The Deep State and the Bias of Official History

Reading Time: 7 minutes How do Wall Street, oil companies and shadow government agencies like the CIA shape the order of global politics together? Author Peter Dale Scott examines that question in his forthcoming book “The American Deep State: Wall Street, Big Oil and the Attack on U.S. Democracy.” Here, in an exclusive excerpt, Scott looks at how official history ignores the real dynamics in play.

The Subprime Economy is Back—But It Never Really Left

Reading Time: 5 minutes Who can forget the subprime economy that launched the Great Recession? Don’t worry if you have—it’s back again, with a different face. Wall Street has found rich pickings in the financial ruins from the last crash. Here’s how the new subprime economy is growing from the struggle to make ends meet and the mountain of debt affecting more than one in three Americans

Corporate Personhood in the Fast Lane: Jonathan Frieman, Citizen, Takes a Stand

Reading Time: 6 minutes Russ Baker interviews Jonathan Frieman, who took an unusual stand against corporate personhood. Frieman was stopped in October by a sheriff in Marin County (a San Francisco suburb)—for driving solo in the lane for high-occupancy vehicles. He then pulled out corporate papers and argued that he was traveling with another person—since corporations count as persons. In January, he got his day in court. He didn’t win, but he did show how creative approaches can make people pay attention. His action drew local and national media coverage.

The Jeb Scenario: Can You Say “President Bush” again?

Reading Time: 8 minutes Could we see a third Bush in the White House? You betcha—and soon. This is not just of casual interest—there’s a lot more than meets the eye. And it explains a lot about the death of democracy.

Obama: “Yes, I’m in a Can”

Reading Time: 4 minutes Let’s look a little further at what ails Obama—and us. It’s about the pretty small part of the One Percent that really calls the shots, and keeps a president from doing what he surely knows he must.

Moral Hazard, Fed Style

Reading Time: 2 minutes How exactly did the Federal Reserve gain the emergency authority to loan more than $1 trillion of taxpayer money to the banks secretly and without oversight? The Washington Post explains today in a long investigative piece by Binyamin Appelbaum and Neil Irwin. As it turns out, Sen. Chris Dodd slipped the necessary language into an Read More