NewsTrust - Money and Politics - Most Recent Stories: Opinion (Mainstream)

Money and Morals

Fri, 10 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 10 (Opinion) - Conservatives have started telling us that the growing inequality is about a decline in morals. But it’s mainly about money.

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The Big Lie: “Rich People Create Jobs”

Fri, 03 Feb 2012 00:00:00 -0800

Yahoo! News - By Nick Hanauer - Feb. 03 (Opinion) - One of the most commonly repeated theories about job-creation is that "rich people create jobs"--specifically, rich investors and entrepreneurs who build companies that eventually employ hundreds or thousands of Americans. This theory is often used to justify very low taxes on investors and high-income earners, under the theory that such folks have to be given an incentive to "create jobs." But the trouble with the theory, says Nick Hanauer, is that it's just wrong.

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Minority Dems raised more in 2011

Fri, 03 Feb 2012 00:00:00 -0800

The Politico - By Alex Isenstadt - Feb. 03 - Minority Dems raised more in 2011

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The Big Lie

Sun, 25 Dec 2011 00:00:00 -0800

New York Times - By By JOE NOCERA - Dec. 25 (Opinion) - So this is how the Big Lie works. You begin with a hypothesis that has a certain surface plausibility. You find an ally whose background suggests that he’s an “expert”; out of thin air, he devises “data.” You write articles in sympathetic publications, repeating the data endlessly; in time, some of these publications make your cause their own. Like-minded congressmen pick up your mantra and invite you to testify at hearings.

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Gingrich has it wrong about the poor

Tue, 13 Dec 2011 00:00:00 -0800

CNN - By LZ Granderson - Dec. 13 (Opinion) - This country isn't great in spite of the poor. It is great because of the poor.

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David Cameron’s move to save the City, not the euro

Mon, 12 Dec 2011 00:00:00 -0800

Washington Post - By Anne Applebaum - Dec. 12 (Opinion) - .. no other European capital thinks quite like London, and no other European capital will think like London anytime soon.

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Op-Ed Columnist: All the G.O.P.’s Gekkos

Thu, 08 Dec 2011 00:00:00 -0800

New York Times - By Paul Krugman - Dec. 08 (Opinion) - In getting to the truth about those wealthy “job creators” the Republicans aim to protect, the ’80s film “Wall Street” seems more relevant than ever.

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Failure Is Good

Fri, 18 Nov 2011 00:00:00 -0800

New York Times - By Paul Krugman - Nov. 18 (Opinion) - In Democrat-world, up is up and down is down. Raising taxes increases revenue, and cutting spending while the economy is still depressed reduces employment. But in Republican-world, down is up. The way to increase revenue is to cut taxes on corporations and the wealthy, and slashing government spending is a job-creation strategy.

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In Campaign Financing, More Money Can Beat Big Money

Thu, 17 Nov 2011 00:00:00 -0800

New York Times - By Lawrence Lessig - Nov. 17 (Opinion) - A public funding system would stop the influence of big money in politics.

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Here Comes The Sun

Sun, 06 Nov 2011 00:00:00 -0700

New York Times - By Paul Krugman - Nov. 06 (Opinion) - We are, or at least we should be, on the cusp of an energy transformation, driven by the rapidly falling cost of solar power. That’s right, solar power. If that surprises you, if you still think of solar power as some kind of hippie fantasy, blame our fossilized political system, in which fossil fuel producers have both powerful political allies and a powerful propaganda machine that denigrates alternatives.

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Fed-up customers taking action against big banks

Thu, 20 Oct 2011 00:00:00 -0700

Salt Lake Tribune - Oct. 20 - By paul beebe The Salt Lake Tribune Published Oct 19, 2011 07:41PM MDT Public anger that sparked the Occupy Wall Street protest is spilling over into direct action against Utah and U.S. banks, especially ones that took federal bailout money and charge high bank fees to make up for lost income while cutting back on lending and paying big bonuses. The fury is showing up in calls for customers to move their deposits to other banks or credit unions as a way to strike back at financial institutions that activists say have too much power in Washington. The latest moveme... ...

