Economic Policy Could Scuttle Obama’s Good Start

Robert Scheer / Truthdig Jan 28, 2009 He is making trillion-dollar decisions that will cast the die for the rest of his promising agenda. Unfortunately, while he has already proved to be a brilliant agent of change in so many ways, in economic policy he has relied on the financial "experts" who helped get America into this mess. Dig deeper ( 3 Min. Read )

Wall Street Robber Barons Ride Again

Robert Scheer / Truthdig Jan 14, 2009 Why rush to throw another $350 billion of taxpayer money at the Wall Street bandits and their political cronies who created the biggest financial mess since the Great Depression? And why should we taxpayers be expected to double our debt exposure when the 10 still-secret bailout contracts made in the first round are being kept from the public? Dig deeper ( 3 Min. Read )

Our Dear Leader

David Sirota / Truthdig Nov 28, 2008 Judging by the proliferation of capital letters in the e-mail correspondence I receive, many seem worried that Barack Obama may not deliver the promised "change we can believe in." Dig deeper ( 3 Min. Read )

Obama’s Shrewd Choices

Joe Conason / Truthdig Nov 27, 2008 Barack Obama's appointees will implement the Obama program, not only because that is what he tells them to do but because that is what they have come to believe is best for the country. Dig deeper ( 3 Min. Read )

Obama Chooses Wall Street Over Main Street

Robert Scheer / Truthdig Nov 26, 2008 Maybe Ralph Nader was right in predicting that the same Wall Street hustlers would have a lock on our government no matter which major party won the election. I hate to admit it, since it wasn't that long ago that I heatedly challenged Nader in a debate on this very point. Dig deeper ( 3 Min. Read )

Obamanomics = Rubinomics?

Staff / Truthdig Nov 25, 2008 Judging by the new additions to Barack Obama's economic squad, the president-elect appears to be borrowing heavily from Robert Rubin's ranks, but here's an argument as to why Obama's approach will differ from Rubin's (but consider the source here). Dig deeper ( 1 Min. Read )

Obama Rolls Out Economic Team

Staff / Truthdig Nov 25, 2008 To fix the ailing economy, Barack Obama has turned to two men who helped break it. On Monday, the president-elect announced Timothy Geithner as his choice for treasury secretary, and Giethner's former mentor in the Clinton Treasury Department, Lawrence Summers, as his pick to head the White House Economic Council. Dig deeper ( 1 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 )

Beware of Lawrence Summers

Staff / Truthdig Nov 6, 2008 While many of us are still celebrating Barack Obama's historic victory, rumors of a major buzzkill are flying: Lawrence Summers, a Clinton-era treasury secretary and deregulation enthusiast, is said to be the front-runner to take over the Treasury Department. Dig deeper ( 1 Min. Read )

The Battle for Obama’s Economic Soul

Robert Scheer / Truthdig Oct 22, 2008 Instead of running with the "European socialist" crowd, as John McCain has claimed, Barack Obama has turned to the same American “free market” elite that views government as merely a corporate subsidiary. Even within that group, however, there are serious splits, and the more enlightened side seems to be winning. Dig deeper ( 3 Min. Read )