Top Leaderboard, Site wide
September 1, 2014
Truthdig: Drilling Beneath the Headlines
Help us grow by sharing
and liking Truthdig:
Sign up for Truthdig's Email NewsletterLike Truthdig on FacebookFollow Truthdig on TwitterSubscribe to Truthdig's RSS Feed

Newsletter

sign up to get updates


Truthdig Bazaar

Hallucinations

By Oliver Sacks
$26.95

more items

 
Tags

Tag: Economy

Cash for Clunkers
Flickr / billaday

U.S. Economy Showing Signs of Life

A report released by the Federal Reserve on Wednesday gave some indications that, for half of the districts tracked by the Fed and for certain markets, the American economy is slowly starting to revive from its near-death experience last fall.

Posted on Sep 9, 2009 READ MORE


Van Jones and the Boycott of Glenn Beck

The right-wing radio and TV host may have helped oust activist and green jobs adviser Van Jones from the administration, but in doing so he further justified the boycott against his broadcasts.

Posted on Sep 8, 2009 READ MORE


States Ignoring Stimulus Welfare Fund

Congress created a $5 billion emergency fund for needy families that can be used to immediately create jobs or pay rent for families facing eviction, but many states say they can’t afford to take advantage of the windfall.

Posted on Sep 8, 2009 READ MORE


Our Wallets Get Emptier

It isn’t all in our heads. Americans are feeling the real effect of shrinking paychecks that can’t keep up with inflation.

Posted on Sep 7, 2009 READ MORE


stocks
Flickr / Katrina.Tuliao

Wall Street Comes Up With a Great Idea for the Next Recession

The geniuses on Wall Street have found another way to gamble and call it investing. Forget about mortgage-backed securities (wouldn’t that be nice?). Life insurance securitizations are the new hotness on Wall Street. And the fun part is, they make more money when you die faster.

Posted on Sep 7, 2009 READ MORE



AP / Rick Rycroft

Food Is Power and the Powerful Are Poisoning Us

Our most potent political weapon is food. If we take back our agriculture, if we buy and raise produce locally, we can begin to break the grip of corporations that control a food system as fragile, unsafe and destined for collapse as our financial system.

Posted on Sep 6, 2009 READ MORE


Happy Labor Day

Share
Posted on Sep 6, 2009 READ MORE


Unemployment
theinsanityreport.com

Unemployment Hits a 26-Year High

Just as the Labor Day weekend arrives comes word that the U.S. economy shed another 216,000 jobs last month, pushing the unemployment rate up to a 26-year high of 9.7 percent.

Posted on Sep 4, 2009 READ MORE


Barack Obama
White House / Pete Souza

Don’t Be Fooled by the Public Option

The fight over the public option has occupied much of the media coverage, but left unsaid is the fact that weeks of behind-the-scenes negotiations have weakened the public option proposal to the point that it is hardly an option at all.

Posted on Sep 3, 2009 READ MORE


Madoff
AP / Louis Lanzano

SEC Missed Multiple Opportunities to Bust Madoff

It was a sad case of too little, too late when it came to the Securities and Exchange Commission’s readings of Bernie Madoff’s now-collapsed house of cards. On Wednesday, the SEC released a report about Madoff’s massive financial boondoggle, detailing the many moments in which chances were missed to stop the damage from spreading as far as it did.

Posted on Sep 2, 2009 READ MORE



Flickr / respres

Not Really a Lifeline for Homeowners?

John Dunbar of the Center for Public Integrity has analyzed the Obama administration’s home loan modification program, which aims to keep troubled borrowers in their homes, and finds it “highly problematic.”

Posted on Sep 1, 2009 READ MORE



Flickr / respres

A Lifeline for Homeowners? Not Really

John Dunbar of the Center for Public Integrity has analyzed the Obama administration’s home loan modification program, which aims to keep troubled borrowers in their homes, and finds it “highly problematic.”

Posted on Sep 1, 2009 READ MORE



U.S. Navy / MC3 Joshua Cassatt

Will Japan’s New Leader Maintain His Country’s Fealty to Washington?

