Archive
Joe Sixpack Demands Answers From McCain & Co.
Sarah “Joe-Sixpack” Palin pulled her labor union roots out of the frozen Alaskan soil and started shaking them at normally union-allergic Republican crowds from the day John McCain announced her as his running mate. Recently, she redoubled her efforts to cast herself...
Depression Conditions That Demand A New Deal Response
The economy that conservatives until a few weeks ago were calling "fundamentally sound" is actually, in many respects, in the worst shape it's been in since the Great Depression, according to a report by economist Charles McMillion. While the report primarily focuses...
The One-Sided Idea War: The Economy
A consensus is growing that Sen. John McCain's slippage in the polls is the result of not saying much on the economy, and he needs a big economic idea to turn things around. MSNBC's First Read writes: It's a tough position McCain finds himself in: On one hand, the...
Chickens Home to Roost
While the recently passed bailout bill may or may not help to stabilize the credit markets (and on Monday it looked as if it may have in fact made it worse) it is absolutely clear that it does nothing to address the fundamental cause of this crisis – declining home...
The Real Economy Strikes Back
So much for the $700 billion bailout of Wall Street. Stocks are tanking across the world. Clearly, once the bailout passed, investors took a good look at the real economy and dove for the mattresses. We’re headed into a great reckoning. And at the heart of that, as...
Pre-Inventing History
You’ve got to admire the conservative echo chamber. In the shadow of a financial meltdown that McCain and Obama both (correctly) agree stemmed largely from a lack of governmental oversight of irresponsible corporate behavior, conservative spinmeisters are blaming the...
Weekend Watchdog Wrapup
Well, it looks like another 0-for-3 weekend for the watchdog, as most of the questions focused less on the economy and more on the presidential race and campaign tactics. Michigan Governor Jennifer Granhlom — who stood in for Republican vice presidential...
Postcard from Wasilla
Jonathan Raban, writing in the London Review of Books, gives us a keen insight into what happens when you let conservatives build cities: Present-day Wasilla is Palin’s lasting monument. It sits in a broad alluvial valley, puddled with lakes, boxed in on three sides...
Weekend Watchdog
It's been a nail-biter of a week, as the nation's attention rocketed between the bailout wranglings on the Hill (Will there or won't there be a bailout package? There is.) and the vice presidential debate (How will the candidates do? Both survived.). But the real...
Cox And The Right Set Up Wall Street's Fall
In 2005, our co-director Robert Borosage warned readers about the travesty of appointing Christopher Cox to the Securities and Exchange Commission. Business Week described corporate lobbyists as "almost giddy" at the prospect of Cox at the head of the SEC because Cox...
