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Both Republicans and Democrats have been explaining that "There Is No Alternative," we need public policies promoting austerity because government is "out of money." The question seems to be not "do we need austerity?" but "will we be austere sooner or austere later?" Meanwhile, the bipartisan consensus is that the government is definitely out of money. But these assertions are at odds with the common knowledge that the U.S. government literally creates its own money. Unlike the euro, the dollar is a sovereign, fiat currency, unconstrained by exchange rates or treaties. And since Nixon closed the gold window, government can issue dollars without waiting for gold or silver mines to provide any backing for them. So we can't possibly be "out of money," any more than the Bureau of Weights and Measures can be "out of inches."

In the debate about the proper size of government, an agreement should be easy to reach: If the government stops serving the interests of the rich, the rest of us will not need to rely on it to dress the wounds that it inflicts.

Chomsky: U.S. concerned about human rights only in the enemy countries http://t.co/ODoBSWy

"Epstein, Gerald Obama's Economic Policy: Achievements, Problems & Prospects Publication Date: 3/12/2009"

"Pollin, Robert | Wicks-Lim, Jeannette | Garrett-Peltier, Heidi Green Prosperity: How Clean-Energy Policies Can Fight Poverty and Raise Living Standards in the United States Publication Date: 6/18/2009"

"Weeks, John The Effectiveness of Monetary Policy Reconsidered Publication Date: 6/22/2009"

"Epstein, Gerald Rethinking Monetary and Financial Policy: Practical suggestions for monitoring financial stability while generating employment and poverty reduction Publication Date: 11/20/2009"

Weller, Christian E. | Helburn, Amy Public Policy Options to Build Wealth for America's Middle Class Publication Date: 11/20/2009

Pollin, Robert | Baker, Dean Public Investment, Industrial Policy and U.S. Economic Renewal Publication Date: 12/17/2009

"It looks like Elena Kagan for SCOTUS - could shift court to the right"

Middle East Policy Council

Films are national / international. Film topics include: 9/11 investigative efforts, Iraq and Afghanistan wars, peak oil and oil wars, corporatism, financial industry fraud, civil rights violations, Bush-Obama torture and detention policies, animal protection, Assassination Documentaries Financial Reform Documentaries Election Fraud Documentaries Environmental Documentaries Female Focused Documentaries George Bush Documentaries Globalization Documentaries Health Documentaries Human Rights Documentaries Media Documentaries Politician Documentaries Religious Documentaries Slavery Documentaries Societal Documentaries War Documentaries

consumer protection regulation reform monopolies anti-trust health public media broadband internet tax budget policy education transportation infrastructure megacorp megabank megagov megawealth megapower consumer protection reform oversight watchdog cartel cartels monopoly corporatism corporatist feudal neofeudalism finance banks financial economy economic