Down to Their Last Billion

Andy Borowitz / Truthdig Sep 9, 2007 The satirist reports that, desperate to protect their endangered fortunes, thousands of the nation's leading hedge-fund managers converged on Washington today in "The Million Mercedes March." Dig deeper ( 1 Min. Read )

Still Mean From Beyond the Grave

Staff / Truthdig Aug 31, 2007 Leona Helmsley, the recently deceased billionaire who was famous for being mean and evading taxes, left two of her grandchildren nothing but gave her dog Trouble a $12-million trust fund so it can continue to enjoy the lifestyle it has become accustomed to. Dig deeper ( 1 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 )

He Works Hard for the Money

Staff / Truthdig Aug 18, 2007 The innovator of the Snow job says he'll be leaving the White House before George W. Bush, but it won't be for health reasons: "I've told people when my money runs out, then I've got to go." Press secretary Tony Snow's spintastic rhetorical flair will surely be missed by a president always in need of damage control and a blogosphere that has grown attached to those "did he just say that?" moments. Dig deeper ( 1 Min. Read )

IRS Workers Fall for Simulated Password Scam

Staff / Truthdig Aug 4, 2007 According to a recent internal audit, 60 percent of IRS employees fell for the oldest trick in the book, allowing auditors posing as help-desk employees access to their digital identities, and by extension your personal and private information. Dig deeper ( 1 Min. Read )

While Europeans Holiday, Americans Toil

Marie Cocco / Truthdig Jul 10, 2007 It's a fact: Americans enjoy less vacation time than their European counterparts. But shorter vacations, longer work weeks and skimpy sick leaves add up -- not to greater upward mobility for U.S. workers, but rather a burned-out workforce earning less than preceding generations. Saner government policies are clearly needed. Dig deeper ( 3 Min. Read )

Big Shots

Dwayne Powell / Truthdig Jun 15, 2007 Dig deeper

White House ‘Strongly Opposes’ Extra Pay for Troops

Staff / Truthdig May 18, 2007 The House of Representatives wants to boost soldier pay by 3.5 percent in order to close the gap with private sector wages, but the White House opposes an increase beyond 3 percent. The White House has also come out against new benefits for disabled veterans and survivors of military retirees. Dig deeper ( 1 Min. Read )

Time to Crack Down on the Student Loan Cesspool

Marie Cocco / Truthdig May 3, 2007 The markers of a mushrooming student loan scandal are identical to so many of the rest: The Bush administration, determined to turn the federal government into a favor bank for its corporate cronies, ignored every indicator that the $85-billion-a-year student loan industry was rife with corruption. Dig deeper ( 3 Min. Read )

Obama Laughs It Up With Letterman

Staff / Truthdig Apr 11, 2007 Barack Obama recently sat down with David Letterman and managed to hold his own with the humor. When asked why his campaign needed so much money, the candidate said evenly: "We've got to advertise on the Letterman show." According to Amy Goodman, that's no joke. Dig deeper ( 1 Min. Read )

Clinton Rakes It In

Staff / Truthdig Apr 2, 2007 Hillary Clinton has easily set a fundraising record, pulling in $26 million between January and March. The Clinton campaign would not publicly say how much of the money it plans to save for the general election. A number of pundits have predicted this will be the most expensive election in American history. Dig deeper ( 1 Min. Read )

Money for Nothing

Staff / Truthdig Mar 16, 2007 The news that the Treasury will once again sheepishly release a small batch of dollar coins raises the question: Why are Americans so hung up on paper money when countries like Britain and Canada have enjoyed the benefits of coinage for years? Don't scoff -- the Government Accountability Office estimates potential savings at $500 to $747.5 million annually. Dig deeper ( 2 Min. Read )