In Western Michigan, Obama Calls for 'Middle Class' Bailout

GRAND RAPIDS, Mich. – Barack Obama emphasized the need to bail out working families not just Wall Street at a campaign stop here, Thursday, Oct. 2.

Here's How to Fix the Wall Street Mess

The richest 400 Americans -- that's right, just four hundred people -- own MORE than the bottom 150 million Americans combined. 400 rich Americans have got more stashed away than half the entire country!

Finances and the Current Crisis: How did we get here and what is the way out?, Pt. 2

The turmoil in financial markets and the bailout to the tune of $700 billion has turned the public eye and wrath on Wall Street and Washington. While millions are aware of the triggering causes, ranging from predatory lending to deregulation to insatiable greed, what isn’t so obvious is the longer-term process.


Book Review: The New Asian Hemisphere

Kishore Mahbubani’s new book, The New Asian Hemisphere: The Irresistible Shift of Global Power to the East, is a sobering text that should be read with three points in mind.


Europe: From Fortress to Jail

The hardening of French immigration policy, following Nicolas Sarkozy's appointment as Interior Minister in 2002 and his subsequent election as President in 2007, is not the exception in the European Union but the rule.


Economic and Energy Crisis

You don’t need a weatherman to know which way the wind blows!,” Bob Dylan famously sang in 1965. And no one now debates that there is indeed an economic crisis upon us. Note that after at least 20 years of gridlock in Congress, an unprecedented “bipartisan consensus” has arisen to give Treasury Secretary Henry Paulson a “blank check.”

Why the Rush?

Monday saw the collapse of the second, minimally-revised bailout package in the House of Representatives. There was tremendous pressure exerted by George W. Bush in a shock-and-awe doomsday scenario reminiscent of the run-up to the Iraq War.

Obama Urges Comprehensive Response to Economic Crisis

More than a Wall Street bailout is needed to end the current financial crisis and restore economic growth, Barack Obama told supporters in Reno, Tuesday, Sept. 30, at the University of Nevada.

Financial Crisis, Bailouts, and the Real Economy, Speaking with Sam Webb

It takes a lot of chutzpah to blame homeowners for this crisis, given all we know about how the housing crisis developed and all the predatory lenders involved.

Why John McCain has Trouble with Truth and Taxes

Despite repeated corrections by fact-checking watchdogs, the McCain campaign continued to falsely claim this week that Barack Obama would raise taxes on working families.

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