bailout

The Real Backstop

John Darkow Mar 16, 2023 Dig deeper

American Families Deserve a Coronavirus Bailout, Not Industries

Truthdig Mar 12, 2020 Lessons learned from the 2008 financial crisis show that taxpayer-funded blank checks to institutions do nothing to help those struggling Dig deeper ( 2 Min. Read )

The Disaster of Negative Interest Rates

Ellen Brown / Truthdig Sep 25, 2019 If the president wants the federal government to be able to borrow cheaply, there are far better options than negative interest rates. Dig deeper ( 7 Min. Read )

U.S. Announces Billions to Help Farmers Hurt by Trump Tariffs

KEN THOMAS, PAUL WISEMAN and LISA MASCARO / The Associated Press Jul 24, 2018 The plan for $12 billion in emergency relief is quickly dismissed by some farm-state Republicans, who say farmers want markets for their crops, not government payoffs. Dig deeper ( 5 Min. Read )

Saudi Arabia to Transfer $2 Billion to Yemen

ABDULLAH AL-SHIHRI / The Associated Press Jan 17, 2018 The action comes a day after Yemen’s Saudi-backed prime minister appealed to the kingdom and its allies to save the local currency from “complete collapse.” Dig deeper ( 2 Min. Read )

Elizabeth Warren Demands Investigation Into President Obama’s Failure to Jail the Banksters

By Lauren McCauley / Common Dreams Sep 15, 2016 "I can think of no matter of 'intense public interest' about which 'the American people deserve the details' than the issue of what precisely happened to the criminal referrals that followed the 2008 crash." Dig deeper ( 4 Min. Read )

2008 All Over Again

Chris Hedges / Truthdig Jun 25, 2016 Great Britain’s decision to leave the European Union presages perhaps another global financial meltdown. Banks will again demand massive bailouts. We will be forced to again swallow austerity measures, and there will be a continued decline in living standards. Dig deeper ( 6 Min. Read )

Greece Bailout Was for EU Banks: Study Confirms That Rescue Loans Didn’t Serve the Greek People

By Andrea Germanos / Common Dreams May 5, 2016 "The only reason why they effected this so-called bailout of Greece was to save their own banks and to present this as solidarity with Greece." Dig deeper ( 4 Min. Read )

Actually, Bernie Sanders Does Have a Clear Plan for How to Break Up Too-Big-to-Fail Banks

By Andrea Germanos / Common Dreams Apr 6, 2016 His campaign and analysts counter the media frenzy that says Sanders has no plan and call into question the New York Daily News interview that sparked it. Dig deeper ( 4 Min. Read )

Unlikely Critic Neel Kashkari Says Banks Still Pose ‘Nuclear’ Risk to U.S. Economy

By Deirdre Fulton / Common Dreams Feb 17, 2016 Federal Reserve official Neel Kashkari warns that "we won't see the next crisis coming, and it won’t look like what we might be expecting." Dig deeper ( 3 Min. Read )

Looks Like Greece’s Progressive Syriza Party Has Been Elected … Again

Natasha Hakimi Zapata / Truthdig Sep 21, 2015 Most of Sunday's snap general election results are in -- and it seems Syriza has claimed another important victory in Greece and Alexis Tspiras will continue to lead the country. Dig deeper ( 1 Min. Read )