Economics

The Bank of America Mortgage Settlement Fiasco

The Bank of America Mortgage Settlement Fiasco The Bank of America Mortgage Settlement Fiasco

Angelo Mozilo, former CEO of Countrywide Financial, has just agreed to pay $67.5 million SEC fine. But the landmark 2008 settlement with Bank of America, which had acquired Country...

Oct 13, 2010 / Feature / Alex Ulam

Invasion of the Robot Home Snatchers Invasion of the Robot Home Snatchers

The Titanic that is the US housing market has just sprung its biggest leak.

Oct 13, 2010 / Robert Scheer

China’s Pipelineistan ‘War’

China’s Pipelineistan ‘War’ China’s Pipelineistan ‘War’

China is slowly winning control of the Greater Middle East and Central Asia's energy supplies with deals, strategy and lots of pipe.

Oct 12, 2010 / Pepe Escobar

Jobs and Income Data Add Up to an Historically Unequal Future Jobs and Income Data Add Up to an Historically Unequal Future

The recession’s legacy will be an unprecedentedly imbalanced, winner-takes-all economy.

Oct 8, 2010 / Kai Wright

Hey Michelle, Read My Book Hey Michelle, Read My Book

Surely Michelle Obama knows that this administration has thrown trillions at the banks in hope that they would respond with mortgage relief for struggling homeowners—and got...

Oct 6, 2010 / Robert Scheer

The Face of an American Lost Generation The Face of an American Lost Generation

Unemployed and stranded on the sidelines of a job crisis.

Oct 5, 2010 / Andy Kroll

Congress Wants to Cut Food Stamps to Fund School Lunches Congress Wants to Cut Food Stamps to Fund School Lunches

Anti-hunger activists explain why cutting food stamps is going to hurt kids.

Oct 3, 2010 / StudentNation / Braden Goyette

Talking Social Security

Talking Social Security Talking Social Security

It's time to get serious about sustaining social security. 

Oct 1, 2010 / Katrina vanden Heuvel

A Grand Compromise? A Grand Compromise?

The key to revitalizing the economy is freeing up still-frozen credit markets. 

Sep 30, 2010 / Katrina vanden Heuvel

A Few Facts About Farmworkers A Few Facts About Farmworkers

Poor farmers, stupid Americans and lying politicians.

Sep 30, 2010 / Eric Alterman

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