Markets Respond to Fannie, Freddie Takeover

Staff / Truthdig Sep 9, 2008 Investors have been throwing money at stock markets the world over following the news that Fannie Mae and Freddie Mac have been placed under federal conservatorship. Some analysts are confident that the move will stabilize the mortgage giants and, in turn, a tanking housing market. With hundreds of billions of taxpayer dollars on the line, let's hope they're right. Dig deeper ( 1 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 )

Seven Years of Scandal

Marie Cocco / Truthdig Apr 8, 2008 The latest plot twists are stunners, even as they unfold against the scandalous backdrop of the Bush administration's sorry regulatory record. Dig deeper ( 3 Min. Read )

The Secretary’s New Clothes

Staff / Truthdig Apr 1, 2008 Treasury Secretary Henry Paulson has announced what the media are calling a "massive overhaul" of America's regulatory agencies, but columnist and liberal economist Paul Krugman isn't impressed. Krugman doesn't think the administration's cosmetic solutions will mitigate our current economic crisis or prevent the next one. Dig deeper ( 1 Min. Read )

The Stimulus Swindle

David Sirota / Truthdig Jan 25, 2008 Stimulus -- you've probably heard this nebulous, scientific-sounding word this week. Every politician suddenly wants economic "stimulus," and wants you to think this "stimulus" is unequivocally good. Dig deeper ( 3 Min. Read )

House, Bush Cut Stimulus Deal

Staff / Truthdig Jan 25, 2008 House Democrats, Republicans and President Bush have tentatively agreed on the broad outlines of a $150-billion stimulus package. Most of that money will come in the form of payouts ranging between $300 and $1,200 for individuals and households. Dig deeper ( 1 Min. Read )

Money Problems

Mike Luckovich / Truthdig Nov 20, 2007 Dig deeper

Follow the Taxpayer’s Money

Staff / Truthdig Aug 18, 2007 McClatchy: "Top Commerce and Treasury Departments officials appeared with Republican candidates and doled out millions in federal money in battleground congressional districts and states after receiving White House political briefings detailing GOP election strategy." 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 )

Fox’s Gibson Joins the Michael Moore Witch Hunt

Staff / Truthdig May 12, 2007 John Gibson of Fox News attempts to "nail" Michael Moore for his recent trip to Cuba, arguing rather desperately that Moore cannot be considered a journalist because his last movie grossed $100 million and journalists are supposed to be underpaid. Dig deeper ( 1 Min. Read )

U.S. Investigates Michael Moore

Staff / Truthdig May 11, 2007 The Treasury Department is investigating documentarian Michael Moore over a recent trip to Cuba that the government says may have violated the trade embargo. Moore brought a group of ailing 9/11 rescue workers to the island nation in making his latest film, "Sicko," an exploration of the healthcare system. 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 )