THOMAS FERGUSON Ferguson is professor of political science at the University of Massachusetts, Boston. The first part of his article “Too Big to Bail: The ‘Paulson Put,’ Presidential Politics, and the Global Financial Meltdown,” written with Robert Johnson, appears in the next issue of the International Journal of Political Economy. He is the author of…

JANE D’ARISTA D’Arista is an economic analyst at the Financial Markets Center. She said today: “Secretary Geithner asserts that the new bailout approach is designed to provide the largest benefit at the least cost to taxpayers. Accordingly, it relies on guarantees in addition to direct lending by the Fed (with capital from the Treasury) and…

Harvard Law School Dean Elena Kagan is scheduled to have a hearing before the Senate Judiciary Committee on Tuesday for the position of solicitor general. She has frequently been mentioned as a possible nominee to fill Ruth Bader Ginsburg’s seat on the Supreme Court. FRANCIS BOYLE Professor of law at the University of Illinois, Boyle…

Nobel Prize-winning economist and columnist Paul Krugman writes today in a piece titled “The Destructive Center“: “What do you call someone who eliminates hundreds of thousands of American jobs, deprives millions of adequate health care and nutrition, undermines schools, but offers a $15,000 bonus to affluent people who flip their houses? “A proud centrist. For…

Reuters reports: “Afghan President Hamid Karzai renewed criticism of U.S. and NATO-led forces on Wednesday and said he was determined his government would take a stronger role in the deployment and work of foreign troops. … The U.N. said on Tuesday the civilian death toll in 2008 had increased by 40 percent to 2,100, more…

GARETH PORTER Porter recently wrote the piece “Is Gates Undermining Another Opening to Iran?” Porter is following the Iran envoy issue. He is an investigative historian and journalist specializing in U.S. national security policy and author of the book Perils of Dominance: Imbalance of Power and the Road to War in Vietnam. More Information RAY…

Many media outlets have echoed a Wednesday front-page piece in the New York Times headlined “Relief Seen for Jobless and States in Health Care Plan,” which asserted: “The stimulus bill working its way through Congress is not just a package of spending increases and tax cuts intended to jolt the nation out of recession. For…

“America was not born as a colonial power.” — Barack Obama in his interview on Tuesday with al-Arabiya ROXANNE DUNBAR-ORTIZ Author of the forthcoming Myth and Empire: Indigenous History of the United States, Dunbar-Ortiz said today in response to Obama’s claim: “The United States was founded as a European settler state, with maps and plans…

KATHY KELLY AUDREY STEWART AP reports that Mideast special envoy George Mitchell’s trip “will include stops in Egypt, Israel, the Palestinian West Bank and Saudi Arabia.” Kelly and Stewart are just back from six days in Gaza. Kelly is co-coordinator of Voices for Creative Nonviolence. She said today: “Mitchell has such an opportunity to make…

JOSH BIVENS Bivens is an economist at the Economic Policy Institute, which has posted information contrasting the economic benefits of various stimulus provisions, per dollar spent: Food stamps: $1.73 Extend unemployment benefits: $1.64 Infrastructure spending: $1.59 Aid to states: $1.36 In contrast: Make dividend and capital gains tax cuts permanent: $0.37 Corporate tax cuts: $0.30…