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.
Congress should step up its investigations of the roots of the financial crisis and slow down the rush to weak solutions--especially the empowerment of the Federal Reserve.
What's missing in the President's call for reform are concrete rules that address a dysfunctional banking system. Slow down the rush to weak solutions.
Taxing benefits may raise money for Obama's healthcare reform, but it would betray union members who gave up wage increases in order to get decent coverage.
Rancho Santa Margarita, Calif.
The biggest names in Wall Street banking are back to business as usual. And if they're wrong in declaring the financial crisis over, the big losers will be President Obama and the American taxpayer.
If Democrats don't stand up to the banking lobby, it's unlikely that necessary and real credit reform will take place.
The outlines of the GM deal suggest President Obama is sticking with Rubinomics. Will other Democrats be brave enough to stand in his way?
Good news! Nobody is insolvent! While Treasury declares banks are strong enough to weather the storm, private-sector stress tests tell very different story.
The good times, as we have known them, are not coming back. Americans need a new vision that helps them deal with new economic realities.
When great crimes are committed--by the big dogs of Wall Street or those who torture in our name--they will either bully their way out or be called to account. Is Obama tough enough to do what's right?