Auto Bailout: Lemon or Lemonade?
Will the bailout of the Big Three automakers — General Motors, Ford, and Chrysler — refresh the auto industry or further sour the...
Sectors
Fed Announces Another $800 Billion in Bailout Funding
The Bush administration and the Federal Reserve announced on November 25 almost $800 billion...
Federal Reserve Loaned Nearly $2 Trillion
By now everyone knows that Congress and the White House approved an enormous $700-plus...
Showdown Looms Over Auto Bailout Plan
The pleading for a financial bailout of the U.S. auto industry is becoming more...
Auto Sales Drop; Detroit Faces “Carnage”
It's no surprise that U.S. automakers are in trouble. Facing massive costs for health...
White House to Banks: “Lend More Money”
On October 28, as the Treasury Department announced a series of steps to begin...
A.I.G. Burning Through Bailout Loan
The American International Group is burning through its $123 billion bailout loan quickly. According...
Companies Line Up for Bailout Bucks
With the federal government doling out $700 billion of Americans' hard-earned money under the...
Fed Will Pump Another $540 Billion Into Economy
In its latest desperate move to head off the inevitable recession, the Federal Reserve...
Nationalization of Banks Begins
In what is unabashedly being called a "partial nationalization" of the U.S. banking industry,...
GM May Face Bankruptcy
Triple-digit losses on the Dow are becoming a commonplace, but there are now ominous...
“Bailout” Really About Nationalizing U.S. Financial Sector
As the financial crisis continues, the Bush administration, led by Treasury Secretary Henry Paulson,...
Power Brokers 1, Constituents 0 on Bailout
"Madame Speaker, only in Washington could a bill demonstrably worse than its predecessor be...
McCain & Obama Vs. Ron Paul on Bailout
Two days after the House rejected the mammoth $700 billion bailout bill, the Senate...
House Responds to Public Pressure, Defeats Bailout Bill
In a stunning defeat to the financial powers that be, the U.S. House of...
Bush, Paulson, Bernanke Not Trustworthy on Economy
These days President Bush and the managers of our monetary policy sound like prophets...
WaMu Bank Failure Is Largest in U.S. History
The Federal Deposit Insurance Corp. seized Washington Mutual Inc. (also known as WaMu bank)...
Call Ron Paul Correct About the Economy
A year ago, Congressman Ron Paul was just beginning to turn heads on the...
Government Bailout
The government bailout of Fannie Mae and Freddie Mac will continue the downward spiral...
Fed Takes Over AIG
As the deepening financial crisis worsened yesterday, the Federal Reserve sought socialism as a...