Top Leaderboard, Site wide
October 26, 2014
Truthdig: Drilling Beneath the Headlines
Sign up for Truthdig's Email NewsletterLike Truthdig on FacebookFollow Truthdig on TwitterSubscribe to Truthdig's RSS Feed

Get Truthdig's headlines in your inbox!


Truthdig Bazaar
Havana Nocturne

Havana Nocturne

By T.J. English
$18.45

more items

 
Tags

Tag: Great Depression

A Century of Collusion Between Washington and Finance

Former Wall Street executive, financial journalist and Truthdig contributor Nomi Prins tells “Democracy Now!” how a small number of bankers have played critical roles in shaping a century’s worth of financial, foreign and domestic policy in the United States, a series of events that she documents in her new book, “All the Presidents’ Bankers: The Hidden Alliances That Drive American Power.”

Posted on Apr 8, 2014 READ MORE



The Inevitability of Income Inequality

Inequality is endemic to the core structure of an America that operates more as a plutocracy than a democracy. It is an inherent result of the consolidation of a substantial amount of both financial power and political influence in the hands of a few families.

Posted on Mar 11, 2014 READ MORE


Krugman on Why Jobs Come First

New York Times columnist and Nobel Prize-winning economist Paul Krugman drew on 20th century U.S. history to explain to Bill Moyers how a Washington that was willing to spend could end the present American depression.

Posted on Jan 15, 2013 READ MORE



Mike Licht, NotionsCapital.com (CC BY 2.0)

Update: 25 People at the Heart of the Meltdown

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 READ MORE



nosha (CC BY-SA 2.0)

Plutonomy and the Precariat: On the History of the U.S. Economy in Decline

After the first few years of the Great Depression there was a sense that “we’re gonna get out of it.” It’s quite different now. For many people in the United States, there’s a pervasive sense of hopelessness, sometimes despair. I think it’s quite new in American history. And it has an objective basis.

Posted on May 8, 2012 READ MORE



Europe in Free Fall

In “After the Fall: The End of the European Dream and the Decline of a Continent,” Walter Laqueur explains how Europe’s success in constructing a harmonious community of states actually masked serious social, economic and political vulnerabilities that proved too fragile to bear the world’s most severe financial crisis since the Great Depression.

Posted on Jan 13, 2012 READ MORE



withayou (CC-BY)

Here Comes the Capital Strike

From his seat in Congress, House Speaker John Boehner announced in mid-September that American business owners would continue to hold the nation’s wealth (and thus the public welfare) hostage until government granted them the “low-tax, deregulated world they wanted,” writes journalist and author Thomas Frank in Harper’s online. (more)

Posted on Nov 26, 2011 READ MORE


The Great Depression, Now in Color

Picture, if you will, the Great Depression. Unless you actually lived through it, or close enough, chances are your mind might conjure up images of bread lines, bleak Dust Bowl landscapes or hungry, huddled families, and they’re probably in black and white.

Posted on Nov 8, 2011 READ MORE



AP / Thomas Watkins

The Great Depression Right Outside Our Doors

While Occupy Wall Street and similar movements around the country take aim at financial institutions and their political cronies for taking the country into recession, let’s not forget those at the very bottom who were victims of economic depression long before the current collapse.

Posted on Oct 28, 2011 READ MORE



The Breakdown of the European Union

The demise of the European Union has begun with riots; scholars afraid of repression are creating alternate Internets; meanwhile, the Occupy Wall Street protests are starting to get some traction with the mainstream. These discoveries and more after the jump.

Posted on Sep 20, 2011 READ MORE



Flickr / Latente ? www.latente.it

Nouriel Roubini: Capitalism Must Be Saved From Itself

Economist and New York University professor Nouriel Roubini explains that globalization, reckless lending and borrowing, and the redirection of income and wealth from industries dependent upon human labor and well-being to those composed mainly of capital ... (more)

Posted on Aug 15, 2011 READ MORE



AP / Morry Gash

Gov. Walker Does ‘Something Big’

The tea-party-enabled Wisconsin Legislature is working overtime to protect its governor.

Posted on Mar 4, 2011 READ MORE



Flickr / Mike Licht (CC-BY)

Obfuscating Unemployment

During the Great Depression, high rates of unemployment prevailed for 11 years. The experience of seeing a free market system drive itself into a rut that it cannot pull itself out of is nothing new. And we have long known the solution.

Posted on Jan 27, 2011 READ MORE



AP / Charles Dharapak

Obama Pulls a Clinton

Here we go again. When Bill Clinton suffered an electoral reversal after his first two years in office, he abruptly embraced the corporate money guys who had financed his congressional opposition in an effort to purchase a second term.

Posted on Jan 19, 2011 READ MORE



AP / Louis Lanzano

The Man Who Shattered Our Economy

Rejoice, the housing market is back. Sandy Weill just picked up a humdinger of a wine vineyard estate in Sonoma, Calif., for a record $31 million, so the foreclosure crisis must be over.

