‘Left, Right & Center’: The McChrystal Affair; Financial Regulation Redux

Staff / Truthdig Jun 26, 2010 On this week's show, Robert Scheer opines that the current financial regulation bill favors big banks -- here we go again -- and doesn't do much to help consumers. Meanwhile, Gen. Stanley McChrystal is free to explore other career options. Dig deeper ( 1 Min. Read )

Financial Reform Won’t Alter Capitalism’s Icarus Trajectory

Stuart Whatley / Truthdig May 22, 2010 Perhaps the most troubling reality in the 21st century is that our economics now dictates our cultural values, rather than the reverse, where we the people would decide how resources, production and mutual prosperity should be systematized to achieve the best society for all. Dig deeper ( 6 Min. Read )

Making Sense of the Financial Reform Bill

Staff / Truthdig May 21, 2010 The Senate passed on Thursday what The Wall Street Journal described as "the most extensive overhaul of financial-sector regulation since the 1930s." The New York Times breaks down what's in the bill and how it might change when reconciled with the House version. Worth noting: Democrats Russ Feingold and Maria Cantwell voted against the measure. Dig deeper ( 1 Min. Read )

U.S. Stocks Take a Nosedive as Euro Worries Rise

Staff / Truthdig May 21, 2010 The Icelandic volcano isn't the only problem blowing over from Europe, judging by Thursday's dismal stock market dive, touched off in part by problems in the euro zone as well as homegrown concerns about the American government's plans for financial regulation. Dig deeper ( 1 Min. Read )

It Takes Power to Control Power

Joe Conason / Truthdig Apr 29, 2010 Discredited as the financial powers are, their wealth alone continues to provide them with wildly disproportionate influence over the political process. Dig deeper ( 3 Min. Read )

Poll Indicates Americans Are Ready for Financial Overhaul

Staff / Truthdig Apr 27, 2010 President Obama and his allies won't have an easy time as they attempt to do some major renovations of our financial system, but according to a new Washington Post-ABC News poll, they at least have the support of the majority of Americans. Dig deeper ( 1 Min. Read )

GOP Drafting Rival Financial Reform Bill

Staff / Truthdig Apr 26, 2010 Senate Republicans are hoping that, when it comes to their Democratic opponents, if they can't beat ’em, they can at least make up their own financial reform bill to thwart ’em One pesky problem with the GOP's approach is (continued). Dig deeper ( 1 Min. Read )

Obama Pitches Financial Reform to Wall Street Execs

Staff / Truthdig Apr 22, 2010 President Obama spoke before a group of fat cats -- or rather, "titans of industry," as he called them -- from Wall Street on Thursday at Cooper Union in New York City, the same site where he'd delivered his pre-bailout, pre-presidential speech on the economy two years ago, in an attempt (continued). Dig deeper ( 1 Min. Read )

Why Financial Reform Will Be Easier Than Health Care

E.J. Dionne Jr. / Truthdig Apr 22, 2010 For the first time in Obama's presidency, Republicans are uncertain as to whether resolute opposition to a Democratic idea is in their political interest. Dig deeper ( 3 Min. Read )

Derivatives Bill Gets Traction in Senate

Staff / Truthdig Apr 21, 2010 Financial reform is the next big task on Congress' list of action items, and on Wednesday the Senate Agriculture Committee made progress by approving a bill by committee Chair Blanche Lincoln that targets the derivatives market. (continued) Dig deeper ( 1 Min. Read )

‘Left, Right & Center’: Goldman Fraud?; Financial Reform; Tax Day Tea Party

Staff / Truthdig Apr 17, 2010 The SEC has taken its first action against Goldman Sachs for alleged investor fraud -- will it help efforts for financial reform and regulation? Or will the financial giant just be slapped with a fine and then allowed to continue business as usual? Dig deeper ( 1 Min. Read )

Obama Brushes Off GOP’s Bailout Claim, Pushes On With Financial Reform

Staff / Truthdig Apr 15, 2010 Congressional Republicans are mobilizing for an assault on President Obama's next regulatory project: financial reform. However, Obama's not hearing it when it comes to the GOP's claim that the Democrats' current bill would make it easier for big financial institutions to angle for government bailouts down the line. Dig deeper ( 1 Min. Read )