700 Billion Bailout

Paulson's Bailout: So Much for That Idea!

Rick Horowitz | Posted 11.13.2008 | Business


Rick Horowitz

You know what the bailout feels like? Walking down the street, and pressing a crumpled bill into the outstretched palm of the guy who approached you... Only multiplied by 700 billion.

Key #2 To Your Sound Financial Future

Dr. Cara Barker | Posted 11.10.2008 | Living


Dr. Cara Barker

We cannot meet a better life, a more sound financial future, without facing the fact that sooner or later we have to face the habit of living beyond our means.

Paulson Deal Cheats American Taxpayers

Leo W. Gerard | Posted 10.30.2008 | Business


Leo W. Gerard

We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.

When It Comes to Slicing the American Pie, McCain Serves Only the Rich

Leo W. Gerard | Posted 10.24.2008 | Politics


Leo W. Gerard

McCain and Palin are running around the country pretending the GOP ticket represents the best interests of the working class and small business owners. It's all false rhetoric and no real action.

Requiem for the Bailout Storyline

Norman Solomon | Posted 10.13.2008 | Media


Norman Solomon

Recent events should not be allowed to obscure the reality that the news media played a pivotal role in stampeding the country into a bailout that was unwise and unjust.

Credit Default Swaps, the Collapse of AIG and Addressing the Crisis of Confidence

David Paul | Posted 10.11.2008 | Business


David Paul

The problem seems straightforward. After the AIG collapse, how does one institution trust its exposure to another?

Declaring War on the Meltdown

Alan Fein | Posted 10.10.2008 | Business


Alan Fein

A wise Democrat I know argues that a 21st Century WPA-type program is not only good policy; it's also good politics: "Bailing out financial markets is playing defense. I want to play offense."

Late Car Payments Now Total $25 Billion; US May Lose 700 Dealerships This Year

Steve Parker | Posted 10.08.2008 | Business


Steve Parker

The number of people late on their monthly car and truck payments is huge, represented by nearly $25 billion worth of consumer auto loans that are delinquent.

New Rule: Goldman Sad Sachs

Bill Maher | Posted 10.07.2008 | Business


Bill Maher

Barney Frank Brings Life Support to Wall Street

Aubrey Sarvis | Posted 10.07.2008 | Business


Aubrey Sarvis

Despite the bailout, the European and Asian markets are in what the Financial Times describes as a "global sell-off" but which less conservative media are describing as a "bailout panic."

Cramer Says To Get Out Of The Market

MSNBC | Michael Inbar | Posted 10.06.2008 | Business


Bullish investors should turn into shrinking violets as the stock market continues its shocking downward spiral, CNBC's "Mad Money" host Jim Cramer to...

The Me Crisis

John Marshall | Posted 10.06.2008 | Living


John Marshall

Suze Orman is warning that if Americans are not careful, they will end up with no savings, no credit, no car, no house, no mortgage, etc. In other words, Americans are in danger of living the way I've been living for the past 25 years.

Economic Chaos Increases After Congress Passes Bailout

Bob Barr | Posted 10.06.2008 | Politics


Bob Barr

There is much more to be done to clean up the economic mess flowing from the housing market crash, but the ill-considered federal bailout is likely to slow the process.

So... Now What?

Andy Stern | Posted 10.03.2008 | Politics


Andy Stern

Let's face it: the Bailout Bill doesn't get to the heart of what's wrong with our economy. Neither you, nor I, nor many of those who voted for it believe that this bill will solve the pressing issues American families face.

Jason Linkins

John McCain Gets Incoherent In Bailout Defense

HuffingtonPost.com | Jason Linkins | Posted 10.02.2008 | Politics


Look, I'm just going to level with you. I have not got no explanation for what could possibly be going on in this clip of John McCain on today's Morn...

The Next New Deal

Agit-Pop | Posted 10.01.2008 | Media


Agit-Pop

2008-10-01-agitpop.jpgInstead of the handing those who created the Sub Prime Pyramid Scheme a TRILLION of our dollars, we demand a NEW New Deal that invests in the country that our children will inherit.

Senate Passes Bailout Bill

Huffington Post | Dave Burdick and Nicholas Graham | Posted 10.01.2008 | Business


***UPDATE*** 12:41AM 10/2 Bipartisanship: The Senate's bailout vote margin stood in stark contrast to the House's: In stark contrast to the House re...

What Part of "We Don't Trust You" Do You Not Understand?

Jane Smiley | Posted 10.01.2008 | Business


Jane Smiley

If there's going to be a bailout, bailout from the bottom and let the benefits trickle upward. The ruling class can't imagine how things would work for them if we did that.

A New Deal, or a New New Deal?

Howard A. Rodman | Posted 09.30.2008 | Politics


Howard A. Rodman

If we don't use this crisis as an opportunity, the pigs at the trough certainly will -- as they did after 9/11, and as Paulson and his gravediggers have been doing for the past few weeks.

Krugman: John McCain Has Gotten "Frightening" On Bailout

The New York Times | Posted 09.29.2008 | Politics


It's 3 a.m., a few months into 2009, and the phone in the White House rings. Several big hedge funds are about to fail, says the voice on the line, an...

The Hidden Costs of the Bailout

Aaron Harber | Posted 09.28.2008 | Politics


Aaron Harber

Unless you believe Washington politicians are financially more astute than the traders on Wall Street, it's easy to see who is getting conned and who is doing the conning.

To Congress: Please Read Before Bailing Out!

Sheila Tendy | Posted 09.27.2008 | Business


Sheila Tendy

Since the stress level is running high for everyone in Washington and a clear strategy has not yet been formulated, here are some talking points to consider in the bailout negotiations.

Health Care Next!

Matt Miller | Posted 09.27.2008 | Politics


Matt Miller

Now that we've socialized large chunks of the mortgage, banking and insurance industries, universal health coverage is among the most conservative initiatives left for America to pursue.

Left, Right and Center: 700 Billion Bailout, Obama/McCain Debate, Palin on Katie Couric

Huff Radio | Posted 09.26.2008 | Politics


Huff Radio

This week, Matt, Bob, and Arianna discuss what the bail out plan includes and what it's missing (homeowner bail outs, according to Bob), while Tony isn't so sure a bail out is a productive solution.

Values Should Guide Response to Financial Crisis

Mary Ellen McNish | Posted 09.26.2008 | Politics


Mary Ellen McNish

The turmoil on Wall Street is not just a financial challenge but a moral one. As a Quaker, I believe that principles leading to greater economic justice and equality should guide our actions.