Politics

By Sara Robinson, Campaign for America's Future
Posted on August 7, 2009, Printed on August 11, 2009
http://www.alternet.org/story/141819/

First, a historical note...

US equities have just come off their best July since 1989. Overall, the market is up over 8% for the year.

But if we look backward (after all, hindsight is 20/20), March 1989 also saw a huge run up. It was followed by an even stronger rally in July, during which volume dried up. It appears the same is happening now. What came next in 1989 was a big sell-off in September, followed by an even greater one in October.

Don't look now, but history tends to repeat itself.

Bob Cesca

Political Author, Blogger, and New Media Producer

By David Sirota, Creators Syndicate. Posted August 10, 2009.

I know I should be mortified by the lobbyist-organized mobs of angry Brooks Brothers mannequins who are now making headlines by shutting down congressional town hall meetings. I know I should be despondent during this, the Khaki Pants Offensive in the Great American Health Care and Tax War. And yet, I'm euphorically repeating one word over and over again with a big grin on my face.

Finally.

Finally, there's no pretense. Finally, the Me-First, Screw-Everyone-Else Crowd's ugliest traits are there for all to behold.

By Harry G. Levine , AlterNet. Posted August 10, 2009.

There are two things that need to be understood about marijuana arrests in New York City.

By Chalmers Johnson

by Robert Scheer

— from Truthdig

What a hoot. The Chinese Communists invaded Washington on Monday demanding not that we sacrifice our freedoms but rather that we balance our budget. Creditors get to make that kind of call. And the Marxists of Beijing, who have turned out to be the world's most prudent bankers, are worried about their assets invested in our banana republic.