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October 13, 2008
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Feature
Nepal’s Evolving Identity
Pushpa Kamal Dahal, newly elected Maoist Prime Minister of Nepal, provides insight into his country’s political dilemmas.
Drew Haxby
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Ohio Election Activists Fight GOP Dirty Tricks
A surge of first-time voters and dirty tricks by GOP operatives have mobilized citizen activists to prevent another stolen election in Ohio.
Harvey Wasserman and Bob Fitrakis
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Main Street Marches on Wall Street
As economic turmoil continues over the proposed bailout plan, activists put pressure on Congress.
Lucas Mann
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End of Iraq’s Awakening?
A new and growing Sunni resistance movement in Iraq could shatter the false sense of post-surge calm–and it might get Russian support.
Bob Dreyfuss
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Bailout, Shmailout
Congresswoman Kang re-emerges on Capitol Hill in time to put her two cents in on the economic crisis. Paulson takes a knee, and Lacy Mills goes off the rez–way off.
Gary Phillips
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Justice Delayed and Denied at Guantanámo
The Supreme Court’s ruling in Boumediene v. Bush affirmed prisoners’ right to habeas corpus, but the government is stalling; and such delays may keep detainees imprisoned indefinitely.
Aziz Huq
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We Have the Bailout Money–We’re Spending It on War
If we don’t reduce military spending now, the bankruptcy of the United States is inevitable. We don’t have much time left.
Chalmers Johnson
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Bailout: What’s Next?
The bailout crisis represents the Democrats’ hesitant first step toward rediscovering their nerve and abandoned convictions. They are not there yet.
William Greider
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Archive: Bearing Witness in Mississippi
As the eyes of the nation are focused on the University of Mississippi for the presidential debate, The Nation archive yields insights on key events in Mississippi during the civil rights era.
Marissa Colón-Margolies and Erica Landau
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Henry Paulson’s Shell Game
The emerging compromise on the bailout is better than Paulson’s original proposal, but falls far short of what needs to be done. Congress and the next president will have a lot more work to do.
Joseph E. Stiglitz
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Acts of Contrition
The road to recovery requires more than a bailout. Americans deserve apologies from Washington and Wall Street–and a new president capable of telling the truth and leading us forward.
William Greider
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Ahmadinejad Sees (Code) Pink
The Iranian president encounters members of US peace groups and religious organization.
Joseph Huff-Hannon
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The Next Bull Market
Instead of shoveling good money after bad, Congress should push Wall Street to invest in the booming green economy.
Glenn Hurowitz
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Wooing Unions for Obama
Unions are trying to combat racism and sway undecided working-class voters toward Obama.
David Moberg
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McCain’s Troopergate Scandal
Palin claims she wants more accountability in Washington. So why is the McCain campaign stonewalling the Troopergate investigation?
John Nichols
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Palin and the Christian Right
Sarah Palin breathes new life into the religious right’s vitiated political movement.
Michelle Goldberg
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Editorial
Obama’s Bailout Strategy
Framing the financial crisis as a verdict on free-market fantasies, Obama can win with a mandate to end the war and build a better economy from the bottom up.
Tom Hayden
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The Communist Manifesto Turns 160
As Karl Marx’s opus marks a big birthday, capitalism seems willing to mark the occasion by dropping dead.
Barbara Ehrenreich
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Will Letterman and Saturday Night Live Help Defeat McCain?
If Letterman and Saturday Night Live continue to cast McCain as a liar, it could have a devastating impact.
Adam Howard
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Defending Obama’s Foreign Policy
When Robert Dreyfuss attacks Obama’s policies on Afghanistan, it’s not helpful to the progressive cause.
Tom Hayden
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Time for a Taxpayer Revolt
The bailout package isn’t a compromise: it’s an appalling transfer of wealth upward. Register your protest!
Medea Benjamin and Arun Gupta
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America Needs a New New Deal
We should apply FDR’s principles of relief, reform and reconstruction to our current financial crisis.
Katrina vanden Heuvel and Eric Schlosser
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Ode to John McCain, Political Magician
With apologies to David Blaine, and none to John McCain, an ode to a political magician.
Evan Eisenberg
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Crisis of a Gilded Age
Without an energized populace, expect nothing more humane than the rescue of a failing financial system.
Doug Henwood
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Trust But Verify
Here’s a short list of conditions for a credible rescue plan.
James K. Galbraith and William K. Black
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Bridge Loan to Nowhere?
This is not only the most expensive way to solve the problem. It’s also the most likely to fail.
Thomas Ferguson and Robert Johnson
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King George & Comrade Paulson
We need to put restraints on Wall Street’s dangerous habit of gambling with other people’s money.
Ralph Nader
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Reining in Risky Investors
Rather than cap CEO pay, link compensation to the systemic risk that permeates our financial system.
Nomi Prins
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Goldman Sachs Socialism
Rescuing America from irresponsible Wall Street is worth at least what it costs to save the bloodied bankers.
William Greider
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Bailout Nation
What kind of government intervention will we have? Whom will it benefit? Ten observers on the right way to settle Wall Street’s toxic debts.
The Editors
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Column
Bail out Taxpayers First
Fear-mongering pundits and pols question the patriotism of lawmakers and taxpayers who oppose the bailout. They’ve got it all wrong.
Robert Scheer
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Deflation on the Horizon
If everyday life is hit by a deflationary wave, it will bring extreme hardship to millions.
Nicholas von Hoffman
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Regional Banks Can Solve the Credit Crisis
Take a lesson from Andrew Jackson: Rely on regional banks, not Wall Street, to get money in the hands of people who need it.
Nicholas von Hoffman
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Sarah Palin, Affirmative Action Babe
Affirmative action for potential leaders of the world’s most powerful country: that’s what the GOP stands for now.
Katha Pollitt
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The End of the Casino Economy
Now is the moment to kick neoliberalism into the grave. We won’t get another moment like this in our lifetimes.
Alexander Cockburn
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John McCain Explains What He Meant by Saying That the Fundamentals of the Economy Are Strong
He’ll figure it out eventually.
Calvin Trillin
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Books & the Arts
The Communist Manifesto Turns 160
As Karl Marx’s opus marks a big birthday, capitalism seems willing to mark the occasion by dropping dead.
Barbara Ehrenreich
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Will Letterman and Saturday Night Live Help Defeat McCain?
If Letterman and Saturday Night Live continue to cast McCain as a liar, it could have a devastating impact.
Adam Howard
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America Needs a New New Deal
We should apply FDR’s principles of relief, reform and reconstruction to our current financial crisis.
Katrina vanden Heuvel and Eric Schlosser
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Archive: Bearing Witness in Mississippi
As the eyes of the nation are focused on the University of Mississippi for the presidential debate, The Nation archive yields insights on key events in Mississippi during the civil rights era.
Marissa Colón-Margolies and Erica Landau
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Spectacular Wrongs: Gary Bass’s ‘Freedom’s Battle’
A new history celebrates the nineteenth-century roots of humanitarian intervention and glosses over their imperial pretensions.
Samuel Moyn
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Homing Patterns: Marilynne Robinson’s Fiction
Marilynne Robinson’s new novel explores faith, loneliness and the national passion play of race.
William Deresiewicz
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Letters
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Crossword
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Puzzle No. 3139
ACROSS 1 Nasty little kids, with one who tears inside out, and takes potshots. (12)
Frank W. Lewis