Cross-posted with TomDispatch.com

At the end of a week in mid-October when the Dow Jones soared past 10,000, Goldman Sachs recorded “just another fantastic quarter” with a $3.2 billion quarterly profit, JPMorgan Chase raked in a cool $3.6 billion, and a New York Times

Cross-posted with tomdispatch.com.

At the end of this summer of discontent, of death panels and unplugging poor Grandma, of birthers and astroturfers and rifle-toting picketers, the halcyon early days of the Obama administration feel increasingly like hazy, gilt-edged memories. The president's sprawling legislative...

Crossposted with TomDispatch.com

How the Financial Bailout Scams Taxpayers, Subsidizes Wall Street, and Props Up Our Broken Financial System

On October 3rd, as the spreading economic meltdown threatened to topple financial behemoths like American International Group (AIG) and Bank of America and plunged global markets...

Crossposted with TomDispatch.com

A few months ago, Bobby Stapleton, a 21-year-old student at the University of Michigan, received a phone call from his younger brother. The good news came first: a senior in high school, he, too, had been accepted by the university, the fourth sibling in...