The most important political question faced by a Japan led by the Democratic Party concerns the Japanese-American security relationship, which is both humiliating and exploitative.

Posted on Sep 1, 2009 READ MORE


New Light on Copenhagen Climate Talks

The 2009 Copenhagen climate conference will be critical to the success or failure of establishing a practical, binding global plan of action before human-caused climate change reaches the point of no return, creating a cascade of catastrophes.

Posted on Sep 1, 2009 READ MORE


Back to Normal

Share
Posted on Sep 1, 2009 READ MORE    


Spitzer
Center for American Progress

3 Reasons Eliot Spitzer Should Run Again

This is coming from the New York Post, so take it with a metric ton of salt, but the rag says former New York governor and “Client 9” Eliot Spitzer is thinking about getting back into politics, possibly challenging conservative Democratic Sen. Kirsten Gillibrand. Spitzer has repeatedly denied any interest in running again, but if the polling pans out he should. Here’s why…

Posted on Sep 1, 2009 READ MORE


D
AP / Jack Dempsey

Go to Pittsburgh, Young Man, and Defy Your Empire

Voices of change, who speak in powerful and yet unfamiliar words, are on their way to Pittsburgh. They will cry out to defy the heads of state, bankers and finance ministers meeting there for the G-20.

Posted on Aug 31, 2009 READ MORE


Schwarzenegger
Flickr/Ambidanze

Schwarzenegger Sells Signed Cars for California

Here’s a, um, creative way to funnel some money into a broke state’s coffers: Hold a California-themed garage sale, starring actor-turned-Gubernator Arnold Schwarzenegger. The governor has added a personal touch to some bigger-ticket items, such as automobiles, by signing them in an effort to clear out the state’s storage sheds and bring in the cash. What’s next, a Golden State bake sale?

Posted on Aug 26, 2009 READ MORE



Flickr / Wayne National Forest

Solar Power: Cheaper Than Ever

Spain accounted for almost half of the world’s solar power market in 2008, thanks to a Spanish subsidy that is now ending. The subsidy change, combined with an increased supply of solar equipment from China and Taiwan, has crashed international demand. Now solar modules are selling for half what they used to, according to a report on Global Post.

Posted on Aug 26, 2009 READ MORE


Who Is Obama Playing Ball With?

It looked like it was business as usual for President Barack Obama on the first day of his vacation, as he spent five hours golfing with a top executive from UBS, a bank that sheltered wealthy tax dodgers while hardworking U.S. taxpayers were bailing it out.

Posted on Aug 25, 2009 READ MORE


There Are More Slaves Today Than at Any Time in History

One writer spent four years inside the world of modern-day slavery, an industry that produces huge profits and countless wasted lives.

Posted on Aug 25, 2009 READ MORE



AP / Joe DeMaria

Giuliani Eyes New York Comeback

The N.Y. Times reports on the return of Rudy: “Nineteen months after ending his disastrous run for the presidency, Rudolph W. Giuliani is clearing a path for a possible race for governor in 2010. ...”

Posted on Aug 25, 2009 READ MORE


Bernanke
Wikimedia Commons / United States Federal Reserve

Bernanke Up for Round Two as Fed Chief

After heading up the Fed during the nation’s biggest economic catastrophe in decades, Federal Reserve Chairman Ben S. Bernanke will be nominated to continue his role for a second term, according to another top Obama adviser, David Axelrod.

Posted on Aug 24, 2009 READ MORE



White House / Pete Souza

Obama’s Invisible Achievement

If governments had not acted aggressively, the economic situation would have become a cataclysm. But because the cataclysm was avoided, this is an invisible achievement.

Posted on Aug 23, 2009 READ MORE


Unemployment
wfxl.com

California Jobless Rate Tickles 12%

Talk of an economic rejuvenation in recent weeks got a sobering smack in the face Friday as California’s jobless figures were released. The Golden State’s unemployment rolls reached 11.9 percent in July, a post-World War II high.

