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Great Depression

Dispatches From Incredible 1934 Campaign: Kate Hepburn, FDR, Against Upton Sinclair

Greg Mitchell | Posted 05.25.2011 | Politics
Greg Mitchell

So far at this part in the '34 California gubernatorial race, Katharine Hepburn had refused to comment on the district attorney's investigation of political intimidation in Hollywood. But that didn't stop her father from speaking for her.

Will the Democrats Take the Fall for Wall Street?

Les Leopold | Posted 05.25.2011 | Politics
Les Leopold

Why is the Democratic Party losing support from the people who are usually its most ardent supporters -- everyday working people? It has ceased to be the Party of Jobs.

How Sex, Drugs, and Fraud Drove the Financial Crisis

Michael W. Hudson | Posted 05.25.2011 | Business
Michael W. Hudson

Given the current robosigning, document-backdating foreclosure crisis, it's worth thinking about what happens when fraud and recklessness go unchecked. Here it is in the words of Wall Street's finest.

Reversing the Redistribution of Wealth

Robbie Gennet | Posted 05.25.2011 | Impact
Robbie Gennet

If there was a greater economic balance between rich and poor, people on all points of the spectrum would be much better off.

Florida Lake: Could It Kill Again?

Joseph B. Treaster | Posted 05.25.2011 | Green
Joseph B. Treaster

Something like Swiss cheese develops and down comes the Lake Okeechobee dike with the potential, the Army Corps says, for severe flooding with significant loss of life and immense property damage.

How American Income Inequality Hit Levels Not Seen Since The Depression

Posted 10.19.2012 | Business

WASHINGTON (Reuters, By Emily Kaiser) - In 2007, when the world was on the brink of financial crisis, U.S. income inequality hit its highest mark sin...

Mortgage Crisis Is 'Cancer,' 'Slow Wasting Process,' Analyst Says

The Huffington Post | William Alden | Posted 05.25.2011 | Business

The foreclosure crisis is slowly killing the nation's economy, and the government has no idea what to do, analyst Christopher Whalen said on Bloomberg...

Innovation: Leading The Great American Comeback

Gary Shapiro | Posted 05.25.2011 | Business
Gary Shapiro

If we want a strong economy we need to do something about it. We need to reverse course and try another strategy. I suggest one based on innovation of entrepreneurs, rather than new federal spending on government jobs.

Using Food and Recipes to Turn a Challenge into Something Positive

Jordana Zizmor | Posted 05.25.2011 | Food
Jordana Zizmor

Everyone has been through some kind of hardship especially these days. Between the recession and the usual bad news if you haven't had to deal with it...

Why the Great Recession is Not Another Great Depression

Joseph A. Califano Jr. | Posted 05.25.2011 | Politics
Joseph A. Califano Jr.

It's time for all Democrats to dust off their reluctance to mention LBJ and help our people understand that government is key in times like these, that in 2010 the Great Society is the difference between the Great Recession and another Great Depression.

GOP Runs on the "Big Lie"

Rev. Jesse Jackson | Posted 05.25.2011 | Politics
Rev. Jesse Jackson

If Republicans take control of Congress and carry through on their promise to roll back spending on jobs while cutting taxes for the wealthy, we'll see even more pink slips and fewer paychecks. That's a fact.

If You Like the Recession, You'd Love "Speaker Boehner"

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

To escape a period of long-term economic stagnation, we need a major shot of additional stimulus now. But we will never get it -- at least in the near term -- if Republicans take control of one of the houses of Congress.

Profits Take All: Why We Need to Move Toward a Shared Prosperity

Jakada Imani | Posted 05.25.2011 | Politics
Jakada Imani

Our country has to get back to honoring its workers, over reckless speculation. When we look at all of the statistics about poverty, wealth and big corporate profits, it's easy to see that the everyday people at the heart of our communities have faired the worst.

IMF: U.S. Economy Will Lag The World's Growth

Posted 05.25.2011 | Business

WASHINGTON (AP, MARTIN CRUTSINGER) -- China and other emerging powers are offsetting weakness in the United States and Europe and will likely lift the...

Movie Review: Inside Job

Marshall Fine | Posted 05.25.2011 | Entertainment
Marshall Fine

Inside Job explains complex ideas with a clarity and skill that make them comprehensible to anyone willing to pay attention. But Charles Ferguson does it in a way that doesn't dumb things down.

Five Ways the Democrats Can Avoid a Catastrophe and Pull Off the Mother of All Upsets

Michael Moore | Posted 05.25.2011 | Politics
Michael Moore

If you're of a mindset that believes a return to 2001-2008 would be sheer insanity, then you probably agree we've got no choice but to save the Democrats from themselves.

Wall Street Brings Class War to America?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Oh, how the super-rich hate the sound of "class struggle." Dare to utter the words and they'll reach for their red-baiting paint guns and spray you silly with invective. It's un-American. It's socialistic. It's an insult to democracy.

10-2-10 Rally Gives Progressives a Chance to Stand Up Straight

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

Sometimes the day-to-day back and forth of politics can cause us to forget what's really at stake and the gulf between progressive and right-wing values -- the difference between our vision of society and of the other side.

America's Failed 401(k) Experiment

Lee A. Saunders | Posted 05.25.2011 | Politics
Lee A. Saunders

While the unfunded pension liabilities in many public retirement funds have received an inordinate amount of attention, the larger retirement deficit ...

Republican Pledge: A Rotten Egg for the Middle Class

Leo W. Gerard | Posted 05.25.2011 | Politics
Leo W. Gerard

In 1928, the Republicans promised Hoover's victory would assure the prosperity of "a chicken in every pot." This week, the GOP proffered a similar pledge to America: instead of a "chicken in every pot" they're pledging a salmonella-poisoned egg.

Lessons Learned From the Appointment of Elizabeth Warren

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

Some are dissatisfied with the president for not going through a confirmation process in the Senate with Elizabeth Warren. His concerns were real about getting the 60 votes to override the filibuster that was certain to come from the Republicans.

'Alfred Stieglitz New York' (PHOTOS)

Bonnie Yochelson | Posted 05.25.2011 | Books
Bonnie Yochelson

The show and the book bring together Stieglitz's photographs of New York City for the first time since 1932, when he showcased his own New York photographs at his midtown gallery, An American Place.

Politicians Ignoring Poor Americans

Washington Post | Michael A. Fletcher | Posted 05.25.2011 | Politics

The reluctance of political leaders on both sides of the aisle to directly confront the fact that growing numbers of Americans are slipping into pover...

Poverty Rises as Wall Street Billionaires Whine

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

You'd think the Wall Street moguls would be thankful. Not just thankful -- down on their knees kissing the ground taxpayers walk on and hollering hallelujah at the top of their lungs! Instead, they're back to hauling in obscene profits.

How America's Shift Away From Helping Its Own Ruined The Economy And The Middle Class (PHOTOS)

Robert Reich | Posted 05.25.2011 | Books
Robert Reich

In the 1930s and 1940s, we restructured our economy to widen prosperity. The result was the Great Prosperity -- a period running from 1947 to 1975, in which the American economy boomed.