by Robert Borosage | Sep 25, 2008 | Blog
Get ready for the steamroller on the $700 billion bailout of Wall Street. Tuesday was the time for throat clearing. It started to get out of hand. Opposition to the plan grew through Wednesday morning. Then... 1. Warren Buffett, the Oracle of Omaha and the biggest...
by Robert Borosage | Sep 24, 2008 | Blog
It's gut check time. The attempt by Treasury Secretary Paulson to put a gun to the head of Congress and terrify them into forking over a $700 billion blank check to the Bush administration in 48 hours has failed. Now what? Most Americans would just as soon the Masters...
by Robert Borosage | Sep 22, 2008 | Blog
How did it come to this? The banksters issue a threat: Hand over $700 billion in taxpayers’ money–on top of the $600 billion already forked over–or we’ll take down the global economy. There will be a lot of obfuscation—fingers pointing every which way—but the story is...
by Robert Borosage | Sep 21, 2008 | Blog
Call it extortion. Every American is told to ante up $2,000—an estimated $700 billion in all—to bail out the banks from their bad bets, or they’ll bring down the entire economy. In a speculative frenzy that allowed the Masters of the Universe to pocket millions...
by Robert Borosage | Aug 17, 2008 | Blog
When Sen. Barack Obama receives the Democratic presidential nomination before 75,000 people in Denver's Mile High Stadium on the 45th anniversary of Martin Luther King Jr.'s "I Have a Dream" speech, new possibilities will be born. Obama may not be a "movement"...
