Staff / TruthdigJan 30, 2009
The president is famous for his even disposition, but he appears to be flat-out pissed at the news that Wall Street bankers showered themselves with bonuses while helping drive the economy into a ditch. Dig deeper ( 1 Min. Read )
Marie Cocco / TruthdigJan 29, 2009
After eight years of trickle-down tax cuts that pushed the prosperous up and left most everyday Americans sliding further down, the stimulus bill now moving swiftly through Congress is more than a reversal of political course. Let's hope it's not too late. Dig deeper ( 3 Min. Read )
Staff / TruthdigJan 25, 2009
Barack Obama is coming out of the gate with quite the to-do list, not the least part being his new economic recovery plan, which carries quite the price tag at about $1 trillion. What is he thinking? Here, Obama gives some details in his weekly online address. Dig deeper ( 1 Min. Read )
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Staff / TruthdigJan 19, 2009
Want to know where the $350 billion banking bailout went and why it hasn't done a bit of good? Read, and weep over, this little-noticed report from the congressional panel set up to monitor the Treasury Department's distribution of our taxpayer funds. Dig deeper ( 6 Min. Read )
Robert Scheer / TruthdigJan 14, 2009
Why rush to throw another $350 billion of taxpayer money at the Wall Street bandits and their political cronies who created the biggest financial mess since the Great Depression? And why should we taxpayers be expected to double our debt exposure when the 10 still-secret bailout contracts made in the first round are being kept from the public? Dig deeper ( 3 Min. Read )
Staff / TruthdigJan 11, 2009
In his weekly address posted on Change.gov Friday, Barack Obama explains why he's starting his job before assuming office: It's the economy, stupid. Dig deeper ( 1 Min. Read )
Marie Cocco / TruthdigJan 8, 2009
Much of the business-tax package Obama contemplates fails his own test of cutting business taxes "where it makes sense and is going to work." Dig deeper ( 3 Min. Read )
Staff / TruthdigJan 5, 2009
In this series of weekly addresses posted on Change.gov before news of the Bill Richardson scandal broke, the president-elect makes an appeal for an economic recovery strategy that would ideally prevent further job losses and spark a turnaround in Americans' prospects as soon as possible. Dig deeper ( 1 Min. Read )
David Sirota / TruthdigJan 2, 2009
If you're like me, you sometimes find yourself speechless when confronted with abject insanity, such as conservatives' newest talking point -- the one designed to stop Congress from passing an economic stimulus package. Dig deeper ( 3 Min. Read )
Eugene Robinson / TruthdigJan 1, 2009
In a sense, we're all Bernie Madoff. We've been running our economy in accordance with his accounting principles for a generation -- and now we face a most unpleasant reckoning. Dig deeper ( 3 Min. Read )
David Sirota / TruthdigDec 26, 2008
For most of us, Benjamin Franklin's words in 1789 still apply: "Nothing is certain but death and taxes." However, millionaires, by definition, are not most of us. Dig deeper ( 3 Min. Read )
David Sirota / TruthdigDec 19, 2008
A voyage to Sin City in this moment of ecological and economic crisis is a journey to a giant concave mirror reflecting back the magnified -- and ugly -- truths about this epoch of cataclysmic consumption and hubristic hedonism. Dig deeper ( 3 Min. Read )
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