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The American Autumn: An Accurate Protest Movement Scares The Pants Off Conservatives In Both Parties | adn.com

Sun, 16 Oct 2011 00:00:00 -0700

Anchorage Daily News - By Rudy_Wittshirk - Oct. 16 (Opinion) - Now there is another precisely-aimed protest movement in America. “Occupy Wall Street” looks like it has “legs”---and if those legs don’t freeze off this Winter, watch out!

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Bleeding the patient

Tue, 20 Sep 2011 00:00:00 -0700

New York Times - By Paul Krugman - Sep. 20 (Opinion) - Doctors used to believe that by draining a patient’s blood they could purge the evil “humors” that were thought to cause disease. In reality, of course, all their bloodletting did was make the patient weaker, and more likely to succumb. Fortunately, physicians no longer believe that bleeding the sick will make them healthy. Unfortunately, many of the makers of economic policy still do. And economic bloodletting isn’t just inflicting vast pain; it’s starting to undermine our long-run growth prospects.

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Obama Rejects Obamaism

Tue, 20 Sep 2011 00:00:00 -0700

New York Times - By David Brooks - Sep. 20 (Opinion) - He claimed we can afford future Medicare costs if we raise taxes on the rich. He repeated the old half-truth about millionaires not paying as much in taxes as their secretaries. (In reality, the top 10 percent of earners pay nearly 70 percent of all income taxes, according to the I.R.S. People in the richest 1 percent pay 31 percent of their income to the federal government while the average worker pays less than 14 percent, according to the Congressional Budget Office.)

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How to save the euro

Thu, 15 Sep 2011 00:00:00 -0700

Economist - Sep. 15 (Editorial) - So grave, so menacing, so unstoppable has the euro crisis become that even rescue talk only fuels ever-rising panic. Investors have sniffed out that Europe’s leaders seem unwilling ever to do enough. Yet unless politicians act fast to persuade the world that their desire to preserve the euro is greater than the markets’ ability to bet against it, the single currency faces ruin. As credit lines gum up and outsiders plead for action, it is not just the euro that is at risk, but the future of the European Union and the health of the world economy.

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Poll: Obama faces trouble with key voters

Sun, 28 Aug 2011 00:00:00 -0700

Salt Lake Tribune - Aug. 28 - By KEN THOMAS and JENNIFER AGIESTA The Associated Press Published Aug 27, 2011 05:13PM MDT Washington • Whites and women are a re-election problem for President Barack Obama. Younger voters and liberals, too, but to a lesser extent. All are important Democratic constituencies that helped him win the White House in 2008 and whose support he’ll need to keep it next year. An analysis of Associated Press-GfK polls, including the latest survey released last week, shows that Obama has lost ground among all those groups since he took office. The review points to his vulnerabilities and prob... ...

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Wendover’s nuclear secrets revealed

Sun, 28 Aug 2011 00:00:00 -0700

Salt Lake Tribune - Aug. 28 - By Scott D. Pierce The Salt Lake Tribune Published Aug 27, 2011 04:59PM MDT Wendover • For the first time in decades, Historic Wendover Airfield revealed its nuclear secrets to a small group of guests who got a look at what’s on the south side of the still-operational runway. And a peek at pieces of American history. Wendover is where flight crews trained to drop the atomic bombs that ended World War II and where those bombs, Fat Man and Little Boy, were developed and assembled (with the exception of the atomic warheads). “It’s awesome,” said Faye Sanders, of Salt Lake ... ...

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Of Dystopias and Alphas

Sun, 21 Aug 2011 00:00:00 -0700

New York Times - By Maureen Dowd - Aug. 21 (Opinion) - Why can’t the president who promised revolution set the Washington schedule rather than bow to it?

