For the first time that I can remember, a Michael Moore documentary/propaganda piece is less about the subject at hand and more about Michael Moore himself.
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We responded to the financial system's crisis by propping it up. Why not prop up manufacturing, which has been disappearing at a stunning rate from this country over the last 30 years?
Crises have been ubiquitous throughout history. While we can't forecast them we do know how to learn from them. And we certainly have a good idea what not to do in response.
While executives are dancing with your dollars, the foreclosures they helped to bring on continue to rise. Many banks are dragging their feet, enjoying the bailout bucks but failing to spread them around.
Whether you believe that Paulson was was a bully or a hero, the results of the initial TARP paybacks must give him some solace.
The percent of banks that lost money last quarter set an all-time high, according to the Federal Deposit Insurance Corporation.
More than 28 percent ...
Many of the lenders who helped fuel the subprime mortgage boom are now receiving billions in taxpayer money to modify those same loans, according to a...
As the number of banks closed by the Federal Deposit Insurance Corporation has grown rapidly this year, it has become clear that most of them had noth...
It is preposterous to conclude that the U.S. banking sector is well capitalized and strong enough to endure a severe economic recession.
While the Obama Administration has bailed out banks with my money, I cannot find an adequate interest rate from any of them.
Nobel prize-winning economist Joseph Stiglitz appeared on Yahoo's Tech Ticker recently, and had some pointed words regarding the massive bank bailouts...
Unemployment is at near double digits, people are losing their homes, and trillion of dollars in people's retirement savings have been eliminated -- all as a result of gambling on Wall Street.
A growing number of small and midsize banks that received federal bailout money have stopped paying quarterly dividends to the government in order to ...
In this recession, it is unnerving how little attention has been devoted to how American manufacturing firms have been affected.
Right from the beginning, there was a coordinated effort to allow the Goldman types to dump their mistakes on someone else.
If the state were to deposit its money in its own state-owned bank, it could have enough credit to solve its budget crisis with funds to spare.
The financial flack who came up with the phrase "financial innovation" deserves the Bernie Madoff Financial Engineering Prize of 2009 for the most outrageous fantasy finance concept of the year.
We haven't at all reformed Wall Street, we've just resurrected it. Then when it comes to saving the one institution that's necessary, we can't find the political will to do so.
California could put its revenues in its own state-owned bank and fan these "reserves" into many times their face value in loans, using the same "fractional reserve" system that private banks use.
It's safe to say that whatever the fundamental problem with the banking system, it is at the very least 35 years old, if not older. Which brings us to Oklahoma City.
Ok, so we all know the world has changed. The financial markets have been upended, and we're all more than a little chastened by the excesses of the p...
WASHINGTON — The government has tens of billions of dollars left in the eye-popping $700 billion bank bailout fund created last fall, prompting ...
In order to confuse those who from time to time come across something that I write, I have decided to deal in one article with some of the "transgress...
If we all weren't so afraid of big, bad government, we'd realize the obvious: expanding the public sector is the most efficient way both to create jobs and stimulate the economy.
With a straight face, the captains of Wall Street like are telling us that they don't need to be heavily regulated -- that regulations will kill innovation and stifle consumer choice.
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