by Isaiah J. Poole | Oct 16, 2008 | Blog
On the heels of an explosive political document that has been hitting millions of mailboxes of potential voters— third-quarter 401(k) statements showing how much the Wall Street meltdown has hurt individual retirement savings—another potential game-changer is...
by Bill Scher | Oct 16, 2008 | Blog
Dean Baker notes that the "giant" tax increase Joe the Plumber fears would prevent him from buying a $280,000 plumbing business would amount to, at most, $900: Mr. Wurzelbacher says that he is planning to buy a plumbing business that has profits of between $250,000...
by Robert Borosage | Oct 16, 2008 | Blog
Nouriel Roubini is one of the few economists who warned about the housing bubble and predicted the financial collapse before it occurred. His alarms — dismissed as extreme by Wall Street nabobs and most economists — turned out to be right. Now he details the scope —...
by Sara Robinson | Oct 15, 2008 | Blog
Our fellow Americans, at long last, are getting it. Not only is the Age of Reagan over; it's becoming increasingly clear that the entire post-WWII order has come to the end of its run. The world as we have known it is passing away; and with it, so does our ability to...
by Bill Scher | Oct 15, 2008 | Blog
Sen. John McCain is losing. He said so himself in his speech yesterday. Candidates don't usually admit such a thing, so that qualifies as straight talk. But most voters don't want straight talk about political prospects. They want it about the issues that affect them...
by Robert Borosage | Oct 15, 2008 | Blog
Hey, "my friends," about the economy? "How about a little straight talk?" All that palaver about cutting spending, balancing the budget? Ruinous. Can't happen. We're going to have to borrow and spend a boatload of money to get this economy going. And tax cuts? That...