Jeremy Scahill, author of Dirty Wars, interviewed by Democracy Now!'s Amy Goodman & Juan González

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Financial Meltdown Topics

Democracy Now! stories, posts and pages that relate to Financial Meltdown

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  • Candidates_web

    Noam Chomsky: 2012 GOP Candidates Views are "Off the International Spectrum of Sane Behavior"

    MIT Professor Emeritus Noam Chomsky discusses the position of the Republican presidential candidates on issues such as climate change and calls them "utterly outlandish." "I’m not a great enthusiast for Obama, as you know, from way back, but at least he’s somewhere in the real world," Chomsky says. "Perry, who’s very likely … to win the primary and win the nomination, and maybe to win the election,...
    Sep 19, 2011 | Story
  • Sec_button

    Covering Up Wall Street Crimes: Matt Taibbi Exposes How SEC Shredded Thousands of Investigations

    An explosive new report in Rolling Stone magazine exposes how the U.S. Securities and Exchange Commission destroyed records of thousands of investigations, whitewashing the files of some of the nation’s largest banks and hedge funds, including AIG, Wells Fargo, Lehman Brothers, Goldman Sachs, Bank of America and top Wall Street broker Bernard Madoff. Last week, Republican Sen. Chuck Grassley of Iowa said an agency whistleblower had sent...
    Aug 23, 2011 | Story
  • Tigertrap_button

    As Biden Visits China, Author David Wise on "Tiger Trap: America’s Secret Spy War with China"

    Vice President Joe Biden arrived in China yesterday to begin a five-day trip aimed at reassuring leaders there of the stability of the U.S. economy and to begin building a relationship with that country’s most likely next president, Xi Jinping. The visit to the largest foreign creditor to the United States falls right after the downgrade of the U.S. credit rating by Standard & Poor’s, and just days after the Financial Times reported...
    Aug 18, 2011 | Story
  • Play_debt

    Bipartisan "Super Committee" Turns to Cutting Deficit with "Extraordinary" Powers

    The bipartisan "super committee" tasked with finding a way out of the U.S. debt crisis has been established, but what can we expect? On Thursday, House Democratic leader Nancy Pelosi named the final three members to the 12-person panel, split evenly between Democrats and Republicans. They will have until November 3 to recommend a plan to cut $1.5 trillion from the deficit over 10 years. We speak with Robert Borosage, founder and president...
    Aug 12, 2011 | Story
  • London_riots_button

    Over 1,000 Arrested in U.K. as Anger over Inequality, Racism Boils Over into "Insurrection"

    Unrest continues to spread across England after protests erupted Saturday in London when police shot to death Mark Duggan, a 29-year-old black man. Mobs firebombed police stations and set shops on fire in London, Manchester, Salford, Liverpool, Nottingham and Birmingham. After waiting for several days, Prime Minister David Cameron has cut short his vacation and recalled Parliament from summer recess. Scotland Yard has ordered its officers to deploy...
    Aug 10, 2011 | Story
  • Play_rep_edwards

    Rep. Donna Edwards on Why She Voted Against Debt Deal: “A Bad Framework for the Future”

    President Obama has signed legislation to increase the U.S. debt ceiling in time to avoid a national default. The $2.1 trillion deficit-reduction plan cleared its final hurdle in the Senate yesterday, passing with a 74-to-26 vote. Six Democrats and 19 Republicans opposed the measure. Members of the Progressive Caucus and the Congressional Black Caucus rejected the deal because of its massive cuts to domestic spending and a lack of tax increases...
    Aug 03, 2011 | Story
  • Play_jobs-economy

    Economist Dean Baker Predicts A "Really Bad Deal or No Deal" from Deficit "Super Committee"

    President Barack Obama welcomed the deficit deal as "an important first step" and urged both parties to work together on a larger plan to cut the deficit. The deal includes no new tax revenue from wealthy Americans and no additional stimulus for the lagging economy. It has a provision to create a joint committee of 12 legislators charged with finding $1.5 trillion in deficit cuts. The committee must hold its first meeting in 45 days...
    Aug 03, 2011 | Story

  • "War, Debt and the President." By Amy Goodman

    President Barack Obama touted his debt ceiling deal Tuesday, saying, “We can’t balance the budget on the backs of the very people who have borne the biggest brunt of this recession.” Yet that is what he and his coterie of Wall Street advisers have done.
    Aug 02, 2011 | Columns & Articles
  • Us_debt_vote_button

    After Months of Partisan Wrangling, Wall Street & Pentagon Emerge Victorious on Debt Deal

    After months of a bitterly partisan stalemate, the U.S. House of Representatives has voted 269 to 161 in favor of raising the federal borrowing limit and avoiding a default on the national debt. The final count showed 174 Republican ayes, with Democrats split evenly—95 on each side. The vote came just hours before a Department of Treasury deadline that potentially would have seen the United States run out of cash and default for the first time...
    Aug 02, 2011 | Story
  • Debt_button

    Richard Wolff: Debt Showdown is "Political Theater" Burdening Society's Most Vulnerable

    Republicans have agreed to a vote today on a budget plan they say will cut the deficit $917 billion over 10 years. The move sets the stage for a showdown against unified Democratic opposition in the Senate and threats of a White House veto. To discuss the debt talks and economic austerity worldwide, we’re joined by Richard Wolff, Emeritus Professor of Economics at University of Massachusetts Amherst and author of several books, including...
    Jul 28, 2011 | Story