William Greider, a prominent political journalist and author, has been a reporter for more than 35 years for newspapers, magazines and television. Over the past two decades, he has persistently challenged mainstream thinking on economics.
For 17 years Greider was the National Affairs Editor at Rolling Stone magazine, where his investigation of the defense establishment began. He is a former assistant managing editor at the Washington Post, where he worked for fifteen years as a national correspondent, editor and columnist. While at the Post, he broke the story of how David Stockman, Ronald Reagan's budget director, grew disillusioned with supply-side economics and the budget deficits that policy caused, which still burden the American economy.
He is the author of the national bestsellers One World, Ready or Not, Secrets of the Temple and Who Will Tell The People. In the award-winning Secrets of the Temple, he offered a critique of the Federal Reserve system. Greider has also served as a correspondent for six Frontline documentaries on PBS, including "Return to Beirut," which won an Emmy in 1985.
Greider's most recent book is The Soul of Capitalism: Opening Paths to A Moral Economy. In it, he untangles the systemic mysteries of American capitalism, details its destructive collisions with society and demonstrates how people can achieve decisive influence to reform the system's structure and operating values.
Raised in Wyoming, Ohio, a suburb of Cincinnati, he graduated from Princeton University in 1958. He currently lives in Washington, DC.
The Washington Post has run a "news" article about deficit reduction penned by The Fiscal Times, an outlet backed by Pete Peterson, the Wall Street millionaire who wants to loot Social Security.
If ten percent is good enough for God, it should be enough for the bankers.
A permanent security blanket for big boys of finance will further inflame public opinion. Only the public isn't likely to know.
Deficit spending is a cure for our troubles, not the cause. If Obama reduces the red ink, the Great Recession could be born again
In Washington, big ideas for financial reform are suddenly gaining momentum.
Goldman and the other big dogs of Wall Street are afflicted with the stink of greed, having harvested swollen fortunes from the calamity they caused for the rest of the country.
Blue Dog Democrats are undermining prospects for financial-industry regulation and reform.
The time to pay down the deficit will come only after the economy recovers.
Some public servants collect their reward after leaving government. Gene Sperling, adviser to Treasury Secretary Tim Geithner, earned his before.