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  • Problems with “One-Time” Tax on Overseas Corporate Profits

    “Contrary to claims back then, in 2004, it didn’t create any jobs. Citibank brought back money and used it to buy back shares, so it benefited management. And corporations don’t actually just keep money overseas, they end up borrowing against it. What we’ve had is an erosion of the tax rate for corporations since the…

  • Outrage at USDA’s “Abandonment of Regulatory Authority” on GE Trees

    “This failure to regulate a GE tree is unprecedented. Other known GE forest trees in the U.S. are being grown in USDA-regulated field trials, and none has been approved for commercial planting. USDA regulation is important because it ensures that risk assessments are carried out to determine whether or not the GE tree will harm…

  • “The Super Bowl Windfall Myth”

    “With Super Bowl Sunday approaching, expect plenty of media reports on the projected economic windfall for host city Glendale, Arizona. Last year, when the NFL announced that its big game would provide a $600 million boost to the New York/New Jersey economy, that figure promptly became a fixture in news coverage of the event (CNN,…

  • Trade Deal Hits Protests at Congressional Hearing

    “Protesters wore shirts reading ‘No Fast Track’ and held signs stating ‘Froman lies,’ a response to the ambassador’s recent claims that Fast Track is the ‘best tool to ensure that Congress and the public have ample time to give our trade agreements the public scrutiny and debate they deserve.’ Past versions of Fast Track legislation,…

  • BREAKING — CIA Whistleblower Jeffrey Sterling Convicted on All Nine Counts

    “The government engaged in a great deal of security theater during the Jeffrey Sterling trial, most notably by having some CIA witnesses — including ones whose identities weren’t, technically, secret — testify behind a big office divider so the general public couldn’t see the witness. But along the way, the government revealed a great number…

  • U.S.-India Nuclear Deal * Subsidizes Industry * Leaves Victims Vulnerable * Violates NPT

    “Selling nuclear technology to India violates the Non-Proliferation Treaty’s prohibition on providing ‘peaceful’ nuclear technology to non-NPT parties. India, together with Pakistan and Israel, never signed the Non-Proliferation treaty so the U.S. is violating its treaty obligations by promoting nuclear power sales in India. And the U.S. has also received a commitment from India to…

  • CIA Leak Trial in Jury’s Hands

    “Many of the two-dozen witnesses from the Central Intelligence Agency conveyed smoldering resentment that a whistleblower or journalist might depict the institution as a bungling outfit unworthy of its middle name. Some witnesses seemed to put Sterling and journalist James Risen roughly in the same nefarious category — Sterling for allegedly leaking classified information that…

  • Anti-Austerity Left Wins in Greece: Saves Capitalism?

    “The ironic story of the Greek election is the fact that it is the European ‘radical’ left that is standing up for reality-based capitalism — one that doesn’t try to live off unsustainable debt — one that doesn’t simply benefit BMW and Volkswagen and Deutsche Bank and BNP [France’s largest bank] — one that doesn’t…

  • Saudi Monarch’s Death: A Chance for Democracy?

    “Internally, the reign of Abdullah saw the violent oppression of the already marginalized Shia minority in the oil rich eastern region of Saudi Arabia. This is in addition to thousands of political prisoners that are held throughout the Kingdom. Then there’s the ludicrous terrorism charges against women drivers, the fact that up to a quarter…

  • SOTU: How Trade Deal Undermines Obama’s Stated Agenda

    “It’s more than ironic that the President acknowledges the injustice of U.S. immigration policy, and has taken measures to spare at least some people from deportation. Yet he continues to push exactly the same trade policies, in this case the Trans Pacific Partnership, that have displaced millions of people in Mexico and Central America, forcing…

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