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Main Street

The Change We Need

Robert L. Borosage | Posted 05.25.2011 | Business
Robert L. Borosage

A big time recovery plan for Main Street focused on the investments we need is one key element of the change we need. And one that President Obama surely supports.

Obama Needs an FDR-Style Public Works Program

Mike Papantonio | Posted 05.25.2011 | Business
Mike Papantonio

There is a fraternity-like mentality that exists among corporate CEOs. There is an illusory standard of what "moral" or "legitimate" actually means in decision making for that elite crowd.

Economist Shiller: Let's Pay Wall Street to Teach Main Street How to Lose Money like Pros

Charles H. Green | Posted 05.25.2011 | Business
Charles H. Green

For a Yale economist to play "blame the consumer" is incredible enough, but to use that argument ostensibly in support of "bridging the wealth gap" is disingenuous at the least.

Thank You, Wal-Mart, For A Cheap Christmas

Al Norman | Posted 05.25.2011 | Business
Al Norman

Wal-Mart's PR team thought that helping "Main Street" sounded good -- even though businesses on Main Street will tell you that Wal-Mart is the Grinch who stole their Christmas.

Why Do We Hate the Poor?

Alden Loury | Posted 05.25.2011 | Chicago
Alden Loury

John McCain fell in love with Joe the Plumber and proclaimed that we were all like Joe. But no one has stood up so prominently for the millions of Americans who would gladly switch places with Joe.

The Old Order Falls

Max Fraad Wolff | Posted 05.25.2011 | Business
Max Fraad Wolff

Unquestioned faith in the old order produces shock and panic as one pillar after another crumbles and falls. So it is with cursedly interesting times.

A Very Interesting Bus Ride

Frank A. Weil | Posted 05.25.2011 | Business
Frank A. Weil

Let's hope more people will think about today's situation in togetherness terms, not we versus them, because that state of mind cannot solve the problems we all share today.

McCain-Palin's Phony Love Affair With Main Street

Jack Rothman | Posted 05.25.2011 | Home
Jack Rothman

The Republicans have always opposed regulation of business that protects the "little people" against greed-ridden and corrupt practices of insatiable corporate elites.

Please Stop With The Main Street-Versus-Wall Street Rhetoric

Lionel Beehner | Posted 05.25.2011 | Politics
Lionel Beehner

The problem with this turn of phrase, besides dumbing down our discourse or sounding cliché, is that it assumes a good-versus-evil duality to the financial problem at hand.

Back from the Brink: Report from Inside the World Bank Meeting

Sarah van Gelder | Posted 05.25.2011 | Business
Sarah van Gelder

The World Bank and IMF held their annual meeting in Washington, DC, this weekend, and of course the global economic meltdown was on everyone's minds.

The Banking Scandal: Repeating the Same Mistakes and Expecting Different Results

Reese Schonfeld | Posted 05.25.2011 | Business
Reese Schonfeld

The President and Congress have finally allowed us to allocate $700 billion to a policy, about whose success they are, at least reasonably, doubtful. They should enact new regulations.

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.

At the Intersection of Wall Street and Main Street

Brett Ashley McKenzie | Posted 05.25.2011 | Business
Brett Ashley McKenzie

Few people can afford to treat themselves to an occasional red velvet cupcake or a ham and cheese croissant when a gallon of milk can as much as $4.

Anger in the Streets

Jim Randel | Posted 05.25.2011 | Business
Jim Randel

As to the anger toward Wall Street, I certainly understand it. As to anger toward those who are in housing trouble, I have a different point of view.

Republican "Workout" Is A Cop Out

Ron Grande | Posted 05.25.2011 | Home
Ron Grande

The House Republicans will be to blame for any calamities that may yet be in store for our economy. Their objection to the modified Paulson Plan was not ideological, it was political.

Main Street's Agenda: Give Workers the Tools to Lead and Sustain a Recovery

Thomas Kochan | Posted 05.25.2011 | Politics
Thomas Kochan

Main Street America is sending a clear message to Washington these days: Don't direct all your help to Wall Street. Give us the tools we need to dig ourselves out of our own economic crisis.

U.S. is Great, But Its Government System Stinks

Diane Francis | Posted 05.25.2011 | Politics
Diane Francis

The economic crisis will pass but America's biggest crisis is the fact that Washington is an 18th Century American political system operating in the 21st.

Bailout Confuson -- All Over The Web (Salient Links)

Stephen C. Rose | Posted 05.25.2011 | Politics
Stephen C. Rose

By Stephen C. Rose Each morning I dutifully post links from sites I value for their news sense or opinion pertinence. Today the general theme is bai...

Give Us a Bailout that Helps Everyone

Gerald McEntee | Posted 05.25.2011 | Business
Gerald McEntee

Bush and McCain have turned a blind eye to those who are struggling to keep their homes. Back then they were talking about "market correction." Only now are they talking about government intervention.

McCain Stops At Senate En Route To White House

The Washington Post | Posted 05.25.2011 | Politics

Sen. John McCain returned to Washington on Thursday after declaring that he has suspended his campaign, but he appeared largely detached from the flur...

Nancy Pelosi Doesn't Need a Timeout to Fix the Economy

ZP Heller | Posted 05.25.2011 | Politics
ZP Heller

Pelosi has made a difference in negotiating this bailout while still managing to speak directly with the public (imagine that!).

An Argument That The Crisis Started On Main Street

RealClearMarkets | Steven Malanga | Posted 05.25.2011 | Business

Journalists like simple stories with clear-cut villains who are easy for readers (and journalists themselves) to recognize. And so, as the financial c...

What About Main Street?

Washington Independent | Mary Kane | Posted 05.25.2011 | Business

Now that JPMorganChase has raised its bid for Bear Stearns, angry shareholders seemed to have calmed down and Wall Street isn't as worried that the in...

Taxpayers Assume Burden As Bear Gets Bailed Out

ABC News | SCOTT MAYEROWITZ | Posted 05.25.2011 | Business

Wall Street investors couldn't applaud enough last week when the Federal Reserve rode in and rescued investment bank Bear Stearns from bankruptcy. Bu...

Bear Stearns Staff Face Reality Of Buyout

Reuters | Chris Reiter | Posted 05.25.2011 | Business

Employees at Bear Stearns Cos were hardly celebrating the day after JPMorgan Chase & Co raised its bid for Bear five-fold. Instead, resignation, bitt...