House Bailout

Bailout Is Capitalism Murdering Democracy

David Sirota | Posted 11.03.2008 | Politics


David Sirota

The Wall Street bailout bill is a lot of things -- a giveaway, a heist, a legislative manifestation of crony corruption. But it's structure is pure authoritarian capitalism.

What Part of "We Don't Trust You" Do You Not Understand?

Jane Smiley | Posted 11.01.2008 | Business


Jane Smiley

If there's going to be a bailout, bailout from the bottom and let the benefits trickle upward. The ruling class can't imagine how things would work for them if we did that.

How Do You Make a DC Intellectual Look Less Articulate Than Sarah Palin Being Interviewed by Katie Couric?

Dean Baker | Posted 10.31.2008 | Business


Dean Baker

That's easy. You ask them how failure to pass the bailout will give us a Great Depression.

Putting Policy over Politics

Doug Schoen | Posted 10.31.2008 | Politics


Doug Schoen

The recent effort to repair the country's ailing financial system was a perfect opportunity to make historic progress in ending the vicious partisanship that has characterized Washington for decades.

What the Failure of the Bailout Package Means to the Presidential Race

Robert Creamer | Posted 10.31.2008 | Politics


Robert Creamer

It was the right-wing Republicans who prevented the success of yesterday's publicly unpopular bailout -- and ironically, it will be the fortunes of the right that suffer most as a result. Here's why.

A New Deal, or a New New Deal?

Howard A. Rodman | Posted 10.31.2008 | Politics


Howard A. Rodman

If we don't use this crisis as an opportunity, the pigs at the trough certainly will -- as they did after 9/11, and as Paulson and his gravediggers have been doing for the past few weeks.

The Failure of "Because I Say So"

Harry Shearer | Posted 10.30.2008 | Politics


Harry Shearer

As an American typically ignorant of the arcane ways of the financial wizards, what was missing for me in the scare talk last week was somebody who could put the danger in concrete terms.

Worse than Hoover

Jacob Heilbrunn | Posted 10.30.2008 | Politics


Jacob Heilbrunn

So the verdict is in. The House's failure to pass the bailout bill means that George W. Bush's record will not be as bad as Herbert Hoover's. It will be worse.

House Bailout Vote: The Uprising Comes to Wall Street and Washington

David Sirota | Posted 10.30.2008 | Politics


David Sirota

Will the Democratic leadership make this bill a vehicle for the kind of New Deal-style investments and regulations that are necessary to start rebuilding this country, and pass this bill with full Democratic support?

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...