Andy Grove, co-founder of Intel, has made the case that America needs to be building things here, investing here and manufacturing here. We need the know-how and the ecosystem of innovation. The more corporate America seeks to push production risk off the balance sheet onto an increasingly fragile global supply chain, the more it seeks to wound the state so there is no body that can constrain its worst impulses, the more likely we will see a truly devastating Lehman-style industrial supply shock.

Every four years Americans steady themselves for a fresh set of lies from the right — a ritual prelude to the quadrennial presidential elections. Last night, eight ReTHUGliLOON candidates attacked each other and president Obama, in the second debate of this primary season — ahead of the Ames, Iowa Straw Poll — to be held [...]

‘Weather Balloon‘ Rush Limbaugh: “The Heat Index is a Government[Obama's] Conspiracy”; Right-Wing Fringe Suggests Obama Admin. Caused Deaths Of SEALs In Afghanistan MMFA: On the August 9 edition of The Colbert Report, host Stephen Colbert mocked Rush Limbaugh for claiming that the heat index is a government[Obama's] conspiracy, joking, “The heat index is just more [...]

Michele Bachmann is very pleasing to the eye, and a photographer doesn’t have to resort to digital manipulation to make her look good. I don’t mean to imply that physical attractiveness is Bachmann’s most outstanding virtue, she’s intelligent, well spoken and dedicated to her right-wing ideology. michele But there’s a touch of madness about Michele [...]

Fox Business host Eric Bolling took to Fox News’ Fox & Friends to discuss the “scary” potential economic consequences of Standard & Poor’s (S&P) “downgrade” of the U.S. credit rating. Yet during negotiations over avoiding a default crisis, Bolling repeatedly cheered for the U.S. to default, which experts agreed not only would have led to a downgrade, but also would have had disastrous economic consequences.