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Huntsman hits Perry on climate change, Fed

Sun, 21 Aug 2011 00:00:00 -0700

Salt Lake Tribune - Aug. 21 - The Associated Press Published Aug 20, 2011 06:07PM MDT Washington • Presidential candidate Jon Huntsman is pounding away at rival Rick Perry’s skepticism of manmade global warming and criticism of the nation’s central banker, saying those stands hurt the GOP and make the Texas governor come off as a not-so-serious national figure. Huntsman, a former Utah governor who was President Barack Obama’s first ambassador to China, has trailed in early polls nationally and in early voting states, leading his campaign to pledge more aggressive attacks on the t... ...

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SEC No Evil

Fri, 19 Aug 2011 00:00:00 -0700

Countdown - By Keith Olbermann, Matt Taibbi - Aug. 19 (Interview) - 'In this 'Countdown' exclusive interview, Keith sits down with Rolling Stone contributing editor Matt Taibbi to discuss breaking the story about the Securities and Exchange Commission destroying the records of promising cases in the years leading up to the financial meltdown.'

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President Obama Joins the Cult of Economics Deniers

Mon, 15 Aug 2011 00:00:00 -0700

The Guardian - By Dean Baker - Aug. 15 (Opinion) - A front page story in Sunday's New York Times gave the country the bad news. President Obama is no longer paying attention to economists and economics in designing economic policy. Instead, he will do what his campaign people tell him will get him re-elected, presumably by getting lots of money from Wall Street. The article said that President Obama intends to focus on reducing government spending and cutting programmes like social security and Medicare. This is in spite of the fact that: "A wide range of economists say the administration should call for a new round of stimulus spending, as prescribed by mainstream economic theory, to create jobs and promote growth." In other words, President Obama intends to ignore the path for getting the economy back to full employment that most economists advocate. Instead, he is going to cut government spending – because his ...

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Is the U.S. capable of leading the world out of economic turmoil?

Tue, 09 Aug 2011 00:00:00 -0700

Washington Post - By E.J. Dionne - Aug. 09 (Opinion) - The world is looking to the United States to help power a recovery and provide leadership, writes E.J. Dionne Jr. Meanwhile, ultraconservatives are so dogmatic about slashing government they are prepared to boot away our nation's influence.

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DNC chair blames Tea Party ‘tyrants’ for S&P credit rating downgrade

Mon, 08 Aug 2011 00:00:00 -0700

The Hill - By Alicia M. Cohn - Aug. 08 (Opinion) - Alicia M. Cohn / The Hill: DNC chair blames Tea Party ‘tyrants’ for S&P credit rating downgrade — The head of the Democratic National Committee joined Sen. John Kerry (D-Mass.) on Monday in casting blame for the U.S. credit downgrade on the Tea Party movement. — Rep. Debbie Wasserman Schultz (D-Fla.) …

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Fear of the tea party

Mon, 08 Aug 2011 00:00:00 -0700

Salt Lake Tribune - Aug. 08 - Published Aug 7, 2011 09:20PM MDT Shame on the Utah Republican members of Congress who voted against the bill to raise the nation’s debt limit. Contrast that to Rep. Jim Matheson and Rep. Gabrielle Giffords, D-Ariz., who put their country first above petty politics. Giffords, recovering from an assassin’s bullet, said she voted for the measure because “I could not take the chance that my absence could crash our economy.” Conservative-loving Utahns have been sold out by their so-called leaders in Washington who would not support ... ...

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For lesson in shared sacrifice, send Congress to boot camp

Tue, 02 Aug 2011 00:00:00 -0700

CNN - By Russel L Honore - Aug. 02 (Editorial) - Like most veterans, the men and women who have worn our nation's uniform to defend this country, I am furious with and disappointed in the state of indecision that plagued Washington these past few weeks. Whether or not to raise the debt ceiling so our country can continue to pay our bills and maintain our global credit rating didn't seem like such a difficult decision.

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