Alexander Reed Kelly / TruthdigAug 7, 2012
At the height of the financial crisis, The Guardian identified 25 bankers, economists, politicians and financial officials who helped bring about the worst economic crisis since the Great Depression. What are they up to now? Dig deeper ( 2 Min. Read )
Staff / TruthdigNov 4, 2011
The Rolling Stone scribe has christened Tuesday's mayor-on-mayor action, during which former New York boss Ed Koch and current Mayor Michael Bloomberg mixed it up over the financial crisis and Occupy Wall Street, Bloomberg's "Marie Antoinette moment." (more) Dig deeper ( 2 Min. Read )
Robert Scheer / TruthdigOct 13, 2011
If a Republican were president, there would be millions of properly coiffed middle-class Democrats and independents at those Occupy Wall Street marches, and no questions asked as to what they really want. Dig deeper ( 3 Min. Read )
Robert Scheer / TruthdigAug 25, 2010
Barack Obama and the Democrats he led to a stunning victory two years ago are going down hard in the face of an economic crisis that he did nothing to create but which he has failed to solve. Dig deeper ( 3 Min. Read )
Robert Scheer / TruthdigAug 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 )
Robert Scheer / TruthdigApr 15, 2009
One wonders if Phil Gramm has been made just a tad nervous by the news on Tuesday that one of UBS' super-wealthy private clients has pleaded guilty to tax evasion. Dig deeper ( 3 Min. Read )
Robert Scheer / TruthdigMar 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 )
Robert Scheer / TruthdigNov 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 )
Robert Scheer / TruthdigOct 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 )
Robert Scheer / TruthdigOct 8, 2008
I am not a conventionally religious man, or even a very superstitious one, but I do wish George Bush would stop asking God to bless America. Every time he does, we seem to be visited with another plague, suggesting divine wrath over our president's evil ways. How else to explain the persistent calamity that has marked this administration? Dig deeper ( 3 Min. Read )
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