President Trump’s statement last week that he wants the government to take a large stake in Spirit Airlines has been met with richly deserved scorn. Spirit, a so-called no-frills airline, has already gone bankrupt twice. “Who could have imagined that the ... See more
In the ongoing struggle over the independence of the Fed, Trump finally blinked first. His toady prosecutor, U.S. Attorney for the District of Columbia Jeanine Pirro, abruptly announced this morning that she was suspending her investigation of Powell. Thi... See more
Is the two-party system doomed? Some progressive commentators think so. Labor activist Les Leopold argues in his recent book, The Billionaires Have Two Parties, We Need a Party of Our Own, that “Working people have been abandoning the Democratic Party as ... See more
When the Supreme Court overturned President Trump’s “emergency” tariffs on more than 100 countries in February as an abuse of a president’s authority under the 1977 International Emergency Economic Powers Act (IEEPA), importers, producers, and consumers s... See more
On Thursday and Friday, there seemed to be progress toward a war-ending deal. President Trump went along with an Iranian demand that Israel must cease bombing Lebanon as a precondition to talks. On Thursday, Prime Minister Benjamin Netanyahu complied, val... See more
