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...
by Robert Borosage | Sep 21, 2008 | Blog
Call it extortion. Every American is told to ante up $2,000—an estimated $700 billion in all—to bail out the banks from their bad bets, or they’ll bring down the entire economy. In a speculative frenzy that allowed the Masters of the Universe to pocket millions...
by Terrance Heath | Sep 19, 2008 | Blog
After an exhausting week of gasps and gaffes, mostly related to the economy, it's time for another weekend watchdog. All week long, the headlines have been blaring news of bankruptcy, bailouts, and buyouts up and down Wall Street. Most of us probably have more...
