guide the country’s economy. It would be heartening if this were just a bad joke. Devoid of any numbers to support their […]
Continue reading…

 

Special Interests Launch Savage Attack to Torpedo Obama’s Budget

I believe that President Obama’s proposals to reform American society and set the economy on a path to sustainable growth are not just the best hope for a better world but the only hope. Yet he faces savage opposition. To thinking people it is obvious that his opponents have no solutions of their own; they […]
Continue reading…

 

Let’s Look on the Bright Side for a Change

I don’t know whether U.S. Treasury Secretary Tim Geithner’s plan to fix the financial system will work. It sounds incredibly complicated, like a Rube Goldberg machine, and I wouldn’t be one of the investors buying into the rescue plan for those toxic securities. But then I wouldn’t have given Bernie Madoff my savings to invest […]
Continue reading…

 

The Real AIG Story and How It Became a Political Time Bomb

President Obama must be wondering what hit him. The Bush Administration left a time bomb behind and it has blown up in Obama’s face. And guess who is getting blamed? Obama of course! Republican politicians have seized on the public outrage created by AIG executives’ cupidity and stupidity to whip up a wave of resentment […]
Continue reading…

 

Sinister Forces Undermine America’s Recovery Hopes

As American Founding Father Thomas Paine observed more than two centuries ago, these are the times that try men’s souls. The economy has stalled and millions are losing their jobs. Ominous clouds gather on the horizon and the future is frightening.  To avert disaster, President Obama has proposed a budget that promotes development of clean […]
Continue reading…

 

The Almighty Dollar is Losing Its Global Status

After World War II, leaders of the victorious Allied countries met at Bretton Woods in the United States and agreed to make the U.S. dollar the world’s reserve currency. Under that agreement, the U.S. government guaranteed that other central banks could exchange dollars for a fixed amount of gold. But a couple of decades later, […]
Continue reading…