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October 6, 2008 Issue

David Bacon on immigration, Paul Farmer on Haiti, Patricia J. Williams on Sarah Palin…

Cover art by: Cover design by Gene Case & Stephen Kling/Avenging Angels

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Editorial

Rescue Wall Street–and the Rest of Us

Any Wall Street bailout must also impose tax increases for the wealthy, market reforms and address the needs of middle class Americans caught in the crunch.

Sen. Bernie Sanders

The Contempt of Karl Rove

Fifty years ago, Chief Justice Earl Warren wrote that all citizens have an "unremitting obligation" to respond to Congressional subpoenas. Karl Rove has breached this obligation.

Rep. John Conyers

Haiti’s Unnatural Disaster

Haiti has been beaten down by storms and abandoned by its neighbors, and its suffering will only increase unless the world community responds.

Paul Farmer

Noted.

Tricky Dick Cheney, Canada Greens, the truth about the Rosenberg trial

The Editors

Palin’s Petropolitics

Palin's opposition to government-supported renewable energy makes her stupendously ill equipped for national office.

Michael T. Klare

Crashing the Election

Puncturing John McCain's Teddy Roosevelt persona will require brutal honesty from Barack Obama--about the causes of the crash and the regulatory solutions.

The Editors

Column

Desperate Measures

Remember the National Lampoon cover showing a puppy with a gun to its head? That's the Paulson plan.

Nicholas von Hoffman

Paulson’s Plan: Financial Fascism

Henry Paulson isn't proposing the nationalization of private corporations--he wants a corporate takeover of government.

Robert Scheer

The Mother of All Bailouts

Even without knowing the specifics of Paulson's staggering rescue plan, you can kiss the environment, preschool education and health insurance for all goodbye.

Nicholas von Hoffman

Something Stupid

John McCain is determined to lie his way into the White House, and pundits and reporters are doing everything they can to enable that strategy.

Eric Alterman

Lipstick Jungle

Andy Warhol would have loved Sarah Palin. She really is the ultimate soup can.

Patricia J. Williams

Playing White House

Awwww... aren't they cute?

Zina Saunders

Truth by Repetition

Calvin Trillin

Letters

Obama: Win First, Change Later
Oakland, Calif.

Our Readers and Thomas J. Sugrue

Feature

Show Us the Money

Something needs to be done for the American taxpayer--something fair--to salvage Wall Street. We want the same deal Warren Buffet got.

William Greider

View From Asia

Flush with cash, most Asian governments and financial players are wary of being drawn into the Wall Street maelstrom.

Walden Bello

Bailout Plan: Trust But Verify

Bernanke is asking for trust he has not earned. Here's a shortlist of conditions to make this a credible deal.

James K. Galbraith and William K. Black

Goldman Sachs Socialism

Instead of handing Bernanke $700 billion with no strings attached, government should take over the banking and finance sector, clean it up and start funneling money into the real e...

William Greider

Socialism for Bankers, Savage Capitalism for Everyone Else?

The bailout jeopardizes the entire progressive agenda, undermines democracy, doesn't compensate us for our money and doesn't solve the problem. Otherwise, it's great!

James S. Henry

GOP: Lose Your Home, Lose Your Vote

A Michigan news site uncovers a GOP plan to deny people caught up in foreclosure proceedings the right to vote in November. Team Obama files suit to stop the practice.

Peter Dreier

Bridge Loan to Nowhere

The Paulson/Bernanke bailout plan is not the way to go, unless you work on Wall Street. Even if you do, there are compelling reasons to fear it. Here's what Congress should do inst...

Thomas Ferguson and Robert Johnson

John McCain: Crisis Enabler

The deregulation binge that tanked global markets is a bullet deliberately fired into the economy by ideologues, heedless of the ultimate cost to taxpayers. And John McCain cheered...

Mark Sumner

Bankrupt AIG Underwrote McCain’s ‘Reform Institute’

John McCain is making a big show of criticizing the government "bailout" of insurance giant AIG. But it turns out that AIG is one of the largest donors to his pet think-tank.

Mark Ames

Paulson Bailout Plan a Historic Swindle

Paulson's rescue plan represents a historic swindle--all sugar for the villains, lasting pain for the rest of us. Don't let Wall Street get away with this without enacting signific...

William Greider