Paulson’s Plan B Paulson’s Plan B
The Treasury Secretary's decision to buy equity stakes in banks still fails to address the fundamental flaws in the system.
Oct 14, 2008 / Editorial / Nomi Prins
McCain and the Meltdown McCain and the Meltdown
Robert Sherrill's pathbreaking 1990 exposé of the savings and loan scandal sheds light on John McCain's deregulatory politics--and our current financial crisis.
Oct 9, 2008 / Feature / The Nation
Break Wall Street’s Money Monopoly Break Wall Street’s Money Monopoly
As the next Congress creates a new regulatory structure for our crippled financial system, job one is breaking Wall Street's grip on capital and credit.
Oct 2, 2008 / Column / Nicholas von Hoffman
Born-Again Democracy Born-Again Democracy
Congress must take control of the failed financial system until a new president can legislate a more permanent and equitable solution.
Oct 1, 2008 / Editorial / William Greider
Regional Banks Can Solve the Credit Crisis Regional Banks Can Solve the Credit Crisis
Take a lesson from Andrew Jackson: Rely on regional banks, not Wall Street, to get money in the hands of people who need it.
Sep 26, 2008 / Column / Nicholas von Hoffman
Desperate Measures Desperate Measures
Remember the National Lampoon cover showing a puppy with a gun to its head? That's the Paulson plan.
Sep 24, 2008 / Column / Nicholas von Hoffman
Paulson’s Plan: Financial Fascism Paulson’s Plan: Financial Fascism
Henry Paulson isn't proposing the nationalization of private corporations--he wants a corporate takeover of government.
Sep 24, 2008 / Column / Robert Scheer
Bailout Plan: Trust But Verify Bailout Plan: Trust But Verify
Bernanke is asking for trust he has not earned. Here's a shortlist of conditions to make this a credible deal.
Sep 23, 2008 / Feature / James K. Galbraith and William K. Black
Goldman Sachs Socialism Goldman Sachs Socialism
Instead of handing Bernanke $700 billion with no strings attached, government should take over the banking and finance sector, clean it up and start funneling money into the real e...
Sep 23, 2008 / Feature / William Greider
Socialism for Bankers, Savage Capitalism for Everyone Else? Socialism for Bankers, Savage Capitalism for Everyone Else?
The bailout jeopardizes the entire progressive agenda, undermines democracy, doesn't compensate us for our money and doesn't solve the problem. Otherwise, it's great!
Sep 23, 2008 / Feature / James S. Henry