AltWeeklies Wire

John McCain and Friendsnew

While it may seem like he really doesn't know much about the economy, McCain knows who his real friends are. And considering the Republicans are planning on giving away all this money to those failed Wall Street lenders -- and nothing directly to help the people who are in trouble -- we can pretty well guess who those friends are.
Pasadena Weekly  |  Kevin Uhrich  |  09-29-2008  |  Commentary

Thomas Frank on McCain, the Wall Street Mess, and Voter Fraudnew

"These Republicans have acted for years as though markets work fine unregulated," Frank says. "But what you get is incredible rip-offs."
Shepherd Express  |  Roger Bybee  |  09-26-2008  |  Author Profiles & Interviews

Reaganomics Meets the GOP-Bolshevik Statenew

The cratering economy has not only consigned free market voodoo economic theory to the dustbin of history, as Leon Trotsky would say, but has also transformed the GOP into the modern incarnation of the Bolsheviks.
L.A. Weekly  |  Marc Cooper  |  09-26-2008  |  Commentary

John McCain's 'Old Boys' Network' is Well-Connectednew

On the campaign trail, McCain has been promising to take on the "old boys' network," first in Washington, and now on Wall Street. But as Obama countered, that would be like calling a "staff meeting" of McCain's campaign. Indeed.
Shepherd Express  |  Lisa Kaiser  |  09-26-2008  |  Commentary

Crude: How Wall Street is Screwing Americanew

While it is clear that our economy is in deep trouble, there's one part of the puzzle that still lies in a place as murky as the water surrounding the refineries in the Gulf of Mexico: the Wall Street-Oil connection.
Long Island Press  |  Jed Morey  |  09-25-2008  |  Economy

Dude, Where's My Bailout?new

The newspaper biz could use some government help too. An open letter to Treasury Secretary Henry Paulson.
New Haven Advocate  |  Andy Bromage  |  09-25-2008  |  Economy

Dean Baker: No Blank Check for Wall Streetnew

Done properly, Baker says, the $700 billion "bailout" of Wall Street and the big banks shouldn’t cost the taxpayers a dime. "My view," the progressive economist told the Indy following a speech in Raleigh, "is that [the bailout] is necessary, but if it's structured right, we're not giving the banks anything. We're keeping the banks functioning, and that's in the public interest."
INDY Week  |  Bob Geary  |  09-25-2008  |  Economy

Walking the Tricky Tightrope: How Can We Solve the Economic Crisis?

Forests are restored by fire, and so are markets. In a real market, I'd be inclined to say we should let it burn. What grows up to replace the old forest is always healthier. But thanks to greed and mismanagement, ours has clearly become a fake, faith-based market. So we're left to attempt to bring our economy in for a soft landing, hopefully enabling the kind of fresh start we need without endangering people's money.
The Inlander  |  Ted S. McGregor Jr.  |  09-24-2008  |  Commentary

Comrade Bush Nationalizes the Banksnew

The panicky flight from free-market orthodoxy in the United States is bound to fuel a revival of government intervention and welfare-state policies in the rest of the world. In the United States itself, however, they are likely to hang the wrong culprit in the end.
The Georgia Straight  |  Gwynne Dyer  |  09-24-2008  |  Economy

Save People, Not Bankers

Bailouts go to bankers. Why not help homeowners facing foreclosure instead?
Maui Time  |  Ted Rall  |  09-23-2008  |  Economy

How McCain's Economic Advisor, and Bill Clinton's, Screwed the Economynew

What we're experiencing is not just one of those occasional stock market swoons or interest-rate tangos. What's going on now is a calamity of the sort not seen since the dark days of 1929.
Artvoice  |  Bruce Fisher  |  09-22-2008  |  Economy

Economic Meltdown Helps Set the Presidential Campaign on the Right Coursenew

Our bet (and certainly our hope) is that the ever-worsening economic crisis will force American voters, afflicted directly in the pocketbook, to look away from the Disney-like scenarios which have dominated political coverage since the two national political conventions and dare to look the abyss in the face.
The Memphis Flyer  |  Editorial  |  09-19-2008  |  Commentary

Lehman Brothers Calls McCain's Bluffnew

Lehman goes bust. Merrill Lynch sells out. Freddie and Fannie had to be nationalized. WaMu teeters. Wall Street plummets down a black hole. And the entire global economy braces for a prolonged plunge. Somehow I just don't think that the national conversation is going to turn back to the merits or demerits of porcine makeup.
L.A. Weekly  |  Marc Cooper  |  09-19-2008  |  Commentary

Wall Street Meets the Presidential Campaignsnew

Wall Street's meltdown is more dangerous than realized. McCain is clueless, but does Obama recognize the root of the problem?
Boston Phoenix  |  Editorial  |  09-18-2008  |  Commentary

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