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Founded in 1990 by three leading progressive intellectuals and policy experts – Robert Reich (later Secretary of Labor in the Clinton Administration), Robert Kuttner and Paul Starr – The American Prospect has evolved over its 15 years from liberalism’s most authoritative policy journal to a full-service liberal monthly, which has added in-depth political and social reporting and cultural commentary to its policy analyses. Recent Prospect articles widely cited in the press include Linda Hirshman’s reappraisal of feminism, Will Bunch’s expose of Republican Senator Rick Santorum’s dubious personal finances, and Mark Goldberg’s story on the butcher of Darfur who’s also a CIA asset. “Tapped,” the Prospect’s blog, is considered among the smartest and most liberal weblogs in the land, featuring such stellar young talents as Garance Franke-Ruta and Matt Yglesias.
In 2001, the magazine moved its editorial operations from Boston to Washington, DC, as Kuttner stepped down from day-to-day editing and Harold Meyerson, moving east from Los Angeles, took the reins. Today, the magazine is edited by former New York Magazine political editor Michael Tomasky, and Meyerson, as editor-at-large, authors a wide range of pieces. In the current April issue, he has a major piece on the problems of the economy in the era of outsourcing, which asks the question: Can America survive American capitalism?
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Gingrich's Endgame
February 16, 2012
Prospect.org
Here’s the problem with Newt Gingrich’s campaign for president:
We know what Ron Paul’s supporters look like (young, genial) and believe (they’re loony). We know that Rick Santorum’s supporters are downscale and devout. We know that Mitt Romney’s supporters are upscale—indeed, the more upscale the Republican, by evidence of the exit polls, the more likely he or she is to be resigned to Mitt. Above all, they want to win, though they’re having growing doubts that they picked the right horse. And Newt’s supporters …
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Hidden Gems in the Mortgage Deal
February 10, 2012
Prospect.org
In the end, as at the start, Thursday’s deal between five big banks, the Department of Justice, and the attorneys general of 49 states came down to New York, the center of mortgage securitization and securities misrepresentation, and California, the center of mortgage mis-origination. Those states’ attorneys general—New York’s Eric Schneiderman and California’s Kamala Harris, both progressive Democrats elected in 2010—weren’t about the give the banks a pass. Which is why it wasn’t until two a.m. Thursday that the deal was finalized.
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Wall Street's Third Party
February 09, 2012
Prospect.org
This November, when Barack Obama faces off against his Republican opponent, there will be a third candidate in the race, too. This candidate has already qualified for the ballot in 14 states, including California. The campaign to ensure the candidate’s ballot access in all 50 states has raised $22 million (more than the campaigns of every Republican presidential candidate except Mitt Romney), with which it has employed 3,000 paid signature gatherers and enlisted 3,000 volunteers.
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Miracle in Vegas
February 07, 2012
Prospect.org
On Saturday night, as CNN’s wall-to-wall coverage of the Nevada caucuses was wilting from lack of anything to cover (candidates had yet to appear, vote totals were both low and unchanging, commentators had nothing to say), the network decided to air the one caucus still ongoing: the post-Shabbat Vegas caucus that the state GOP had set up to accommodate those observant Jewish Republicans who couldn’t turn out till the sun set.
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Gingrich the Spoiler
February 06, 2012
Prospect.org
The most important rule in Nevada is don’t bet against the house. The guys who got it wired tend to win, and Mitt Romney, candidate of the Mormon majority, didn’t disappoint in Saturday’s caucuses. Equally unsurprising was the low turnout, which probably fell short of the number of people dropping their paychecks in the MGM Grand Casino on Saturday night. The best efforts of the media to drum up a story notwithstanding, the Nevada caucuses yielded no surprises and barely anything of interest.
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Wall Street Backs One of Its Own
February 03, 2012
Prospect.org
Bankers are supposed to be the personifications of economic reasoning, but anyone looking at the financial reports of the presidential candidates and super PACs that have come out this week might conclude that there’s more to their political calculations than dollars and cents. Indeed, what these reports fairly shout is that Wall Street’s political picks have been swayed by offended egos and tribalism.
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