by Terrance Heath | Sep 24, 2008 | Blog
I admit it, the past week has left me speechless. As I sat and read the news about how the last of the investment banks shuffled off into extinction (kinda; they're just becoming regular old banks now), it did feel like I was sitting in front of my television again...
by Isaiah J. Poole | Sep 24, 2008 | Blog
In a memo posted at the Poynter Institute journalism website, David Cay Johnston, a former economics reporter at The New York Times, warned journalists about accepting at face value Bush administration claims that a crisis on Wall Street demands the rapid, drastic...
by Bill Scher | Sep 24, 2008 | Blog
Congressional leaders have backed down to conservatives and will let the current federal ban on most coastal drilling to completely expire. What does this mean for our energy policy? What does this say about the congressional leadership and the progressive movement?...
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 Bill Scher | Sep 23, 2008 | Blog
As I write this, Treasury Secretary Henry Paulson is testifying before the Senate Banking Committee. In his opening statement, he appeared to depart from prepared remarks to respond to statements from Senators calling for independent monitoring of Paulson's actions in...
by Eric Lotke | Sep 22, 2008 | Blog
The economy is sinking. Wages are flat, costs are rising and bridges are collapsing. Wall Street doesn’t know which way is up. The bail out is coming now and the stimulus checks came in the spring. But three quarters of Americans (still) think the country is on the...
