Boston Tea Party, 2008

Robert Scheer / Truthdig Oct 1, 2008 How dare you throw that tea into Boston Harbor! Such is the anti-democratic arrogance of the fear-mongering pundits and politicians who tell us if we taxpayers don’t instantly give the Wall Street banking bandits a $700-billion bailout, we are destroying America. Dig deeper ( 3 Min. Read )

McCain Campaign Challenged by Economic Crisis

Staff / Truthdig Sep 30, 2008 John McCain's bid to put his campaign on hold in order to wing his way to Washington last week was intended to make him seem ready for action in a crisis but may have resulted in a "political dead end" for the Arizona senator after Monday's bailout bomb, according to the Associated Press. Dig deeper ( 2 Min. Read )

A Fox to Protect the Henhouse?

Robert Scheer / Truthdig Sep 24, 2008 Does it really matter which party is in charge when it comes to bailing out the Wall Street hustlers whose shenanigans have bankrupted so many ordinary folks? Not if the Democrats roll over and cede power to the former head of Goldman Sachs, the investment bank at the center of our economic meltdown. Dig deeper ( 3 Min. Read )

McCain Calls for End to Big Business Bailouts

Staff / Truthdig Sep 20, 2008 And now, this latest dispatch from the U.S. Department of Unintentional Irony: Sen. John McCain spoke out against the Federal Reserve's recent bids to give life support (read: gigantic amounts of money) to failing financial institutions. Isn't he the same guy who has looked to Phil Gramm for economic advice? Dig deeper ( 1 Min. Read )

Obama Ads, McCain-Is-Economically-Clueless Edition

Staff / Truthdig Sep 19, 2008 Turns out that having Phil Gramm on one's economic advisory team may not be the best way to demonstrate one's readiness to inherit the gigantic mess that the U.S. economy has become under the Bush administration's not-so-close watch -- or at least that's what Obama's camp is pointing out in this ad on the financial debacle. Dig deeper ( 1 Min. Read )

Earth to McCain: It’s a Crisis

Robert Scheer / Truthdig Sep 17, 2008 Gag me with a spoon, as Valley girls used to say. Did you see that McCain-Palin ad promising “tougher rules on Wall Street to protect your life savings, no special interest giveaways”? Just how dumb do they think we are? Dig deeper ( 3 Min. Read )

‘We Cannot Turn Back’

Staff / Truthdig Aug 29, 2008 In what was perhaps the most highly anticipated (and no doubt the most highly scrutinized) moment of his political career thus far, newly nominated Democratic presidential candidate Barack Obama was saddled with a huge task Thursday night, but by the end, Obama had both thrown down the gauntlet and risen to the occasion -- at least in the eyes of thousands of supporters who came to see his history-making acceptance speech at Denver's Invesco Field. Dig deeper ( 2 Min. Read )

Sucking Up to the Bankers: A Bipartisan Lovefest

Robert Scheer / Truthdig Jul 30, 2008 This is a time to condemn the bankers, not to embrace them. They are the scoundrels who got us into the biggest economic mess since the Great Depression, lining their own pockets while destroying the life savings of those who trusted them. Dig deeper ( 3 Min. Read )

Gramm Quits McCain Campaign

Staff / Truthdig Jul 19, 2008 The backlash following Phil Gramm's comments about the "mental recession" he believed Americans were bringing upon themselves through negative thinking has evidently caused the former Texas senator to leave his position as a top adviser to John McCain's presidential campaign. Dig deeper ( 1 Min. Read )

The Real Legacy of the ‘Reagan Revolution’

Robert Scheer / Truthdig Jul 16, 2008 McCain campaign co-chair Phil Gramm is right: We have "become a nation of whiners." But who is whining more than the bankers that former Sen. Gramm's financial deregulation legislation benefited? The very bankers who now expect a government bailout, such as those at UBS Investment Bank, where Gramm found lucrative employment. Dig deeper ( 3 Min. Read )

The House That Gramm Built

Marie Cocco / Truthdig Jul 15, 2008 Phil Gramm's dismissal of America's economic suffering has forced him to the political sidelines, but as one of the congressional architects of Republican economics, the mess he made will haunt Americans no matter who the next president is. Dig deeper ( 3 Min. Read )

‘A Nation of Whiners’

Staff / Truthdig Jul 15, 2008 How does someone go from being a trusted economic adviser to being a prospective ambassador to Belarus? Ask McCain fixture Phil Gramm, who dismissed America's economic problems as a figment. Here with more, the nation's finest talking heads. Dig deeper ( 1 Min. Read )