Economy Topics

Democracy Now! stories, posts and pages that relate to Economy

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  • Acornweb
    A federal judge has reaffirmed her earlier ruling blocking the congressional effort to defund the anti-poverty group ACORN. On Wednesday, Judge Nina Gershon cemented a decision from last year that such action amounted to an unconstitutional “bill of attainder.” Judge Gershon has asked all federal agencies to allow ACORN funding without delay. We speak with National Housing Institute president John Atlas, author of Seeds of Change: The Story of...
    March 12, 2010 | Story
  • Amy-stiglitz
    As President Obama defends the success of his one-year-old $787 billion stimulus package, we speak to Nobel Prize-winning economist Joseph Stiglitz, who says the stimulus was both not big enough and too focused on tax cuts. Stiglitz is the author of the new book Freefall: America, Free Markets, and the Sinking of the World Economy, which analyzes the causes of the Great Recession of 2008 and calls for overcoming what he calls an "ersatz...
    February 18, 2010 | Story
  • Sotu_web2
    President Obama delivered his first State of the Union address Wednesday night. A full two-thirds of the President’s seventy-minute address was devoted to the economy, the central theme of which was job creation. We get response from MIT professor Noam Chomsky and journalist and author Naomi Klein. [includes rush transcript]
    January 28, 2010 | Story
  • Moveyourmoney-dn
    Economist Robert Johnson, columnist Arianna Huffington and filmmaker Eugene Jarecki, among others, have come up with a new proposal that would allow ordinary people in this country to channel their anger over the Wall Street bailout while also helping invigorate community banking. We speak with Rob Johnson about Move Your Money. [includes rush transcript]
    January 04, 2010 | Story
  • Santa-clausweb
    As 2009 comes to a close, we take a look at the state of the US economy with economist Dean Baker and the Reverend Jesse Jackson. "After throwing the economy into the worst downturn since the Great Depression and bringing the whole sector to the edge of collapse, the financial industry has used its political power to succor itself back to life," Baker writes. "It is now stronger than ever." [includes rush transcript]
    December 30, 2009 | Story
  • Spitzer-democracynow
    In an extended interview, we speak with former New York governor Eliot Spitzer about the financial crisis and how it was handled by Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner. Bernanke and Geithner "actually built and participated in creating the structure that now has collapsed," Spitzer says and calls on them to be replaced. Spitzer also talks about the scandal that erupted last year that forced...
    December 04, 2009 | Story
  • Credit-web
    We take a look at how the consumer loan industry continues to squeeze customers. Last year the Federal Reserve Board announced new rules for banks to remove unfair credit card practices, and in May of this year Congress passed the Credit Card Accountability, Responsibility and Disclosure Act of 2009. In a joint FRONTLINE/New York Times investigation, The Card Game, longtime investigative journalist and FRONTLINE correspondent Lowell Bergman...
    November 18, 2009 | Story
  • Blackweb
    The Dow Jones Industrial Average has topped 10,000 for the first time in a year, as JPMorgan Chase reported massive profits in the third quarter. Meanwhile, the Wall Street Journal is reporting that major US banks and securities firms are on pace to pay their employees about $140 billion this year — a record high. But on Main Street, foreclosures are also at record levels, and the official unemployment rate is expected to top ten...
    October 15, 2009 | Story
  • Clark2-web
    A new study by the Brennan Center for Justice concludes the national foreclosure crisis is also "a legal crisis. Many homeowners are losing their homes because they lack the ability to navigate the landscape of our lending laws...and too few people are ever able to obtain qualified legal guidance." We speak to report co-author and attorney Melanca Clark. [includes rush transcript]
    October 09, 2009 | Story
  • Rev-billy-web
    As leaders of the world’s richest nations gathered in Pittsburgh for the G-20 summit, thousands took to the streets in protest amidst a heavy police crackdown. Heavily armed riot police were out in force and used tear gas, stun grenades, smoke canisters and sound cannons, which direct extremely loud shrill sounds. Democracy Now! producer Steve Martinez files a report from the streets of Pittsburgh. [includes rush transcript]
    September 28, 2009 | Story