by Isaiah J. Poole | Oct 7, 2008 | Blog
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...
by Bill Scher | Oct 7, 2008 | Blog
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...
by Leo Gerard | Oct 7, 2008 | Blog
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...
by Robert Borosage | Oct 7, 2008 | Blog, Minimum Wage
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...
by Alan Jenkins | Oct 7, 2008 | Blog
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...
by Terrance Heath | Oct 6, 2008 | Blog
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...
