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
Paulson Bailout Plan a Historic Swindle 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...
Sep 19, 2008 / Feature / William Greider
Wall Street and Washington Wall Street and Washington
Washington's mission may, at this late date, be an even greater one than Roosevelt's New Deal faced.
Sep 19, 2008 / Books & the Arts / Steve Fraser
Great Depression II Great Depression II
Fifty-seven million American families, who put their money in theoretically stable investments find themselves staring into the abyss.
Sep 18, 2008 / Column / Nicholas von Hoffman
Screw Wall Street Screw Wall Street
Sorry, but I have no sympathy for the sudden poverty of investment bankers who've gamed and likely destroyed our financial system in the relentless pursuit of wealth.
Sep 18, 2008 / Jason Flores-Williams
AIG Bailout Sparks Taxpayer Anger AIG Bailout Sparks Taxpayer Anger
As bigwigs get bailouts, taxpayers ponder layoffs, ruined retirements and wiped out college funds. Yet neither McCain or Obama have tapped into that anger.
Sep 17, 2008 / Column / Nicholas von Hoffman
AIG’s Rotten Investments Could Bring the House Down AIG’s Rotten Investments Could Bring the House Down
The house of global finance is on fire--and the lightning bailout of AIG raises serious question about government's capacity to extinguish the flames.
Sep 17, 2008 / William Greider