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700 Billion Bailout

Highlights Of The Financial Overhaul Bill (PHOTOS)

HuffPost/AP | Posted 05.25.2011 | Business

Congress just passed a sweeping overhaul of America's financial regulatory system. The financial bill cleared the Senate by a vote of 60 to 39, and ...

Where Is The Bank Bailout Money Going? (VIDEO)

Posted 05.25.2011 | Business

Where exactly is all of the bailout money going? Today, McClatchy addresses growing concerns over the lack of true oversight in government's enormous ...

"Banksters" On Parade

Jackson Williams | Posted 05.25.2011 | Business
Jackson Williams

There once were usury laws in this country to limit such shamelessness. I wonder where they went?

Get Your War On: Bailout?! (VIDEO)

Huffington Post | Posted 05.25.2011 | Comedy

The new GYWO is here, despite the economy. Take that, John McCain....

An Open Letter to President Obama

Jason Pollock | Posted 05.25.2011 | Politics
Jason Pollock

You have forever changed what it means to be the President of the United States and I'm so grateful and happy for your existence.

To Survive, Americans Must Assert Themselves as Economic Patriots

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

To survive this economic catastrophe, Americans must stand up to the likes of the Chamber and the Roundtable and call them out for being economic traitors to the United States of America.

You Morons, What Have You Done With Our Money?

Gail Vida Hamburg | Posted 05.25.2011 | Business
Gail Vida Hamburg

Was it too much to ask Congress to examine this government intervention in the free market critically before authorizing the transfer of US taxpayer dollars to benefit the banking sector?

Toyota Republicans Should Cut Their Own Pay

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Clearly the allegiance of the Republicans who opposed the loan to save GM and Chrysler is not with the US, which would lose 900,000 jobs if just GM closed, and more than 2.1 million if the Big Three did.

Congress Bails out Those Who Shower Before Work, but not Those who Shower After Work

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.

Time to Change the Rules Rather Than Throw More Money at the Banks

David Paul | Posted 05.25.2011 | Business
David Paul

The current lesson for the commercial banks is that if they want to survive, they should not do any of the things -- such as increase lending -- that the Treasury is trying to get them to do.

Paulson's Bailout: So Much for That Idea!

Rick Horowitz | Posted 05.25.2011 | Business
Rick Horowitz

You know what the bailout feels like? Walking down the street, and pressing a crumpled bill into the outstretched palm of the guy who approached you... Only multiplied by 700 billion.

Key #2 To Your Sound Financial Future

Dr. Cara Barker | Posted 11.17.2011 | Healthy Living
Dr. Cara Barker

We cannot meet a better life, a more sound financial future, without facing the fact that sooner or later we have to face the habit of living beyond our means.

Paulson Deal Cheats American Taxpayers

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.

When It Comes to Slicing the American Pie, McCain Serves Only the Rich

Leo W. Gerard | Posted 05.25.2011 | Politics
Leo W. Gerard

McCain and Palin are running around the country pretending the GOP ticket represents the best interests of the working class and small business owners. It's all false rhetoric and no real action.

Requiem for the Bailout Storyline

Norman Solomon | Posted 05.25.2011 | Media
Norman Solomon

Recent events should not be allowed to obscure the reality that the news media played a pivotal role in stampeding the country into a bailout that was unwise and unjust.

Credit Default Swaps, the Collapse of AIG and Addressing the Crisis of Confidence

David Paul | Posted 05.25.2011 | Business
David Paul

The problem seems straightforward. After the AIG collapse, how does one institution trust its exposure to another?

Declaring War on the Meltdown

Alan Fein | Posted 05.25.2011 | Business
Alan Fein

A wise Democrat I know argues that a 21st Century WPA-type program is not only good policy; it's also good politics: "Bailing out financial markets is playing defense. I want to play offense."

Late Car Payments Now Total $25 Billion; US May Lose 700 Dealerships This Year

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The number of people late on their monthly car and truck payments is huge, represented by nearly $25 billion worth of consumer auto loans that are delinquent.

Barney Frank Brings Life Support to Wall Street

Aubrey Sarvis | Posted 05.25.2011 | Business
Aubrey Sarvis

Despite the bailout, the European and Asian markets are in what the Financial Times describes as a "global sell-off" but which less conservative media are describing as a "bailout panic."

Cramer Says To Get Out Of The Market

MSNBC | Michael Inbar | Posted 05.25.2011 | Business

Bullish investors should turn into shrinking violets as the stock market continues its shocking downward spiral, CNBC's "Mad Money" host Jim Cramer to...

Economic Chaos Increases After Congress Passes Bailout

Bob Barr | Posted 05.25.2011 | Politics
Bob Barr

There is much more to be done to clean up the economic mess flowing from the housing market crash, but the ill-considered federal bailout is likely to slow the process.

So... Now What?

Andy Stern | Posted 05.25.2011 | Politics
Andy Stern

Let's face it: the Bailout Bill doesn't get to the heart of what's wrong with our economy. Neither you, nor I, nor many of those who voted for it believe that this bill will solve the pressing issues American families face.

Jason Linkins

John McCain Gets Incoherent In Bailout Defense | Jason Linkins | Posted 05.25.2011 | Politics

Look, I'm just going to level with you. I have not got no explanation for what could possibly be going on in this clip of John McCain on today's Morn...

Senate Passes Bailout Bill

Huffington Post | Dave Burdick and Nicholas Graham | Posted 05.25.2011 | Business

***UPDATE*** 12:41AM 10/2 Bipartisanship: The Senate's bailout vote margin stood in stark contrast to the House's: In stark contrast to the House re...

What Part of "We Don't Trust You" Do You Not Understand?

Jane Smiley | Posted 05.25.2011 | Business
Jane Smiley

If there's going to be a bailout, bailout from the bottom and let the benefits trickle upward. The ruling class can't imagine how things would work for them if we did that.