Trust but Organize
I have no doubt whatsoever that Obama wants to do right by the American people, but if progressives believe he is wrong on something important, we should still speak out and still organize.
I have no doubt whatsoever that Obama wants to do right by the American people, but if progressives believe he is wrong on something important, we should still speak out and still organize.
Robert Kuttner | Posted 05.13.2009 | Politics
Progressives now find themselves in an awkward position of simultaneously wishing Barack Obama well, but feeling dismayed by his policies on some key issues.
New York Times | STEPHEN LABATON and EDMUND L. ANDREWS | Posted 05.12.2009 | Business
As the Obama administration completes its examinations of the nation's largest banks, industry executives are bracing for fights with the government o...
New York Times | GRAHAM BOWLEY and MICHAEL J. de la MERCED | Posted 05.09.2009 | Politics
During World War I, Americans were exhorted to buy Liberty Bonds to help their soldiers on the front. Now, it seems, they will be asked to come to th...
Kristina Rizga | Posted 05.09.2009 | Politics
In the first three weeks, 8,000 people of all ages signed up to participate in protests planned in over 55 cities. WireTap talked to Tiffiniy Cheng to find out why A New Way Forward thinks a different bailout plan is urgent.
bloomberg.com | David Mildenberg | Posted 05.09.2009 | Business
April 8 (Bloomberg) -- Bank of America Corp., the largest U.S. bank, needs to raise $36.6 billion in equity to bring capital ratios in line with its p...
ABC News | CHARLES HERMAN and ALICE GOMSTYN | Posted 05.08.2009 | Business
Govt. May Spend More than $4 Trillion but Economy Faces 'Prolonged Weakness,' Oversight Panel Reports...
Trey Ellis | Posted 05.08.2009 | Politics
They ran such a supremely pragmatic and logical campaign that the way the administration is now handling this banking crisis continues to baffle.
Mike Lux | Posted 05.08.2009 | Politics
The way Tim Geithner has structured the banking plan, the Obama administration will, sooner or later, almost certainly be facing another AIG bonuses-type of outrage.
Cenk Uygur | Posted 05.07.2009 | Politics
This is beginning to feel a little like before the Iraq War when some warned of impending disaster and the administration and mainstream media blew them off.
CNBC | Posted 05.07.2009 | Business
he U.S. economy is in for a "lasting slowdown" and could face a Japan-style period of relatively low growth coupled with high inflation, billionaire i...
Mike Lux | Posted 05.07.2009 | Politics
As a multi-cultural, African-American, son of an immigrant, and as the personification of hope for an idealistic young generation, if Obama fails, it hurts progressive hopes for decades.
Jeffrey Sachs | Posted 05.07.2009 | Business
Geithner and Summers tell us that their plan is the only option, but without a word of further explanation as to why. Let them explain to America why the other proposals are not being pursued.
Dean Baker | Posted 05.07.2009 | Business
Given how much money Tim Geithner wants to spend -- putting it in the hands of the folks that brought on this economic crisis -- it would seem appropriate to first examine all the alternatives.
HuffingtonPost.com | Jason Linkins | Posted 05.07.2009 | Politics
It seems like only yesterday that Treasury Secretary Timothy Geithner was earning universal derision for that time he appeared in public after being h...
The New York Times | Frank Rich | Posted 05.06.2009 | Politics
EVEN among pitchfork-bearing populists, there was scant satisfaction when the White House sent the C.E.O. of General Motors to the guillotine. Sure, ...
New York Times | Tyler Cowen | Posted 05.06.2009 | Business
THE Obama administration's proposals to reform financial regulation sound ambitious enough as they aim to bring companies like A.I.G. under a broader ...
McClatchy | Charles Piller | Posted 05.06.2009 | Business
Billionaire investor Warren Buffett has been lauded for his plainspoken denunciation of the greed and foolishness behind the economic crisis. He's pus...
AP | PETE YOST | Posted 05.05.2009 | Politics
WASHINGTON — Bailing out the financial sector will cost taxpayers $167 billion more than originally anticipated, according to a Congressional Bu...
Max Keiser | Posted 05.02.2009 | Business
A red tide of toxic debt has poisoned the nation's financial system. And the American taxpayers are paralyzed as the financial oligarchs brazenly plunder their Fed and Treasury pockets.
David Sirota | Posted 05.01.2009 | Politics
Obama took some flack last year for seeming to idealize The Gipper. I think we're seeing that they previewed an effort to emulate Reagan's tactics -- in particular, when it comes to bailouts.
Huffington Post | Marcus Baram | Posted 04.30.2009 | Politics
Detroit-area GOP Congressman Thaddeus McCotter, who denounced the Obama's rejection of bailout funds for the auto industry, did his part to help out t...
Robert Kuttner | Posted 04.29.2009 | Politics
I fear that these columns have been too polite. What we have is something perilously close to a dictatorship of the Fed and the Treasury, acting in the interests of Wall Street.
HuffingtonPost.com | Jason Linkins | Posted 04.27.2009 | Politics
Apparently, the new new thing, as far as criticizing Timothy Geithner's bank bailout plan, is to darkly warn that the intervention itself constitutes ...
Roger Smith | Posted 04.26.2009 | Business
I went back to Mr. DeSantis' tear-stained letter of resignation, and tried to see if indeed his outrage at the very idea of being asked to give his bonus back possibly justified. I quickly concluded, No way.
Mike Lux | Posted 05.15.2009 | Politics