Posted on Aug 22, 2009 READ MORE



Federal Reserve

Bernanke Talks of Better Economic Times Ahead

After seemingly endless months of relentlessly distressing financial reports, Federal Reserve Chairman Ben S. Bernanke said Friday that the economic news is looking up on both the national and global economic fronts, and that “prospects for a return to growth in the near term appear good.”

Posted on Aug 21, 2009 READ MORE


New Credit Card Rules Activate

With the folksy charm of a timeshare salesman, Austan Goolsbee of President Obama’s Council of Economic Advisers outlines some of the new credit card rules, which began taking effect Thursday.

Posted on Aug 20, 2009 READ MORE


The Equal Rites Awards, 2009

Every year at this time, we celebrate the anniversary of women’s suffrage by recognizing those who have done their best over the last 12 months to set back the cause of women.

Posted on Aug 20, 2009 READ MORE



AP / Jae C. Hong

You Can’t Blame Obama for American Stubbornness

The president is simply too decent to get the job done. His advisers never learn from their mistakes and the American public is intolerant and hasn’t a clue as to what really is going on in the world.

Posted on Aug 18, 2009 READ MORE



Flickr / Marius Arnesen

Israeli Blockade = Hamas Cash

Israel’s blockade of Gaza is making archenemy Hamas rich. According to The Christian Science Monitor, Gaza businessmen (who are going bankrupt thanks to the blockade) say Hamas and friends “have been using their control of smuggling tunnels, money changing, and tax revenue to buy prime tracts of land and buildings. ...”

Posted on Aug 17, 2009 READ MORE



Flickr / Michell Zappa

Japan Exits Recession

The world’s second-largest economy is back in the black. Japan’s economic growth is positive for the first time in over a year, beating expectations. The good news comes as the economies of Germany and France are also growing and China is in full boom. Kanpai!

Posted on Aug 17, 2009 READ MORE


Madoff pleads guilty
AP / Louis Lanzano

The Other Bernie Madoff Affair

Bernard Madoff’s connection with the New York-based Jewish charity Hadassah has become fraught above and beyond the economic level since the organization’s CFO, Sheryl Weinstein, claimed that she and the fallen financier had an affair, which she details in her upcoming memoir, “Madoff’s Other Secret: Love, Money, Bernie, and Me.”

Posted on Aug 14, 2009 READ MORE


Don’t You Forget About John Hughes

The late director’s films were marketed as one-off parables about teenage angst, but they were really celebrations of the intrinsic worth of the regular person.

Posted on Aug 13, 2009 READ MORE


How Bad Things Might Have Been

The summer has become a bummer, but almost every day there’s some reminder of how far we’ve come since President Obama’s inauguration—and how much worse things could be.

Posted on Aug 13, 2009 READ MORE


Castro photo
AP / Franklin Reyes

Castro Issues Critique of U.S. Economic Policy

Just in time for his 83rd birthday, former Cuban President Fidel Castro made his presence known once again, by signaling his displeasure with the United States’ handling of the recent financial catastrophe. He spoke out in an Op-Ed article published Thursday in Cuba’s government-run newspapers.

Posted on Aug 13, 2009 READ MORE



Flickr / showbizsuperstar

Here’s Hoping Obama Really Is a Socialist

In this topsy-turvy world it seems one’s proximity to full-blown communism is directly proportional to one’s success in capitalism. Take Red China’s explosive economic growth, or the unexpected success of semi-socialist Germany and France, which just bid auf Wiedersehen and adieu to the recession.

Posted on Aug 13, 2009 READ MORE


Paul Krugman: Big Government Prevented a Second Depression

The Nobel Prize-winning economist writes that “around a million more Americans are working now than would have been employed without that [stimulus] plan. ... ” He also argues that “it’s possible to be dissatisfied, even angry, about the way the financial bailouts have worked while acknowledging that without these bailouts things would have been much worse.”

