Business & Economy - Page 602 of 623

It’s Henry Paulson’s Move

David Sirota / Truthdig Oct 10, 2008 Is Henry Paulson a crony communist or a businessman? The answer could be the difference between economic disaster and recovery. Dig deeper ( 3 Min. Read )

Republican Economic Policies Don’t Add Up

Arthur Blaustein / Truthdig Oct 7, 2008 Many Americans believe, despite the current financial crisis, that Republicans are generally better at managing the economy. History tells a very different story. Dig deeper ( 6 Min. Read )

How Can These Fundamentals Be Called Strong?

Staff / Truthdig Oct 3, 2008 A government report released Friday morning leaves little room for any defense of the failed policies of the Bush administration or any belief in the economic wisdom of John McCain, whose erroneous assertion that the "fundamentals of the economy are strong" failed to mention a 6.1 percent unemployment rate, up nearly two percentage points since 2007. Dig deeper ( 1 Min. Read )

‘Daily Show’: Baron Von Moneypants

Staff / Truthdig Sep 24, 2008 Treasury Secretary Henry Paulson's proposed bailout carries a price tag of $700 billion, a staggering figure that CNN has helpfully translated into terms that every American can understand by consulting the McDonald's (apple) pie chart. Dig deeper ( 1 Min. Read )

A Fox to Protect the Henhouse?

Robert Scheer / Truthdig Sep 24, 2008 Does it really matter which party is in charge when it comes to bailing out the Wall Street hustlers whose shenanigans have bankrupted so many ordinary folks? Not if the Democrats roll over and cede power to the former head of Goldman Sachs, the investment bank at the center of our economic meltdown. Dig deeper ( 3 Min. Read )

Getting the Bailout Right

E.J. Dionne Jr. / Truthdig Sep 23, 2008 Unless something very strange happens, Congress will pass a massive bailout of the financial system by the end of this week simply because every other option is worse. But the content of the bailout package matters enormously. Dig deeper ( 3 Min. Read )

So Much for the ‘Masters of the Universe’

Eugene Robinson / Truthdig Sep 23, 2008 Let's be clear about why we're facing a crisis that could pull down the global financial system. The irresponsibility of individuals who bought houses they couldn't quite afford pales in comparison to the irresponsibility of the financial wizards who built on those shaky mortgages a towering edifice of irrational faith. Dig deeper ( 3 Min. Read )

‘Democracy Now!’: Sen. Sanders, Scheer on the Bailout Boondoggle

Staff / Truthdig Sep 23, 2008 On Monday morning, as the aftershocks from Wall Street's worst week in decades continued to rock the national and global economy and the Bush administration scrambled to contain the fallout with a bailout plan that could cost American taxpayers over a trillion dollars, Sen. Bernie Sanders, Robert Scheer and Dean Baker joined "Democracy Now!" host Amy Goodman (above) to sort through the rubble and speculate about what might come next. Dig deeper ( 1 Min. Read )

Fleecing What’s Left of the Treasury

Chris Hedges / Truthdig Sep 22, 2008 The lobbyists and corporate lawyers, the heads of financial firms and the crooks who control Wall Street, all those who spent the last three decades assuring us that government was part of the problem and should get out of the way, are now busy looting the U.S. treasury. Dig deeper ( 5 Min. Read )

Economic Meltdown: Don’t Say We Weren’t Forewarned

Robert Scheer / Truthdig Sep 19, 2008 Has the war on terrorism become the modern equivalent of the Roman Circus, drawing the people’s attention away from the failures of those who rule them? Corporate America is a shambles because deregulation, the mantra of our president and his party, has proved to be a license to steal. Dig deeper ( 3 Min. Read )

‘Daily Show’: Economic Meltdowns Have Their Upsides

Staff / Truthdig Sep 19, 2008 Hey, now that Jon Stewart mentions it, that whole government bailout thing starts to sound a lot better: We, the taxpayers, just bought a really, really big insurance company. That's like having two hotels each on Boardwalk and Park Place in Monopoly, right? Dig deeper ( 1 Min. Read )

Reality Catches Up to the Free Market

William Pfaff / Truthdig Sep 19, 2008 Karl Marx, were he still about, would surely be interested in the report that unregulated free-market capitalism has died in a flash, by its own hand; whereas it took 70 years and a Cold War to bring down the Marxist economy established in the Soviet Union following the Bolshevik Revolution. Dig deeper ( 4 Min. Read )