Robert Scheer Questions Lawrence Summers and Michael Blumenthal on the 2008 Financial Crash (Video)

Jul 27, 2016 On Day 3 of the Democratic National Convention, Truthdig's editor in chief confronted the two former Treasury secretaries about the role financial deregulation played in the Wall Street crash. On Day 3 of the Democratic National Convention, Truthdig's editor in chief confronted the two former Treasury secretaries about the role financial deregulation played in the Wall Street crash. Dig deeper ( 3 Min. Read )

Bill Clinton’s Legacy of Denial

Robert Scheer / Truthdig Jun 6, 2016 Endorsing the Republican agenda of financial industry deregulation, reversing New Deal safeguards, President Clinton caused more damage to the American economy in the long run than any president since Herbert Hoover.That has always been the man’s special gift—to rise above, and indeed benefit from, the messes he created. Dig deeper ( 4 Min. Read )

Hillary Blames Bernie for an Old Clintonite Hustle, and That’s a Rotten Shame

Robert Scheer / Truthdig Jan 19, 2016 With stupefying arrogance, Clinton tried during Sunday's debate to tie her rival to the Great Recession—an economic crisis that actually was fostered by Bill Clinton, his aides and even one of her own campaign advisers. Dig deeper ( 3 Min. Read )

At Last, Some Decency on Wall Street

Robert Scheer / Truthdig Mar 15, 2012 By the time you read this, the PR hacks of Goldman Sachs will be vigorously pressing their efforts to destroy the reputation of whistle-blower Greg Smith. Dig deeper ( 3 Min. Read )

Return of the Great Triangulator

Robert Scheer / Truthdig Dec 15, 2010 The sight of Bill Clinton back at the White House podium defending tax cuts for the super-rich was more a sick joke than a serious amplification of economic policy. Dig deeper ( 4 Min. Read )

Still Doing God’s Work on Wall Street

Robert Scheer / Truthdig Nov 25, 2009 Jail, anyone? Perhaps that’s too harsh, and at any rate premature, but is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals that passed tens of billions of taxpayer dollars through the AIG shell game to the very banks that caused the financial meltdown? Is anyone ever going to be held accountable for the sweetheart deals that passed billions of taxpayer dollars through the AIG shell game to the banks that caused the meltdown? Dig deeper ( 4 Min. Read )

UBS Money Laundering: What Did Phil Gramm Know?

Robert Scheer / Truthdig Aug 19, 2009 In recent days yet another wealthy private customer of the Swiss-based banking conglomerate UBS admitted to criminal fraud in a growing parade of perp walks that could extend into the thousands. It is a case that threatens to ensnare former Sen. Phil Gramm, the Texas Republican who is vice chairman of UBS’ investment banking business.Was Phil Gramm truly unaware of the widespread efforts at UBS to defraud the U.S. Treasury? Dig deeper ( 3 Min. Read )

Obama’s Toxic Advisers

Robert Scheer / Truthdig Mar 25, 2009 Bernie Sanders, the senator from Vermont who is independent in spirit as well as party label, has placed a hold on President Obama’s nomination of Gary Gensler to head the Commodity Futures Trading Commission. Sounds like a minor issue to get worked up about, but I see this appointment as further evidence that the president has entrusted his economic policy to the wrong people. Dig deeper ( 3 Min. Read )

Change We Can Bank On

Robert Scheer / Truthdig Nov 19, 2008 This is not change we can believe in. Not if Robert Rubin or his protégé, Lawrence Summers, get to call the shots on the economy in President-elect Barack Obama’s incoming administration. Dig deeper ( 3 Min. Read )