The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent.

A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year.

Anyone smart and strong enough to fight delusional thinking and who pays attention to current events should clearly see that corporate corruption of the US political system is so pervasive and powerful that there will be no genuine reform of both the health care and financial sectors.

I always believed that president Obama was just a different color corrupt politician who was subservient to the two-party plutocracy.  His so-called reform efforts and ludicrous federal deficit spending should disappoint all his non-delusional supporters.

The latest Pew Research surveys indicate that Americans’ views of media bias and independence now match previous lows. It is a self inflicted wound and not big surprise.

”Just 29% of Americans say that news organizations generally get the facts straight, while 63% say that news stories are often inaccurate.”

Several years ago I interviewed Bernie Goldberg after his book ‘Bias’ was released. Goldberg underscored the bias point when he told me,