Are Illinois & Puerto Rico Our Future?

If Gov. Bruce Rauner and his legislature in Springfield do not put a budget together by Friday, the Land of Lincoln will be the first state in the Union to see its debt plunge into junk-bond status. Illinois has $14.5 billion in overdue bills, $130 billion in unfunded pension obligations, …

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Is the Tea Party's Dream an Illusion?

Is the Tea Party’s Dream an Illusion?

“There is no education in the second kick of a mule,” said Sen. Mitch McConnell of Kentucky. With some such thought in mind, Speaker John Boehner strode to the floor of the House to offer a “clean” debt ceiling bill and relied on Nancy Pelosi’s Democrats to pass it. They …

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The First Hustler Runs the Big Con

The First Hustler Runs the Big Con

“Nothing is lost save honor.” So said Jim Fisk after he and Jay Gould survived yet another scrape in their corrupt and storied careers in the Gilded Age. Fisk’s dismissal of honor came to mind while watching Barack Obama in Boston smugly explain how his vow — “If you like …

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We Can't Win Wimps Caucus

The ‘We Can’t Win’ Wimps Caucus

“We told you you would lose!” wail the Beltway bundlers of the Republican establishment. “We told you you would lose!” moan neoconservative columnists from their privileged perches on the op-ed pages of the Beltway press. “Look at what Ted Cruz and this Tea Party people did to us,” wails the …

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What we are witnessing here is the unfolding of the Big Lie

Is the Conflict Between Us Irreconcilable?

One way or another, the battle of the budget and the debt ceiling will be over by All Hallows’ Eve. Yet, as one looks deeper, at the irreconcilable conflict behind the present clash, only a roaring optimist would imagine we shall ever know again the tranquility and unity of the …

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