A Brief History of the U.S. Debt Ceiling

A Brief History of the U.S. Debt Ceiling

The United States Treasury Department announced on January 19 that the government has reached its limit for the amount of money it is authorized to borrow. According to Treasury Secretary Janet Yellen, extraordinary measures are being taken to ensure solvability and...

Republican Leaders Confront Extremist Talk

The anti-Sharia crowd is “crazy,” according to New Jersey Republican Gov. Chris Christie, who has been criticized for naming Sohail Mohammed, a Muslim attorney, to the state’s superior court. “Sharia law has nothing to do with this at all....

What’s the Debt-Ceiling Debate Really About?

We are a nation of hypocrites, at least those of us franchised into the political economy are. We say we want democracy but what we actually want is something more like “Lord of the Flies.” Take the current debt-ceiling battle. We shouldn’t be fooled...