Posted on Nov 17, 2010 READ MORE



Flickr / Susan E Adams (CC-BY-SA)

Poison at the Tea Party

The tea partyers issue dire warnings of the threat posed by government, but their movement ignores the threat from corporate America: pollution, dangerous products and banking practices that brought us the worst economic crash since the Great Depression.

Posted on Oct 26, 2010 READ MORE


Down and Out in Silicon Valley

Remember the heady days before the Internet bubble went and burst, as bubbles tend to do? California’s Silicon Valley was one of the epicenters of that economic boom, but as this clip from Sunday’s “60 Minutes” illustrates, things look a little different there these days.

Posted on Oct 25, 2010 READ MORE



AP / Ralph Wilson

The Bipartisan Politics of Fear

Mercifully, the midterm election cycle is nearing its end. Both parties, we learn, are planning their “postmortem assessments.” The Daily Beast’s recent headline is a sign of the times: “Why Obama Can’t Lose in 2012.” Plan ahead.

Posted on Oct 13, 2010 READ MORE



‘The Great American Stickup’: Blame Clinton More Than Bush for the Economy

Since the collapse happened on the watch of President George W. Bush at the end of two full terms in office, many in the Democratic Party were only too eager to blame his administration.

Posted on Sep 16, 2010 READ MORE


pink slip sign
Flickr / aflcio

Where’s the Recovery?

As President Barack Obama, speaking last week in Buffalo, N.Y., was assuring the country that “our economy is growing again,” the usual large number of unemployed lined up at a community aid center in Los Angeles for food, clothing, advice and help finding a job.

Posted on May 17, 2010 READ MORE


Krugman
Wikimedia Commons / Prolineserver

Oh, the Naiveté, Mr. Krugman

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.

Posted on Dec 14, 2009 READ MORE



AP / Mark Lennihan

Steve Fraser on the Crisis of Capitalism

Does the prospect of deepening economic meltdown and political disarray raise the specter of a social upheaval and, perhaps, the collapse of capitalism, the likes of which we haven’t seen since the Great Depression?

Posted on Nov 6, 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


Bernanke and Lehrer
kc.frb.org

Chairman Bernanke Explains It All

On Sunday, Federal Reserve Chairman Ben Bernanke met the media, or at least PBS “NewsHour” anchor Jim Lehrer, along with some concerned citizens of Kansas City, Mo., to discuss how the Fed has dealt with the ongoing economic catastrophe over the past few months.

Posted on Jul 26, 2009 READ MORE


Thiermann

90-Year-Old Madoff Client Goes Back to Work

Even though this CBS report seems to want to make a feel-good story out of this one, it’s more the stuff of nightmares, despite 90-year-old Ian Thiermann’s good-natured take on his fate. After being retired for 30 years, Thiermann discovered that he’d lost his entire retirement fund due to Bernie Madoff’s shenanigans, and now Thiermann is working for $10 an hour in a California supermarket.

Posted on Feb 27, 2009 READ MORE


inauguraton memorabilia
AP photo / Jose Luis Magana

Here Comes the Change

Like many other people, I’d like to party all week when Barack Obama is sworn in as president. But this isn’t the year for it, not with unemployment rising and fear spreading through the land.

Posted on Jan 13, 2009 READ MORE


Paulson in negotiations
AP photo / Lauren Victoria Burke

Surprise! Paulson Sneaked $150B Bank ‘Windfall’ Into Bailout

Perhaps we should be more surprised than we are by the news that Treasury Secretary Henry Paulson and his DOT crew managed to sneak a handful of sentences into the approved bailout bill that amounted to a $150-billion “quiet windfall” for American banks, as The Washington Post put it.

Posted on Nov 10, 2008 READ MORE


Obama and the economists
AP photo / Chris Carlson

The Battle for Obama’s Economic Soul

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.

Posted on Oct 21, 2008 READ MORE


McCain Adviser on Economy: ‘Things Today Just Aren’t That Bad’

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.

Posted on Sep 14, 2008 READ MORE


ENTER_ALT_TEXT
U.S. Navy / Jordon R. Beesley

The Military-Industrial Complex: It’s Much Later Than You Think

Since 1961, there has been too little serious study of, or discussion of, the origins of the military-industrial complex, how it has changed over time, how governmental secrecy has hidden it from oversight by members of Congress or attentive citizens, and how it degrades our constitutional structure of checks and balances.

Posted on Jul 27, 2008 READ MORE


New York Times Roundup

The Gray Lady publishes a slew of important and underreported stories its Saturday edition:

  • Two federal courts strike down the Partial Birth Abortion Act because it doesn’t have an exception for the life of the mother.
  • Yahoo and AOL are going to introduce digital postage stamps that companies can buy to ensure delivery of their e-mail.
  • Most Internet users have no idea how easy it is for courts to get ahold of their personal information.
  • The personal savings rate of Americans falls below zero for the first time since the Great Depression.
  • Now James Frey’s editor says that he, too, was fooled by the fabricating fabulist.

  • Posted on Feb 4, 2006 READ MORE


    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.