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
My Great Depression My Great Depression
Far more than all the other bad things that have happened during the Bush years, our current financial crisis makes me feel that the American empire is in ruin.
Oct 14, 2008 / Feature / Tom Engelhardt
The Meltdown’s Silver Lining The Meltdown’s Silver Lining
When the markets calm down, liquidity returns and we are sunk in the inevitable recession, America can remake itself into a saner, more humane society.
Oct 10, 2008 / Column / Nicholas von Hoffman
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
Why Don’t the Media Get the Bailout? Why Don’t the Media Get the Bailout?
There's still plenty of time for the media to get the bailout story right: just start asking, "Who benefits?"
Oct 8, 2008 / Editorial / David Cay Johnston
Spend the Bailout Money on the Middle Class Spend the Bailout Money on the Middle Class
Take a tip from the New Deal: invest that $700 billion in jobs and mortgage aid for those who need it most.
Oct 8, 2008 / Editorial / Howard Zinn
Invest in the Real Economy Invest in the Real Economy
Government can soften the recession's impact by spending money--lots of it--to stimulate the real economy.
Oct 8, 2008 / Editorial / The Editors
Bailout Signals the Election Is Over Bailout Signals the Election Is Over
By approving the bailout, Congress sealed our political fate more firmly than any presidential election.
Oct 8, 2008 / Beat the Devil / Alexander Cockburn
Toxic Loans, Tainted Food Toxic Loans, Tainted Food
As financial markets reel from the US financial crisis and tainted Chinese dairy products are sold around the world, we're learning hard lessons on the limits of globalization.
Oct 7, 2008 / Feature / David E. Gumpert
The Dow’s Decline and Fall The Dow’s Decline and Fall
The Dow falls below 10,000. As deflation destroys wealth and unemployment rises, America braces for tough times ahead.
Oct 6, 2008 / Column / Nicholas von Hoffman