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...
by Alan Jenkins | Sep 19, 2008 | Blog, Economy
The challenges facing Americans today tend to be framed in the media and on the campaign trail as a daunting and often depressing laundry list of economic and social woes: home foreclosures and bank failures, rising health care costs and falling wages, underfunded...
by Isaiah J. Poole | Sep 19, 2008 | Blog
Almost overlooked in this morning's extraordinary headlines about government intervention to protect the nation's financial system from collapse was the failure of the House of Representatives on Thursday to act on a $50 billion stimulus package for the rest of us....
by Isaiah J. Poole | Sep 17, 2008 | Blog
If Sen. John McCain isn't going to be honest about the impact of his health care plan, we're just going to have to get louder and more blunt about it. We've said it before, but it bears repeating: When McCain says he won't raise taxes, he's wrong. His health care plan...
by Bill Scher | Sep 17, 2008 | Blog
As predicted here last week, House leaders put an "All of the Above" energy bill on the floor. And conservatives in Congress -- who pretended to support an "All of the Above" energy policy all summer -- rejected it, staying under the covers in bed with Big Oil. The...
