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Posts Tagged ‘Economic Crisis’

Bernanke Calls On Congress To Help The Economy — For At Least The Fourth Time In Five Months Huff Post William Alden & Shahien Nasiripour First Posted: 11-20-10 09:01 AM   |   Updated: 11-20-10 01:55 PM NEW YORK — For at least the fourth time since June, Federal Reserve Chairman Ben Bernanke publicly urged Congress to combat the [...]

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Economists See Increased Chance Of Double-Dip Recession Huffington Post |  Ryan McCarthy First Posted: 08-16-10 01:19 PM   |   Updated: 08-16-10 01:51 PM Buried amidst the increasingly gloomy economic news of the last few weeks — which includes stubbornly high unemployment, rising foreclosures and a grim outlook from the Fed, among other factors — is a growing sense of [...]

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Exxon Valdez: How That Disaster Destroyed The Economy 20 Years Later Huff Post- Jason Linkins First Posted: 06- 8-10 05:55 PM   |   Updated: 06- 8-10 09:36 PM Hopefully, by now, you’ve already read the oil spill apocalypse pieces penned by our own Ryan Grim — who documented “BP’s Long History Of Destroying The World” — and Sam [...]

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It only makes sense that a party currently being wagged by fringe crazy people like Glenn Beck, Rush Limbaugh and Michele Bachmann would release its alternative budget on April Fools’ Day. Not only does the Republican plan freeze discretionary spending for five years in the midst of a recession which, by most accounts and proved [...]

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This Crisis Is Way Bigger Than Dead Banks and Wall Street Bailouts By James Galbraith, Washington Monthly. Posted March 23, 2009. Why the economic crisis, and its solution, are bigger than anyone has so far admitted. Barack Obama’s presidency began in hope and goodwill, but its test will be its success or failure on the [...]

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Cities Deal With Surge In Shantytowns HuffPo/New York Times |  JESSE McKINLEY   |   03/25/09 New York Times: FRESNO, Calif. — As the operations manager of a outreach center for the homeless here, Paul Stack is used to seeing people down on their luck. What he had never seen before was people living in tents and lean-tos [...]

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Download | Play Download | Play Cheney has a ready excuse for the economic debacle: ‘Stuff happens’ Crooks and Liars- By David Neiwert Sunday Mar 15, 2009 5:00pm Interviewed by John King on CNN’s State of the Union this weekend, former vice president Henry F. Potter Dick Cheney wasn’t really able to tell us why [...]

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McConnell Bumbles When Asked For GOP Alternative To Obama’s Budget: We’re ‘Getting Down In The Weeds’ Think Progress- By Amanda Terkel at 12:00 pm Since President Obama unveiled his budget last month, Republicans have been relentlessly attacking his comprehensive proposals. Last week, Rep. Eric Cantor (R-VA) said that Obama “should be focusing on the ‘economic [...]

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Vanden Huevel rips Rove: ‘It’s laughable for you to talk about fiscal responsibility.’ Think Progress- By Satyam Khanna at 2:17 pm Today on ABC’s This Week, Karl Rove slammed the cost of President Obama’s new budget. The Nation’s Katrina Vanden Heuvel quickly fired back at Rove’s newly-discovered sense of fiscal responsibility, observing that Rove and [...]

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After nearly three decades of Reaganomics in which the wealthiest two percent of Americans have grown exponentially wealthier while middle class wages have remained stagnant, a growing faction of super rich Americans is seriously pissed off — and their Wingnut Revolution is upon us. Sure, the interests and influence of the wealthiest two percent make [...]

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