What unites the midterm election results, the Federal Reserve’s decision to spend another $600 billion to keep interest rates down, the failure to address the foreclosure crisis, and America’s worsening relations with its G-20 partners? And, more generally, what explains the Obama Administration’s toothless response to the financial crisis, in particular its reversion to status […]

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Critics of the Obama administration’s remarkably friendly policies towards Wall Street have recently been encouraged by the appointment of Elizabeth Warren and the announced departure of Larry Summers. Unfortunately, these two developments do not solve our problems, or even indicate that President Obama is interested in solving them. As usual with this administration, Elizabeth Warren’s semi-appointment was […]

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Five years after the Bush administration destroyed most of Iraqi society, Iraq has finally begun to stabilize. Violence has declined sharply, and some semblance of normal daily life is returning to Baghdad and other Iraqi cities. John McCain, the Bush administration, and a number of neoconservative analysts argue that this heralds the beginning of an […]

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As the Bush administration tells us that more troops will finally yield victory, the parallels between Vietnam and Iraq seem ever clearer: the mismanaged occupation of a profoundly different nation; the vast lies; the increasing desperation when reality can no longer be denied. There are, however, two important differences. The first is that for all […]

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