The House Republicans will be to blame for any calamities that may yet be in store for our economy. Their objection to the modified Paulson Plan was not ideological, it was political.
By Stephen C. Rose
Each morning I dutifully post links from sites I value for their news sense or opinion pertinence.
Today the general theme is bai...
Main Street America is sending a clear message to Washington these days: Don't direct all your help to Wall Street. Give us the tools we need to dig ourselves out of our own economic crisis.
The economic crisis will pass but America's biggest crisis is the fact that Washington is an 18th Century American political system operating in the 21st.
Sen. John McCain returned to Washington on Thursday after declaring that he has suspended his campaign, but he appeared largely detached from the flur...
Bush and McCain have turned a blind eye to those who are struggling to keep their homes. Back then they were talking about "market correction." Only now are they talking about government intervention.
Journalists like simple stories with clear-cut villains who are easy for readers (and journalists themselves) to recognize. And so, as the financial c...
Now that JPMorganChase has raised its bid for Bear Stearns, angry shareholders seemed to have calmed down and Wall Street isn't as worried that the in...
Employees at Bear Stearns Cos were hardly celebrating the day after JPMorgan Chase & Co raised its bid for Bear five-fold.
Instead, resignation, bitt...
Read between the lines of the Bear Stearns-JP Morgan story and it seems clear that the parties who insisted on the original $2 deal price were not JP ...
Wall Street investors couldn't applaud enough last week when the Federal Reserve rode in and rescued investment bank Bear Stearns from bankruptcy.
Bu...
Napoleon is alleged to have said, "Never get in the way of any enemy, who is destroying himself'." In the 'great deleveraging battle' of this post-tur...