2008

• Foreclosure Crisis Hits Home

  American News Project

  A glimpse at an increasingly common, but rarely documented, tragedy: someone being evicted from their home because of foreclosure.

• Detroit's Auto da Fé

  Nicholas von Hoffman : Labor

  In the auto industry's latest trial by fire, Senate Republicans lit the match--and what's left of the economy could go down in flames.

• How Hedge Funds and Private Equity Hurt Us

  Nicholas von Hoffman

  College endowments and workers bear the brunt of hedge fund managers' gambles and private equity takeovers.

• 

  Stimulus From Below

  The Editors

  If the economy continues to deteriorate, the poor won't just always be with us--they'll be us.

• Socialism for the Rich

  Robert Scheer

  Two presidents named Bush--aided by Bill Clinton--brought corporate socialism to America. Getting out of the mess they make requires much more than bailouts.

• 

  Radio Nation with Laura Flanders

  Radio Nation

  Can the people who broke the banking system fix it? And is there a way taxpayers could save Motor City while making it green?

• The Right Stimulus

  VideoNation

  Nation Editor Katrina vanden Heuvel discusses strategies for Obama to rebuild the public infrastructure and rethink the stimulus package so Wall Street isn't the only recipient.

• Trading Partners

  John Nichols : US Foreign Policy

  Xavier Becerra, Obama's pick for US trade representative, could bring the change working people here and abroad can believe in.

• Barack Obama, Feminist in Chief?

  Katha Pollitt : Feminism & Women

  Obama should make gender equality a keystone of his presidency--and the economic stimulus is a great place to start.

• Shibboleth!

  Alexander Cockburn : India

  Why is it so hard for lawmakers, media and moguls to take moral responsibility?

• 

  Imagining a New New Deal

  Radio Nation

  Howard Zinn, Frances Moore Lappe, Andrea Batista Schlesinger, Eric Schlosser and...FDR himself weigh in on the troubled economy.

• State Banks Could Solve Financial Crisis

  Nicholas von Hoffman : Banks & Banking

  Forget big bailouts. The fed should finance non-profit state banks like the Bank of North Dakota--no profit means no reason for bankers to misbehave--to get real money to real people in the real economy.

• Return of the Wall Street Hustlers

  Robert Scheer : Banks & Banking

  Obama, who promised change, has put the same old Wall Street hustlers on his economic team. Maybe he could send us an e-mail to explain.

• 

  Bonfire of the Vanities

  William Greider

  Timothy Geithner is responsible for much of the generous deal-making now underway with Wall Street. If Obama's not careful, he will be blamed.

• Stimulus Now

  The Editors : Barack Obama Administration

  On Day One, Congress must present Obama with a bold stimulus plan focused on putting people to work, rebuilding infrastructure and expanding the productive capacity of the economy.

• Spreading the Wealth

  Mark Engler : Gap Between Wealth & Poverty

  Amid the ruins of a new gilded age, the devalued and depressed American people are ready to demand more.

• 

  The House Folds

  Max Fraser : Ethical Economics

  Without a commitment to affordable housing for all, the ownership society remains a myth for many Americans.

• Past and Future

  William Greider : Barack Obama Administration

  Obama's too smart to allow the ideas of the past to define his presidency. Yet Timothy Geithner is an architect and enabler of the unfolding crisis.

• Obama Faces Deflation Risk

  Nicholas von Hoffman : Barack Obama Administration

  Wall Street was buoyed by the appointment of Timothy Geithner as Treasury Secretary. But that can't offset worries that deflation will compound our economic woes.

• Time for a Bank Holiday

  William Greider : Banks & Banking

  No more free money from Washington. No more masters of the universe. No more business as usual.

• Nail That Double Standard to the Mast!

  Alexander Cockburn : Labor

  If America loses its domestic auto industry, 5 percent of the workforce may be on the street. Don't workers need a bailout, too?

• Change We Can Bank On

  Robert Scheer : Barack Obama Administration

  Reject the old-boy network whose sexism, stupidity and greed helped drive our current financial crisis. How about Sheila Bair for Treasury Secretary?

• Why We Shouldn't Save GM

  Nicholas von Hoffman : General Motors

  The bailout should be used to expand unemployment compensation instead of propping up a single, failing corporation.

• Paulson Plays While We Pay

  Nicholas von Hoffman

  A little under $300 billion of the $700 billion bailout has been invested, loaned out or lost. And as long as Henry Paulson's in charge, we won't know where it went.

• In Praise of a Rocky Transition

  Naomi Klein : Barack Obama Administration

  Every sweetheart deal the Bush administration makes threatens to hobble Obama's ability to deliver on his promise of change.