Obama, rhetorical fisticuffs, and the new “jobs surge”
Flickr/phil dokas Below is a new, short piece of mine—an introduction, to be precise, to Steve Fraser’s most recent piece for TomDispatch.com, “The New Deal in Reverse: How the Obama Administration Ended Up Where Franklin Roosevelt Began.” Fraser’s piece compares the first years of Obama and FDR, and unlike any other historian, he describes how the first 365 days of these two historic presidents (albeit for different reasons) resemble mirror images of... Read More
Lawyers, Guns, and Money: How Banks Snooze and Arms Dealers Profit
CROSS-POSTED FROM MOTHERJONES.COM Among Bank of America’s 50 million customers, Pierre Falcone was far from ordinary. An infamous global arms dealer who unlawfully sold weapons to Angola for its civil war and an international fugitive, Falcone was convicted of tax fraud and illegal arms dealing in 2007 and 2009 and is currently serving six years behind bars. Yet for nearly two decades, Falcone and his relatives freely used 29 different bank accounts to funnel at least $60 million... Read More
