Bank Shot: Bush Shafts Enron’s Victims

Wall Street’s investment banks just got another one step closer to making defrauding investors an accepted line of business. And Enron’s employees who lost their pensions and the small investors who got fleeced in the Enron frauds just got shafted again – this time at the urging of President George W. Bush. Wall Street’s most […]

Funding The War: Life and Death, Not Texas Hold ’em

President Bush forced Democrats to “fold,” the press reports. He vetoed the Iraq funding bill that set a deadline for getting U.S. troops out of the war. The Republican minority blocked any effort to overturn the veto. Now Congress is about to vote on a funding bill the president will accept, one that doesn’t offer […]

New Energy for America

Confronted with the Iraq War, Hurricane Katrina, rising gas prices and the “inconvenient truth” of global warming, Americans are looking for leadership on energy independence and the threat posed by catastrophic climate change. Even George Bush, Big Oil’s pocketed president, now pays lip service to the need to end our “addiction to oil.” But with […]

SEC Must Choose Sides In This Enron Scandal

Robert Borosage, co-director of the Campaign for America’s Future, gave these remarks at a press conference this week with victims of the Enron collapse and their supporters, along with attorney William S. Lerach. The victims are asking the Supreme Court to overturn a lower-court ruling that bars the victims from suing bankers who advised Enron […]

Republican Debate: Monochromatic Candidates, Stale Ideas

Ten white guys in dark suits and bright ties to answer questions. Three white guys in dark suits and bright ties to ask them. Stale ideas fit the staid image at the first Republican presidential debate last night at the Ronald Reagan Presidential Library. MSNBC should have broadcast the event in black and white. The […]

Alberto Gonzales: Why Conservatives Can’t Govern

Donald Rumsfeld has been axed. Tom DeLay cut and ran. “Scooter” Libby stands convicted. Michael “you’re doing a heck of a job” Brown was tossed. Newt Gingrich disgraced himself. And now, the clueless attorney general, Alberto Gonzales, is surely the next to go. Why this confederacy of dunces? The conservative National Review cover asks plaintively, […]

State Of The Union: Deteriorating

Tomorrow night, President Bush will tell Americans that the state of our union is strong. He’ll celebrate a growing economy, enjoying rising productivity, rising profits, more jobs and record home ownership. He’ll stand as commander in chief of the most powerful military ever. He’ll lay out areas–energy, immigration, health care–where he envisions progress through bipartisan […]