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Category: Economy

McCain Advisers Disappeared | Swamped by Swaps | Time to Tax Securities Transactions?

by WS Editors | Nov 1, 2008 | Economy, Politics

Campaign Grammar—The dirty wars waged by right-wing despots in South and Central America turned the word “disappeared” into both a noun and a transitive verb. Here in the U.S. it appears that former Senator Phil Gramm is a desaparecido and that John McCain has disappeared him. One of the sponsors of the Gramm-Leach-Bliley Act of 1999, which […]

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Is the Bailout Plan the Beginning, Or the End, of the Economic Collapse?

by WS Editors | Oct 15, 2008 | Economy, Politics

THE DAY AFTER SARAH PALIN passed her campaign midterm exam, the Congress passed a Wall Street bailout bill. In reacting to the news, the Dow Jones Industrial Average did worse than Palin did in her excruciatingly manneristic ninety minutes on stage with Joe Biden, falling 157 points on the news of a 263-171 House vote […]

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The McCain Campaign Gets Sleazy | Give or Take $100 Million

by WS Editors | Oct 15, 2008 | Economy, Politics

The Real McCain—“What does he plan for America?” John McCain asked a crowd at a rally in Albuquerque. “In short, who is, who is the real Obama?” Someone in the crowd shouted: “Terrorist!” McCain paused and smiled. It was a smile that recalled McCain’s response at a political rally during the primaries, when it appeared he would […]

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Ralph Reed: Crook and McCain Money Man | Rev. Hagee Plays Nice | Obama Rethinks Ethanol

by WS Editors | Sep 1, 2008 | Economy, Politics

“I Gave at the Office”—When former Christian Coalition leader Ralph Reed failed to show up at an Atlanta fundraiser he’d helped organize for John McCain, he was doing the senator a favor. McCain knows all about Reed’s role in the theft of $88 million from six Indian tribes between 2000 and 2002. Both men know […]

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Henry Waxman Returns to Jack Abramoff

by WS Editors | Jul 1, 2008 | Economy, Politics

FOUR YEARS AGO A LOBBYIST for one of the Indian tribes Jack Abramoff defrauded of almost $100 million told me that Abramoff bragged about regular meetings with President Bush’s senior adviser Karl Rove—often held outside of the White House to avoid creating a paper trail. The White House didn’t respond to questions about Rove’s relationship […]

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