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On AlterNet: financial system

Stories, blog posts, and videos tagged as "financial system"

Why Won't Obama Draw a Line in the Sand and Take on the Wall Street Wrecking Crew?

Why Won't Obama Draw a Line in the Sand and Take on the Wall Street Wrecking Crew?

Frank Rich, The New York Times. October 20, 2009.
We know Obama has good values, but we don't know if he has convictions.

Our Economy Is Going to Keep Tanking Until We Stop Shoveling Billions to Rich People

Our Economy Is Going to Keep Tanking Until We Stop Shoveling Billions to Rich People

Pam Martens, CounterPunch. June 2, 2009.
There's a cycle going on here: if you don't put money in consumers' hands, you get repetitive cycles of layoffs and growing unemployment.

Obama's Economic Plan Is Not Going to Save Us

Obama's Economic Plan Is Not Going to Save Us

William Greider, The Nation. January 22, 2009.
Dire events are going to push Obama toward economic solutions far more fundamental than those he had intended.

Obama's Team Signals It's Taking the Taxpayer Ripoff Route to Saving Our Financial System

Obama's Team Signals It's Taking the Taxpayer Ripoff Route to Saving Our Financial System

Paul Krugman, The New York Times. January 20, 2009.
Obama's team is talking a whole new economic voodoo: the belief that by performing elaborate financial rituals we can keep dead banks walking.

The End of the Financial World as We Know It

The End of the Financial World as We Know It

Michael Lewis, David Einhorn, The New York Times. January 6, 2009.
American capitalism is in a state of pure madness -- here's how we can bring the financial system to a saner place.