By Dave Lindorff

Ordinary, average, struggling Americans might be scratching their
heads over the news today, as the Labor Department reports that
unemployment is up by four-tenths of a percent for the month to a
record 10.2%, fully three-tenths of a percent higher than economists
had been forecasting, and stocks do what? Rise by a quarter of a
percent!

What’s going on here?

Well, the tube analysts are quick to say, unemployment figures are
a “lagging” indicator. That is, employment generally lags the overall
economy, with layoffs coming after a recession kicks in, and hiring
waiting until a recovery is well underway.

By Dave Lindorff

If you listen to the happy-talk folks at Treasury and the Fed, and
on the tube, you’d think things had finally turned a corner. The
economy grew at a 3.5% annualized rate in the third quarter ended
September 30. “The Economy is Back in Gear” shouted the headline on an
article by CNN senior writer Chris Isadore. “The recession ended
unofficially in September,” said a reporter on NPR.

By Dave Lindorff

President Barack Obama has staked his presidency on winning his “necessary” war in Afghanistan. Coming into office, one of his first acts, on Feb. 18, was to boost US troop levels in that country by 17,000, bringing the total number of soldiers and Marines in the country to about 57,000, to which one must also add 74,000 private contractors who are doing jobs normally done by uniformed military, and about 33,000 other soldiers from NATO countries and Australia. That’s 164,000 foreign soldiers fighting against Taliban fighters.

By Dave Lindorff

Some critics have written, in response to my article
calling for extension of the single-payer plan called Medicare to all
Americans, that actually Medicare is a badly flawed program that leaves
America's elderly without coverage for many important health services,
and which requires them to pay for supplemental insurance, or to go on
Medicaid, too.

By Dave Lindorff

The “happy talk” campaign in the US media and coming from the White House is just that: Happy Talk.

To get a real picture of what is happening with this economy, here are a few things to keep in mind.

Yes, the rate of decline in economic activity has slowed. But that
is to be expected. When an economy is going at full tilt, as the US
economy was doing in early 2007, a slowdown of any significance yields
huge numbers, in terms of falling production, falling factory
utilization, falling car sales, or, this time around, falling housing
prices.

By Dave Lindorff

If you want to fix the disaster that is called the American
healthcare system, the first thing to do is to clearly point out what
its major failings are, and there are two of these.

The first is cost. America is one of the or possibly the most
expensive places in the world to get sick or injured. The corollary of
that is that it is one of the best places to make a killing if you are
in the medical business, whether as a doctor, a hospital company, a
pharmaceutical firm or a nursing home owner.

By Dave Lindorff

When President Barack Obama made his quick dash up to Ottawa last
week, it's too bad he didn't suffer a gastrointestinal attack, or slip
on some ice and twist an ankle or something. If he had, he might have
had a chance to do what he should have done anyhow: visit a Canadian
health clinic.

Maybe then he would have had his eyes opened to a better idea: government-run health care.

By Dave Lindorff

When Iraqi journalist Muntadar al-Zaidi heaved his two shoes at the
head of President George W. Bush during a press conference in Baghdad,
he did something that the White House press corps should have done
years ago.

By Dave Lindorff

I’ve been getting some emails that refer to Barack Obama as a
“Manchurian Candidate,” a guy who is somehow hiding a secret radical
and/or Muslim jihadist agenda that will burst forth if he’s elected
president. There is a certain idiot factor at work here, since if Obama
were a closet Weatherman, who somehow learned of and adopted that 1960s
college dropout organzation’s creed at the tender age of 8, it would
have clashed badly with any Muslim teaching he might have picked up as
a student in an Indonesian public school at the same time (he attended
an Indonesian public schoolfrom the age of 6 to 8 before transferring
to a Catholic-run institution).

But since some low-wattage and conspiracy-minded people seem ready
to believe this kind of stuff, let’s consider John McCain’s early
background, and the possibility of his being a Manchurian Candidate
too. Fair’s fair, right?

By Dave Lindorff

Hold everything!

Talk about déjà vu. Remember when Bush and his cabinet officers were
running all over in late 2002 crying wolf about Iraq’s supposed nukes,
and threatening that inaction on a war resolution by the Congress would
leave them to blame when the “mushroom cloud” appeared over some
American city?

Well, now they’re doing it again, this time claiming that economic
Armageddon faces the US and even the global economy if Congress doesn’t
hand over all power over the economy to the Secretary of the Treasury
in absolute contravention of the most fundamental principle of the
Constitution, which establishes that the budget be in the control of
Congress. These guys are saying if Congress doesn’t vote to hand over
$700 billion or more of taxpayer money to the Treasury to dole out to
fat cat bankers, the resulting economic collapse will be on their heads.