Nicholas von Hoffman : U.S. Economy
Forget big bailouts. The fed should finance non-profit state banks like the Bank of North Dakota--no profit means no reason for bankers to misbehave--to get real money to real people in the real economy.
Robert Scheer : U.S. Economy
Obama, who promised change, has put the same old Wall Street hustlers on his economic team. Maybe he could send us an e-mail to explain.
William Greider : U.S. Economy
No more free money from Washington. No more masters of the universe. No more business as usual.
The Editors : U.S. Economy
If nationalizing banks is suddenly on the table, what else might be placed there?
Patricia J. Williams : U.S. Economy
The real scandal of the year is that Eliot Spitzer, brought low by his own bad behavior, had predatory lenders in his sights.
Robert M. Lawless : Supreme Court
The Supreme Court has done little to protect a nation of debtors from predatory lending practices.
Nicholas von Hoffman : U.S. Economy
Henry Paulson's latest plan takes us further down to road to state capitalism, whose only principle is to protect the bankers who created the problem.
Robert Scheer : Presidential Election 2008
For years, John McCain backed legislation that decriminalized Wall Street's reckless conduct. No amount of New Deal posturing can hide that record.
Nomi Prins : U.S. Economy
The Treasury Secretary's decision to buy equity stakes in banks still fails to address the fundamental flaws in the system.
Robert Sherrill's pathbreaking 1990 exposé of the savings and loan scandal sheds light on John McCain's deregulatory politics--and our current financial crisis.
Nicholas von Hoffman
As the next Congress creates a new regulatory structure for our crippled financial system, job one is breaking Wall Street's grip on capital and credit.
William Greider : U.S. Economy
Congress must take control of the failed financial system until a new president can legislate a more permanent and equitable solution.
Nicholas von Hoffman
Take a lesson from Andrew Jackson: Rely on regional banks, not Wall Street, to get money in the hands of people who need it.
Nicholas von Hoffman : U.S. Economy
Remember the National Lampoon cover showing a puppy with a gun to its head? That's the Paulson plan.
Robert Scheer : U.S. Economy
Henry Paulson isn't proposing the nationalization of private corporations--he wants a corporate takeover of government.
James K. Galbraith & William K. Black : U.S. Economy
Bernanke is asking for trust he has not earned. Here's a shortlist of conditions to make this a credible deal.
William Greider : U.S. Economy
Instead of handing Bernanke $700 billion with no strings attached, government should take over the banking and finance sector, clean it up and start funneling money into the real economy.
James S. Henry : U.S. Economy
The bailout jeopardizes the entire progressive agenda, undermines democracy, doesn't compensate us for our money and doesn't solve the problem. Otherwise, it's great!
Thomas Ferguson & Robert Johnson : U.S. Economy
The Paulson/Bernanke bailout plan is not the way to go, unless you work on Wall Street. Even if you do, there are compelling reasons to fear it. Here's what Congress should do instead.
Nicholas von Hoffman : U.S. Economy
Even without knowing the specifics of Paulson's staggering rescue plan, you can kiss the environment, preschool education and health insurance for all goodbye.
William Greider : U.S. Economy
Paulson's rescue plan represents a historic swindle--all sugar for the villains, lasting pain for the rest of us. Don't let Wall Street get away with this without enacting significant reform.
Steve Fraser : U.S. Economy
Washington's mission may, at this late date, be an even greater one than Roosevelt's New Deal faced.
Nicholas von Hoffman : U.S. Economy
Fifty-seven million American families, who put their money in theoretically stable investments find themselves staring into the abyss.
Jason Flores-Williams
Sorry, but I have no sympathy for the sudden poverty of investment bankers who've gamed and likely destroyed our financial system in the relentless pursuit of wealth.
Nicholas von Hoffman : U.S. Economy
As bigwigs get bailouts, taxpayers ponder layoffs, ruined retirements and wiped out college funds. Yet neither McCain or Obama have tapped into that anger.
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