Bailout Fails

The Time To Raise The Maximum Federal Deposit Insurance Coverage

Rep. Steve Cohen | Posted 11.02.2008 | Politics


Rep. Steve Cohen

This proposal will not only give consumers more protection in this uncertain environment, but it could help garner more votes from my colleagues.

Behind The Scenes: How Congressional Conservatives Induced Financial Crisis

Scott Lilly | Posted 10.31.2008 | Politics


Scott Lilly

Make no mistake: when the aftermath of Congressional inaction becomes clear, Americans will not tolerate those who stood by and let the calamity happen.

McCain's Massive Fail

Eric Schmeltzer | Posted 10.30.2008 | Politics


Eric Schmeltzer

It was McCain's failure to even keep his finger on the pulse of his own party's caucus, showing himself to be utterly clueless as to where his House members stood, as late as Monday morning.

The Bailout Round II: Adult Version?

Dean Baker | Posted 10.30.2008 | Business


Dean Baker

The main cause of the economy's weakness is not insolvent banks and lack of credit -- it's the loss of $4-$5 trillion in housing equity as a result of the bubble's partial deflation.

Sam Stein

McCain: Now Is Not The Time For Blame, But I Blame Obama

HuffingtonPost.com | Sam Stein | Posted 10.30.2008 | Politics


At 5:15 p.m Monday evening, Sen. John McCain addressed a pool of reporters in Ohio, declaring that it was not the appropriate time or place for people...

Jason Linkins

Bailout Bottom Line: The Safer The Seat, The Closer To Yes

HuffingtonPost.com | Jason Linkins | Posted 10.30.2008 | Politics


Once the press is finished chewing over whether it was the monolithic left or the monolithic right that doomed the passage of whatever rough beast had...

Bailout Brainstorm: Ignorant Questions from a Confused Citizen

David Quigg | Posted 10.30.2008 | Business


David Quigg

Are we likely to be back in this position again if we send a $700 billion message that America is a country that bails out companies that take reckless risks?

After the Revolt Against Wall Street

Robert L. Borosage | Posted 10.30.2008 | Business


Robert L. Borosage

Progressives should demand a real -- $200 billion or more -- stimulus that invests in new energy, extends unemployment benefits, aids states and localities to avoid debilitating cuts, and puts people to work.

Sam Stein

Ed Rollins: Failure Of Bailout Will Hurt McCain

HuffingtonPost.com | Sam Stein | Posted 10.30.2008 | Politics


A prominent GOP strategist said on Monday that John McCain handled his role in the bailout process poorly and would ultimately be hurt politically by ...

House Republicans Channel Newt Gingrich's "Snub"

Barry Yourgrau | Posted 10.30.2008 | Politics


Barry Yourgrau

This has shades of Newt Gingrich shutting down the government back back in the 90's because he felt snubbed by Bill Clinton.

Bailout Fails In The House

AP | JULIE HIRSCHFELD DAVIS | Posted 10.30.2008 | Politics


WASHINGTON — In a vote that shook the government, Wall Street and markets around the world, the House on Monday defeated a $700 billion emergenc...