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 . '/' . substr('9780802120229',-6,3) . '/' . '9780802120229' . '.jpg'; ?>)
By Frances Itani
$24.00
 . '/' . substr('9781560256649',-6,3) . '/' . '9781560256649' . '.jpg'; ?>)
By Marc Cooper
$40
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AP
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By Robert Scheer — For all of the strident attacks on Stockman’s column, I have yet to read a serious critique of his most brazen claim.
Posted on Apr 2, 2013
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daveeza (CC BY-SA 2.0)
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The man who missed the $8 trillion housing bubble that was generating more than $1 trillion in wealth per year—and the collapse of which led to the current demand crisis that is strangulating the economy—was present at the formation of the corporate-backed Campaign to Fix the Debt.
Posted on Dec 29, 2012
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Democracy Now!
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By Alexander Reed Kelly — “We all misjudged the risks involved,” former Federal Reserve Chairman Alan Greenspan said in March 2010 of the housing bubble that led to the financial crisis. He forgot about economist Dean Baker.
Posted on Dec 15, 2012
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Image from "Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures"
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By Thomas Hedges, Center for Study of Responsive Law —
Fedspeak, vague and convoluted answers to economic questions, was popularized by Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006. It allowed him to essentially say “no comment” without admitting that he was avoiding questions.
Posted on Dec 14, 2012
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Gage Skidmore (CC BY-SA 2.0)
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The New Yorker has published an insightful, if unsurprising, profile of Wisconsin Rep. Paul Ryan, detailing how the young lawmaker became a champion of today’s form of arch-libertarianism and how he’s worked to push that ideology into the mainstream of the Republican Party.
Posted on Aug 9, 2012
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Mike Licht, NotionsCapital.com (CC BY 2.0)
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At the height of the financial crisis, The Guardian identified 25 bankers, economists, politicians and financial officials who helped bring about the worst economic crisis since the Great Depression. What are they up to now?
Posted on Aug 7, 2012
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Center for American Progress (CC-BY-ND)
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Chairman Phil Angelides and the five other Democrats on the 10-person Financial Crisis Inquiry Commission have released their devastating report, which assigns blame for the economic meltdown. They pointed at Treasury Secretary Timothy Geithner (above), among others.
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AP / J. Scott Applewhite
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Former Fed chief Alan Greenspan faced the proverbial firing squad, or in this case the congressionally appointed Financial Crisis Inquiry Commission, to answer questions Wednesday about his leadership choices at the Fed with regard to some key factors that triggered the financial implosion in 2008.
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What Noam Chomsky has to say about globalization, why older is wiser, and proof that at least two of the three bozos who most wrecked the economy still don’t get it.
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Wikimedia Commons / Prolineserver
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Here we have one of those columns that might have initially been missed (even by those of us who blog fastidiously about such things) that bears repeating, or re-posting, as the case may be: We submit, for your consideration, Paul Krugman’s latest column. That is all.
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For the holiday weekend, the “Left, Right & Center” squad takes a good, hard look at the state of the economy: How did we get here? Who’s to blame? Can it be fixed? Argument, and even entertainment, ensues as Robert Scheer, Arianna Huffington, Matt Miller and Tony Blankley do their best to make sense of it all.
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So Alan Greenspan isn’t clairvoyant, as it turns out. Whoops! Neither, apparently, are Sarah Palin’s handlers, or else they might have done some bargain shopping instead of landing their leading lady in a heap of trouble over her pricey threads.
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AP photo / Chris Carlson
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By Robert Scheer — Instead of running with the “European socialist” crowd, as John McCain has claimed, Barack Obama has turned to the same American “free market” elite that views government as merely a corporate subsidiary. Even within that group, however, there are serious splits, and the more enlightened side seems to be winning.
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On Sunday, The Washington Post ran an Op-Ed piece written by McCain campaign adviser Donald Luskin in which he argues that, despite “trouble spots in the economy,” recent comparisons between the present moment and the Great Depression are the product of “pessimists” and “politics.” Over to you, Alan Greenspan.
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broadcatching.wordpress.com
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Seems like everything is a crisis these days, what with the subprime mortgage crisis, the oil crisis and, perhaps most troubling of all, the climate change crisis. Former Federal Reserve Chairman Alan Greenspan acknowledged the complexity and interconnectedness of these unsettling trends Tuesday, stopping short of declaring that a major recession is on the way but without ruling out a recession of lesser magnitude.
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France 24
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Those hoping for better news about the state of the U.S. economy—not to mention the bigger picture—aren’t going to hear it from former Fed chair Alan Greenspan anytime soon, judging by his ominous forecast released Monday.
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The Economist
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Alan Greenspan used his powers of economic foresight Monday to caution Americans about a possible upcoming recession. While the former Fed chairman stressed that he can’t accurately predict changes far in advance, Greenspan speculated that we may see a dip in the economy within the year.
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Too Soon to Tell: The Case for Hope, Continued
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