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 exactly is all of the bailout money going? Today, McClatchy addresses growing concerns over the lack of true oversight in government's enormous ...
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.
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.
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?
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.
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.
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.
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.
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.
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.
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.
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."
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.
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."
Bullish investors should turn into shrinking violets as the stock market continues its shocking downward spiral, CNBC's "Mad Money" host Jim Cramer to...
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.
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.
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...
Instead of the handing those who created the Sub Prime Pyramid Scheme a TRILLION of our dollars, we demand a NEW New Deal that invests in the country that our children will inherit.
***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...