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...
by Robert Borosage | Sep 22, 2008 | Blog
How did it come to this? The banksters issue a threat: Hand over $700 billion in taxpayers’ money–on top of the $600 billion already forked over–or we’ll take down the global economy. There will be a lot of obfuscation—fingers pointing every which way—but the story is...
by Terrance Heath | Sep 22, 2008 | Blog
What a weekend it was for the watchdog, and the rest of the country, as we literally watched history unfold from our respective perches. So much history, that it made it kind of hard to keep score, but we're going to call it 2-for-3 for the watchdog this weekend. On...
by Bill Scher | Sep 22, 2008 | Blog
Last week, the House passed a compromise bill with more coastal drilling and more clean energy without the support of conservatives. The Senate had been expected to follow suit -- since it was the "Gang of 10" group of Senators who had the original idea of such a...
