Banking

Break Wall Street’s Money Monopoly Break Wall Street’s Money Monopoly

As the next Congress creates a new regulatory structure for our crippled financial system, job one is breaking Wall Street's grip on capital and credit.

Oct 2, 2008 / Column / Nicholas von Hoffman

Born-Again Democracy Born-Again Democracy

Congress must take control of the failed financial system until a new president can legislate a more permanent and equitable solution.

Oct 1, 2008 / William Greider

Regional Banks Can Solve the Credit Crisis Regional Banks Can Solve the Credit Crisis

Take a lesson from Andrew Jackson: Rely on regional banks, not Wall Street, to get money in the hands of people who need it.

Sep 26, 2008 / Column / Nicholas von Hoffman

Desperate Measures Desperate Measures

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

Sep 24, 2008 / Column / Nicholas von Hoffman

Paulson’s Plan: Financial Fascism Paulson’s Plan: Financial Fascism

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

Sep 24, 2008 / Column / Robert Scheer

Bailout Plan: Trust But Verify 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.

Sep 23, 2008 / Feature / James K. Galbraith and William K. Black

Goldman Sachs Socialism 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...

Sep 23, 2008 / Feature / William Greider

Socialism for Bankers, Savage Capitalism for Everyone Else? 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!

Sep 23, 2008 / Feature / James S. Henry

Bridge Loan to Nowhere 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...

Sep 22, 2008 / Feature / Thomas Ferguson and Robert Johnson

The Mother of All Bailouts 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.

Sep 19, 2008 / Column / Nicholas von Hoffman

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