Mark Zuckerberg speaks in 2008

The Big Tax Windfall from the Facebook IPO

Facebook insiders aren’t the only ones who will get big paydays from its historic initial public offering, which prices late Thursday and starts trading Friday.

Uncle Sam and Governor Jerry will have their greedy hands out, demanding their cut.

By … More…

The US Capitol building

Why Congress Is Broken

Couldn’t get enough of last year’s debt-ceiling “debate,” which almost resulted in a default and caused the US to lose its AAA credit rating? Well, sit tight, because a sequel may be in the works.

On Tuesday, House Speaker John … More…

Angela Merkel Speaks to Reporters

Austerity for Thee but Not for Me

The backlash against austerity is rolling through Europe like a runaway train on a high-speed track.

Greece’s political parties can’t form a government, and new elections will be held next month. Some pundits expect Syriza, the left-wing coalition that finished More…

JP Morgan Bank logo

JPMorgan Must Call off Its Lobbying Dogs

The fiasco involving JPMorgan Chase gets messier and messier as more details emerge about its disastrous trades in London.

The head of its chief investment office, Ina Drew, has stepped down amid reports she may have to give back at … More…

Jamie Dimon on Meet the Press (540×405)

What JPMorgan’s Jamie Dimon Should Do Now

Jamie Dimon, chairman and CEO of JPMorgan Chase, ate a lot of humble pie on “Meet the Press” Sunday over his bank’s huge $2-billion trading loss, which already has cost the jobs of three top JPMorgan traders and executives.

It … More…

Alexis Tsipras of the leftist Syriza before recent elections.

Greek Chaos Could Hurt Obama’s Re-Election

The crisis that hurts you most is the one you didn’t see coming. There may be one ahead for the Obama administration, but it’s hiding in plain sight.

Greece held parliamentary elections Sunday, and the results cast grave doubt on … More…

Workers at an electronics plant in Shenzhen, China

Four Reasons Why Many Jobs Won’t Come Back

We at The Independent Agenda don’t usually get in the middle of spats between Beltway commentators. But there’s a doozy going on now involving two A-List columnists from The New York Times who are throwing mud at each other without … More…

Prime Minister Benjamin Netanyahu in 2011 Flickr The Prime Minister of Israel

Bibi King of Israel

The astonishing shake-up in Israeli politics this week may have changed the entire game in Israel and the Middle East—and the prospects for war with Iran over its nuclear program.

By forming a unity government with his Likud Party’s principal … More…

Senator Richard Lugar on ABC This Week in 2009

Grand Old Man Lugar Bites the Dust

The Beltway media are predictably bemoaning the primary defeat of Republican Sen. Richard Lugar of Indiana to insurgent Richard Mourdock, a severe conservative backed by the Tea Party and the Club for Growth.  Mourdock, Indiana’s state treasurer, walloped Lugar by … More…