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Steve Fraser
Steve Fraser
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Steve Fraser is a visiting professor at New York University and the author of Wall Street: America's Dream Palace. He is a regular contributor to TomDispatch.com and co-founder of the American Empire Project (Metropolitan Books).

Blog Entries by Steve Fraser

Beyond the Bailout State

Posted December 2, 2008 | 04:15 PM (EST)

Reposted from TomDispatch.

On a December day in 1932, with the country prostrate under the weight of the Great Depression, ex-president Calvin Coolidge -- who had presided over the reckless stock market boom of the Jazz Age Twenties (and famously declaimed that "the business of America is business")...

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