A new report on the 2008 financial crisis reveals some shocking numbers that dramatically exceed the $700 billion TARP bailout
As in all such cases, NATO has opened an “investigation” into what happened. The results of such investigations seldom become known.
Street vending has been a path out of poverty for Americans. And like other such paths (say, driving a taxi), this one is increasingly difficult to navigate. Why? Because entrenched interests don't like competition. So they lobby their powerful friends to erect high hurdles to upstarts. It's an old story.
Zach was raised by a gay couple. This is what happens when the State involves itself in religious institutions.
Two shocking scandals. Two esteemed universities. Two disgraced university leaders. One stunning connection. Over the last month, we’ve seen Penn State University President Graham Spanier dismissed from his duties and we’ve seen UC Davis Chancellor Linda Katehi pushed to the brink of resignation. Spanier was jettisoned because of what appears to be a systematic cover-up…
The Fed is behaving much as it did during the 2008 financial crisis, only this time instead of bailing out politically well-connected too-big-to-fail firms it is bailing out profligate government spending.
Stewart rips into the pigs.
You can either be in the Ron Paul tradition and say there's nothing wrong with heroin and cocaine or you can be in the tradition that says, 'These kind of addictive drugs are terrible, they deprive you of full citizenship and they lead you to a dependency which is antithetical to being an American.' If…
The Occupy Wall Street movement expresses valid frustrations, but do the protesters aim their accusations in the wrong direction?
For those with the stomach for what is the highest form of crony capitalism writ large and explained in its clearest and most egregious manner yet, the article also has an interactive chart of the banks' profit-gains direct from the Fed's bailouts during this period. Dean Baker's quote from the article perhaps sums up our…