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Stories by Danny Schechter

Danny Schechter writes the News Dissector blog for MediaChannel.org. His latest book is PLUNDER: Investigating Our Economic Calamity (Cosimo Books).

Obama's Economic Reforms Should Re-structure the System -- Not Just Reform It

We're dealing with a political elite that is more Clintonesque than Rooseveltesque. Will meaningful change be possible?
Posted on Jun 22, 2009

Wall Street's Scams, Lies and Frauds

There seems to be a lack of curiosity about the costly frauds that flushed our economy down the toilet.
Posted on May 26, 2009

Credit Card Companies Fight Reform

Will the U.S. Senate pass long-needed reforms of credit card abuses?
Posted on May 11, 2009

The Financial Crisis Pushes Europe to the Brink of Disaster

What is happening there will make things worse for us here.
Posted on Mar 12, 2009

As New Scammers Emerge, Is It 'Jailout' Time Yet?

Why haven't we seen punishment for those corporations that "recklessly sliced and diced all this debt into worthless gambling chips."
Posted on Feb 24, 2009

PBS Screws Up Report on Financial Crisis

At a time when we need hard-hitting investigations into our financial catastrophe, we are getting superficial reporting -- even on PBS.
Posted on Feb 21, 2009

Politicians Rehash Economic Cliches as Crisis Spirals Out of Control

Sooner rather than later, we'll learn that "reformism" does not rise to the challenge of the current crisis.
Posted on Jan 31, 2009

Will the Obama Generation Merge With the Protest Culture of MLK or Strike Its Own Path?

There is a complicated tension between civil rights leaders from MLK's era and President-elect Obama about how change can be made.
Posted on Jan 19, 2009

Inaugurate This: Let's Celebrate the Grassroots That Sent Obama to the White House

To discover who will make change once Obama takes office, supporters need to look in the mirror.
Posted on Jan 17, 2009

A $50 Billion Con Job Rocks Wall Street

Outlaws used to rob banks; now banks rob us. Meet the new poster boy for Wall Street excess and larceny.
Posted on Dec 24, 2008

All the Talk of a Depression Is ... Depressing

The Democrats have always sung "happy days are here again," but it doesn't seem to be the right song for these hard times.
Posted on Nov 26, 2008

5 Reasons Why Wall Street's Bailout Won't Work

Markets are volatile and trending down while banks are still not lending despite frequent projections of massive unemployment and stagflation.
Posted on Oct 28, 2008

Bush Might Be Right That 'This Sucker Could Go Down'

Missing in our media coverage is a sense of what's really behind this mess -- a debt we cannot manage or wish away.
Posted on Sep 26, 2008

What's the Government's Shadowy "Plunge Protection Team" Doing as Lehman Tanks?

Congress and the press have to investigate this secretive "working group."
Posted on Sep 15, 2008

Credit Card Debt: This Popping Bubble Is Really Going to Hurt

While everyone's watching the housing meltdown, few are paying attention to the next bubble expected to burst: credit cards
Posted on Aug 12, 2008

Are We Facing Just Another Market Problem or a System Collapse?

Even as foreclosures double, and the price of gas and food rises sharply, it's been business as usual in newspapers and in Washington.
Posted on Jul 28, 2008

As Housing Implodes, U.S. Is at an Economic Tipping Point

Instead of having a light at the end of the tunnel, we have another train. Brace yourselves for a wreck.
Posted on Jul 17, 2008

America's Debt Complex: FBI Finally Cracks Down on Mortgage Crime Wave

With trillions already lost, is the FBI's action too little too late?
Posted on Jun 24, 2008

Is Who Becomes the Next President All That Matters?

In many ways, Mao was right: The occupant of the oval office is a paper tiger.
Posted on May 14, 2008

Will the Mortgage Industry Pay for Its Crimes?

Borrowers are being crushed under the credit crisis. Someone needs to pay.
Posted on May 9, 2008

Fed Up: The Bush-Paulson Financial Reform Plan Is a Bogus Scheme

Suddenly, it's been discovered that the financial system is on the verge of collapse. Solution? Dump the problem in someone else's lap.
Posted on Mar 31, 2008

Subprime Is Really SubCRIME: America's Deeper Financial Crisis

Policy proposals are not enough to save the economy. Candidates, take note.
Posted on Feb 21, 2008

Greedy Bank of America Engineers "Fake Rescue" in Sub-Prime Fire Sale

Bank of America bought out Countrywide Home Loan to avoid harming its other ambitious and often avaricious strategies.
Posted on Jan 15, 2008

Our Economic Crisis Must Become the Top Political Issue in 2008

So far, none of the debates are focusing on solutions for the growing economic squeeze.
Posted on Jan 11, 2008

The Lending Crisis Is Becoming a Poltical Battleground

America's confidence is eroding because our brand of unregulated capitalism is increasingly not working for them.
Posted on Dec 3, 2007

The Holiday's Shopping Season Can't Stop the Coming 'Severe Recession'

The media is complicit in "shop-apocalypse," as consumers go wild in a shaky economy.
Posted on Nov 24, 2007

Fox (Pro) Business News Is the Latest Insult to Your Intelligence

How will Fox's new business channel's vigorous pro-business attitude fare during a time when pessimism about the U.S. economy is so high?
Posted on Oct 17, 2007

Shock Therapy on Wall Street: What's Next?

The debt crisis is more significant than most people think, and is causing panic in high places.
Posted on Sep 26, 2007

Subprime or Subcrime? Time To Investigate and Prosecute

The "subprime" credit crunch is really a sub-crime ponzi scheme in which millions of people are losing their homes because of criminal tactics by financial institutions.
Posted on Aug 10, 2007

Is Al Jazeera about to Become Al-Foxeera?

Sources inside Al Jazeera confirm that there is an internal struggle underway that may dilute Al Jazeera's independence and steer it in a more pro-western, pro-US direction.
Posted on Jun 8, 2007

How True Are the Confessions of a Terror Mastermind?

Just as a scandal in the Justice Department has the Bush Administration reeling, al Qaeda's #3 operative has admitted to killing U.S. journalist Daniel Pearl. So, what can we believe?
Posted on Mar 20, 2007

Hollywood Keeps Dissing Documentaries at the Oscars

Self-satisfied movie moguls keep dissing documentaries at the Oscar ceremonies, doing a great disservice to our political culture and democracy.
Posted on Mar 5, 2007

The U.S. and China: Is a Trade War Coming?

China may be violating trade agreements, but the savings-poor U.S. lacks the power to do anything about it.
Posted on Dec 13, 2006

Media Crimes Lead to War Crimes

The media's acceptance of the Haditha 'mistake' makes it an accessory to the crime.
Posted on Jun 1, 2006

Political Amnesia Is the Enemy

No wonder some studies find that news viewers rapidly forget what they have just seen -- that's the intention.
Posted on May 27, 2006

All Hail the Surveillance State

The attempt by Big Telco to control the internet makes the spy scandal a mere misdemeanor.
Posted on May 16, 2006

Fake News Is No Joke

Concealed ads posing as news is bad; even worse is the daily drivel that passes for 'real' news.
Posted on Apr 12, 2006

Spin vs. Truth in Iraq

As the three-year milestone passes in Iraq, poor media coverage marches on.
Posted on Mar 22, 2006

Tinseltown's Progressive Turn

Yes, moviemaking is as much about marketing as messages. But Sunday's Oscars confirmed that even celebrities (sometimes) care about causes.
Posted on Mar 8, 2006

After Alito: What Now?

If we had better media, we would not be facing Bush's takeover of the Supreme Court.
Posted on Jan 16, 2006

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