Posted on Aug 10, 2009 READ MORE


Ralph Nader
AP / Carolyn Kaster

Nader Was Right: Liberals Are Going Nowhere With Obama

“Something is broken,” Ralph Nader said when I reached him at his family home in Connecticut. “We are not at the Bangladesh level in terms of passivity, but we are getting there.”

Posted on Aug 10, 2009 READ MORE


Inside Story on Town Hall Riots: Right-Wing Shock Troops Do Corporate America’s Dirty Work

How the health care industry, the GOP and one media mogul made common cause with the anti-government fringe.

Posted on Aug 10, 2009 READ MORE


AIG sign
visitbulgaria.info

AIG Logs a Profit

For almost two years, insurance giant AIG has experienced quarterly losses—until now. The infamous company is reporting its first profitable quarter since 2007, a turnabout that will give the U.S. government a whopping $1.5 billion gain as a shareholder, while individual shareholders get to split $311 million among themselves.

Posted on Aug 7, 2009 READ MORE


Economy
southwestga.com

In the Jobless Numbers, a Glimmer

Woe is still the economy, but several numbers are indicating that the recession might, just might, be easing up. The pace of U.S. job losses has gradually slowed, and the unemployment rate actually dropped in July for the first time in over a year.

Posted on Aug 7, 2009 READ MORE


Cash for Clunkers

Share
Posted on Aug 6, 2009 READ MORE


Returning Soldiers

Share
Posted on Aug 5, 2009 READ MORE


banking protest
AP / Mark Lennihan

Banking Bandits Get Their Reward

By now everybody must know that the top banking executives responsible for our economic meltdown have no shame. Otherwise they would not have dared give themselves such hefty bonuses as a deeply perverse reward for actions that caused millions of Americans to lose their jobs and homes.

Posted on Aug 4, 2009 READ MORE


Read My Lips: We Need to Raise Taxes

Does President Obama care about passing health care reform that truly gets costs under control and getting the nation’s fiscal house in order or does he care more about getting re-elected?

Posted on Aug 4, 2009 READ MORE


Met
newyorkstatesearch.com

New York Arts Institutions in Jeopardy

The economic downturn has been rough on countless industries, and arts organizations in New York City that rely on endowment money to survive have been hit hard—not just, as City Journal’s James Panero points out, by the immediate effects of the meltdown felt round the world, but also by the “indirect effects” of how some of their funds have been managed.

Posted on Aug 4, 2009 READ MORE



Flickr / kevindooley

Come Rain, Sleet or E-Mail

After losing about $7 billion this fiscal year, the U.S. Postal Service may shut down as many as 700 local post offices. The postmaster general has also asked Congress to approve cutting deliveries to five days a week.

Posted on Aug 3, 2009 READ MORE


B of A
ceoworld.biz

SEC Fines B of A $33M for Bonus Bust

It’s baffling how $33 million can seem like a relatively small sum lately, but given that it’s all that Bank of America will have to pay the SEC for failing to inform investors about the billions in bonuses the bank paid Merrill Lynch executives during B of A’s acquisition of Merrill last year, it seems more like a light knuckle-rap than a full-on spanking.

Posted on Aug 3, 2009 READ MORE



AP / LM Otero

So Much for the Promised Land

The most prominent faces of color, such as President Obama or Harvard’s Henry Louis Gates Jr., mask an insidious new racism that, in essence, tells blacks they have enough, that progress has been made and that it is up to them to take advantage of what society offers them.

Posted on Aug 3, 2009 READ MORE


Can Republicans Escape Their Extremists?

Things are looking up for the Republicans, relatively speaking. There’s just one problem: The country still doesn’t like them.

Posted on Aug 3, 2009 READ MORE


View older articles: « First  <  53 54 55 56 57 >  Last »

View the most popular tags overall?

 
Right 1, Site wide - BlogAds Premium
 
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 
Right Skyscraper, Site Wide
 
Join the Liberal Blog Advertising Network
 

A Progressive Journal of News and Opinion   Publisher, Zuade Kaufman   Editor, Robert Scheer
© 2014 Truthdig, LLC. All rights reserved.