by Sara Robinson | Sep 25, 2008 | Blog
Those who don't remember the past are condemned to repeat it. Santayana's warning is now such a persistent cliche only because it's so painfully true. Where have we seen this kind of meltdown before? Oh, yeah, right—we've got those family snapshots of our grandparents...
by Bill Scher | Sep 25, 2008 | Blog
Rick flagged one of the conservative attempts to shift blame for the financial crisis away from their market deregulation and pin it on "government," namely the Community Reinvestment Act. Last night, President Bush played the blame-shift game again, trying to claim...
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 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?...
