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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...

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