There is a joke circulating on the Hill these days. "What is the technical term for a Wall Street investment banker who…
Dean Baker
This is the first time in the history of the United States that the president has sought to provoke a financial panic…
The $700bn bail-out bill is a victory for wealthy bankers who exploited fears of a financial crisis for their own gain. …
A friend recently sent a note reminding me that back in 2003, when some of us were warning about the dangers of…
According to George Bush, our financial structure is in such desperate shape that if Congress doesn’t hand a $700bn blank cheque to…
The events of the last week showed the urgency of dealing with the financial crisis. There is a real risk that the…
Virtually the only certainty in the current financial situation is that there will be more problems ahead. Those who controlled the levers…
The McCain-Palin ticket has developed an interesting campaign strategy. They don’t want the public to see their plans to dismantle Social Security,…
Senator McCain and his friends no doubt still believe that the economy’s fundamentals are strong, but Friday’s jobs numbers clearly show how…
The unemployment rate jumped to 6.1 percent in August, the highest level since September of 2003. The establishment survey showed the economy…