Nobel Prize-Winning Economist Says Buying a House Is a Bad Idea

Staff / Truthdig Oct 16, 2013 If the housing crisis wasn't enough to turn you off of buying real estate, listen to economist Robert Shiller: Houses are poor investments, and they pretty much always have been. Dig deeper ( 3 Min. Read )

Banks Suspected of Racial Bias in Housing Crisis Aftermath

Staff / Truthdig Sep 28, 2013 Financial institutions handling foreclosures, especially Bank of America, have been accused of letting properties in minority neighborhoods deteriorate. The National Fair Housing Alliance collected evidence that the bank is maintaining foreclosed houses in predominantly white areas in far better conditions. Dig deeper ( 3 Min. Read )

Obama Did It for the Money

Robert Scheer / Truthdig May 7, 2013 The president has chosen to fill two key Cabinet positions dealing with business practices with people who specialized in financial rip-offs. Dig deeper ( 4 Min. Read )

Truthdigger of the Week: Dean Baker

Alexander Reed Kelly / Truthdig Dec 16, 2012 “We all misjudged the risks involved,” former Federal Reserve Chairman Alan Greenspan said in March 2010 of the housing bubble that led to the financial crisis. He forgot about economist Dean Baker. Dig deeper ( 4 Min. Read )

Why Freddie Mac Resisted Refis

By Jesse Eisinger, ProPublica Oct 26, 2012 Freddie Mac, the taxpayer-owned mortgage giant, made it harder for millions of Americans to refinance their high-interest-rate mortgages for fear it would cut into company profits, present and former Freddie Mac officials disclosed in recent interviews. Dig deeper ( 8 Min. Read )

Mortgage Debt Relief? Not on His Watch

Alexander Reed Kelly / Truthdig Aug 4, 2012 The Federal Reserve announced last week that it would launch no new stimulus programs to jump-start the economy, and editors at The Washington Post applauded Edward DeMarco, acting director of the Federal Housing Finance Agency, for refusing to refinance mortgages for struggling homeowners. Dig deeper ( 2 Min. Read )

The Best, Most Revealing Reporting on the Foreclosure Crisis

By Blair Hickman, ProPublica Feb 18, 2012 The U.S. housing crisis has been going on nearly five years, with still regular revelations about misdeeds by banks and others. Here’s ProPublica's roundup of standout reporting on the crisis. Dig deeper ( 2 Min. Read )

A ‘Queer History’ of Rick Santorum and Proposition 8

Staff / Truthdig Feb 13, 2012 Last week on Truthdig Radio in association with KPFK: Robert Scheer on the mortgage settlement, MLK in his own words, and "A Queer History of the United States" author Michael Bronski on Rick Santorum, Proposition 8, Ellen DeGeneres and gay marriage in Washington state. (This is a pledge show.) Dig deeper

A ‘Queer History’ of Rick Santorum and Proposition 8

Staff / Truthdig Feb 13, 2012 Last week on Truthdig Radio: Robert Scheer on the mortgage settlement, MLK in his own words, and "A Queer History of the United States" author Michael Bronski on Rick Santorum, Proposition 8, Ellen DeGeneres and gay marriage in Washington state. (This is a pledge show.)Last week on Truthdig Radio: Robert Scheer on the mortgage settlement, MLK in his own words, and "A Queer History of the United States" author Michael Bronski. Dig deeper ( 1 Min. Read )

Obama’s Faux Populism Sounds Like Bill Clinton

Robert Scheer / Truthdig Jan 26, 2012 I get angry because betrayal by the “good guys” for whom I have ended up voting has become the norm. Dig deeper ( 4 Min. Read )

Obama’s Late Payment to Mortgage-Fraud Victims

Amy Goodman / Truthdig Jan 26, 2012 In his State of the Union address, many heard echoes of the Barack Obama of old, the presidential aspirant of 2007 and 2008. Dig deeper ( 3 Min. Read )

Thanks for What?

Robert Scheer / Truthdig Nov 24, 2011 On this Thanksgiving we have been cheated of the bounty of the harvest as one in three Americans descends into poverty. Dig deeper ( 4 Min. Read )