Hello! You are part of a community of millions who seek out Democracy Now! for ad-free daily news you can trust. Maybe you come for our daily headlines. Maybe you come for our in-depth stories that expose corporate and government abuses of power and lift up the voices of ordinary people working to make change in extraordinary times. We produce all of this news at a fraction of the budget of a commercial news operation. We do this without ads, government funding or corporate sponsorship. How? This model of news depends on support from viewers and listeners like you. Today, less than 1% of our visitors support Democracy Now! with a donation each year. If even 3% of our website visitors donated just $12 per month, we could cover our basic operating expenses for a year. Pretty amazing right? If you visit us daily or weekly or even just once a month, now is a great time to make a monthly contribution.

Your Donation: $

Financial Meltdown Topics

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

Newest First | Oldest First
  • Debt_button
    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...
    July 28, 2011 | Story
  • Column_default
    Military contract whistleblower Bunny Greenhouse’s legal win is welcome, but U.S. taxpayers are out $5 trillion for the wars of Bush and Obama. Why isn’t war a central issue in the U.S. debt talks?
    July 27, 2011 | Columns & Articles
  • Jaisulthumb2
    As Congress considers spending cuts to reduce the deficit, critics warn that reduced education, healthcare and other social services will disproportionally impact low-income communities of color. This is the case in New York City, where a high school that provides drug treatment to former gang members is being closed as part of an effort to trim the state budget. [includes rush transcript]
    July 22, 2011 | Web Exclusive
  • Us_debt
    President Obama and Republican House Speaker John Boehner are allegedly close to a $3 trillion deficit-reduction package as part of a deal to raise the federal debt ceiling before an Aug. 2 deadline. But the deal is coming under fire from both congressional Democrats and Republicans. Part of it calls for lowering personal and corporate income tax rates, while eliminating or reducing an array of popular tax breaks, such as the deduction for...
    July 22, 2011 | Story
  • New_nader_obama
    As negotiations continue on a debt deal, we ask longtime consumer advocate Ralph Nader for his solution. Nader says, “Now we have the situation with the deficit and the debt and spending and jobs. And it’s not that difficult to get out of it. The first thing you do is you get rid of corporate welfare. That’s hundreds of billions of dollars a year. The second is you tax corporations so that they don’t get away with no...
    July 19, 2011 | Story
  • Greek_uk_protest
    More than 750,000 British public sector workers staged a 24-hour strike Thursday in a standoff with the government’s plans to reform public sector pensions. The reforms come as the government tries to trim its deficit and would require public workers to work longer, pay more toward their pension, and receive less upon retirement. Meanwhile, in Greece, thousands of workers staged a 48-hour strike, and many took to the streets after the...
    July 01, 2011 | Story
  • Greece
    As our broadcast went to air, lawmakers in Greece were voting on — and later approved — a new round of sweeping austerity measures amidst a general strike that’s brought tens of thousands into the streets. Riot police have fired volleys of tear gas, smoke bombs and stun grenades in a bid to clear the masses of Greek protesters surrounding the parliament in Athens. The chaotic standoff began Tuesday when police stormed the adjacent Syntagma...
    June 29, 2011 | Story
  • Weisbrot
    The Greek parliament was set to approve a $40 billion package of spending cuts, tax increases and privatizations as a condition for a massive bailout to avert the eurozone’s first default. Without a new plan in place, the European Union and International Monetary Fund said they would withhold 12 billion euros of loans, which Greece needs to repay debts due in mid-July. Meanwhile, French Finance Minister Christine Lagarde has been named the new...
    June 29, 2011 | Story
  • In New York City, activists are camping out near City Hall to protest budget cuts and layoffs. They’ve dubbed the encampment "Bloombergville."
    June 24, 2011 | Web Exclusive
  • Button_4
    The City of Orlando, the home of Disney World in Florida, is being sued in court today over a city law that has effectively made it illegal for any group to feed more than 25 people at a time in downtown parks without a permit. It also limits groups to no more than two permits per park, per year. The group Food Not Bombs has refused to obey the new law—saying food is a right, not a privilege—and has continued to serve free meals to the poor...
    June 24, 2011 | Story