bubble

Back To Our Political Silos

Bob Englehart Nov 21, 2024 Dig deeper

Chaos in the Market: How Might It Affect the 2016 Presidential Race?

Eugene Robinson / Truthdig Aug 25, 2015 If the global swoon in stock prices were to turn into something more serious, which candidates would benefit? Dig deeper ( 3 Min. Read )

The Insider’s Economic Dictionary: B Is for Bailout

By Michael Hudson Aug 10, 2013 Republicans and the financial sector sequester the economic surplus in their own hands, price their economic rents to squeeze incomes, and then criminalize poverty as if the poor vote to be poor as a matter of choice! Dig deeper ( 4 Min. Read )

The Crime of Our Time

Staff / Truthdig May 6, 2010 Danny Schechter's new movie, "Plunder: The Crime of Our Time," tells the story of the economic collapse as "a crime narrative as opposed to a mistakes narrative." Dig deeper ( 1 Min. Read )

Obama’s Pen Pals

Staff / Truthdig Aug 4, 2009 Every day the president reads 10 letters from the public that are handpicked by his staff. Lately, he says, a lot of them are about health care. Here's a White House-produced look at the process. Dig deeper ( 1 Min. Read )

Paul Krugman on the ‘Conscience of a Liberal’

James Harris / Truthdig Nov 16, 2007 The New York Times columnist brings his liberal conscience and economic expertise to bear on the housing crisis and sheds light on the dirty secret behind many political victories by conservatives: "The consistent source of [Republican] success has been race." Dig deeper ( 6 Min. Read )

Home Prices Plummet

Staff / Truthdig Aug 29, 2007 If you're caught up financially in the housing bubble (who isn't these days?), you might want to skip this item. Home prices have fallen by 3.2 percent -- the sharpest drop in 20 years, while the median price for homes has gone down for the 12th consecutive month -- another record. That's not good news for a market eager to return to the good ol' days of easy loans and overpriced homes. Dig deeper ( 1 Min. Read )

Domino Theory

Mike Luckovich / Truthdig Aug 14, 2007 Dig deeper

Home Foreclosures on the Rise

Staff / Truthdig Mar 5, 2007 As interest rates continue to spiral out of control for many high-risk borrowers, the number of home foreclosures around the country is steadily going up. There isn't much good news for the opportunistic lenders either -- more than 20 mortgage companies have already gone bankrupt. Dig deeper ( 1 Min. Read )

Pop! Housing Bubble Burst is Real, and Consequential

Staff / Truthdig Aug 28, 2006 Economist and N.Y. Times columnist Paul Krugman writes that the downturn in the housing market is "a recipe for a major bust, not a soft landing," and that it will likely drag the entire economy down with it. As evidence, check out this Cincinnati Enquirer article about consumers tightening their belts in the face of the housing slump and high gas prices. Dig deeper

Bush’s Iraqi Civil War Bubble

Staff / Truthdig Aug 9, 2006 In the last week alone, those warning of a civil war in Iraq included: America's top commander in Iraq, Gen George Casey; Joint Chiefs of Staff Chairman Peter Pace; Centcom commander Gen John Abizaid; and Britain's ambassador to Iraq But what does Bush hear? "Yadda yadda yadda" (more). Dig deeper ( 1 Min. Read )