The site is working well now, so it’s time for those whose lack of insight led to the disaster to be held to account.
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Posted inMoney, Politics, and Power
The Revolt of the Elites
The Republican establishment beats back the Tea Party on Arizona’s anti-gay bill. So how important is this event?
Posted inMoney, Politics, and Power
Will Iraq Break a U.N. Arms Embargo On Iran?
A reported deal between the countries once again reveals how American politicians who supported the Iraq invasion refuse to take responsibility for the fallout.
Posted inMoney, Politics, and Power
Who Cares About Clarence Thomas’s Silence?
Criticisms of the Supreme Court justice should focus on merit, not trivia questions about when the last time he asked a question during oral arguments was.
Posted inMoney, Politics, and Power
Daily Meme: The Collapse of Bitcoin, the Online Currency You Never Fully Understood
Yesterday, Mt. Gox, the world’s largest trading platform for bitcoins-the virtual currency that started circulating online in 2009-suddenly went blank. Bitcoin prices crashed. Bitcoin enthusiasts insisted that this was merely a minor hiccup on the currency’s path to world domination. For those of us who are not immersed in this confusing online culture, the collapse […]
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The Scourge of the Businessman Politician
Republicans are counting on a bunch of novices who were successful in arenas outside politics to win them back the Senate, which is good news for Democrats.
Posted inMoney, Politics, and Power
The War Against Early Voting Heats Up
In Ohio, reforms to restrict voting move forward.
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In Shocker, GOP Proposes Cutting Taxes For the Wealthy
Don’t believe the baloney about “tax simplification.”
Posted inMoney, Politics, and Power
Should We Call the Midwife?
How best to give birth is a topic of perennial interest—a conversation between Prospect staffers who stand on different sides of the home birth debate.
Posted inMoney, Politics, and Power
The Home Mortgage Business, Where Cheaters Always Seem to Prosper
A company used by big Wall Street banks for loan servicing is awful at its job; now it’s pulling some pre-crash malarkey on its investors.