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Financial Meltdown Topics

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

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  • Hacker
    On Capitol Hill, Senate Republicans are threatening to filibuster every bill until the Democrats agree to extend the Bush-era tax cuts to all income groups. The Obama administration and many Democrats want to retain the lower rates only for individuals with an annual income of $200,000 or less and married couples earning no more than $250,000 a year. We speak with Jacob Hacker, Yale University professor and co-author of the new book, ...
    December 02, 2010 | Story
  • Maxneef
    We speak with the acclaimed Chilean economist, Manfred Max-Neef. He won the Right Livelihood Award in 1983, two years after the publication of his book Outside Looking In: Experiences in Barefoot Economics. "Economists study and analyze poverty in their nice offices, have all the statistics, make all the models, and are convinced that they know everything that you can know about poverty. But they don’t understand poverty," Max-Neef...
    November 26, 2010 | Story
  • Joe_nocera
    As federal agents raid the offices of three major hedge funds amidst news of a sweeping probe of insider trading at Wall Street firms, we speak with New York Times business columnist Joe Nocera about his new book All the Devils Are Here: The Hidden History of the Financial Crisis. The book describes how most of the underlying structures and key players behind the financial crisis have emerged relatively unscathed. [includes rush transcript]
    November 23, 2010 | Story
  • 1chang
    Korean-born economist Ha-Joon Chang teaches economics at the University of Cambridge and is the author of the forthcoming book, 23 Things They Don’t Tell You about Capitalism. " [Obama] has to buy time to restructure the economy without creating a recession by sustaining this deficit spending, because otherwise our other option is going back to the 1930s," Chang says. "Don’t forget that in the 1930s a lot of countries started...
    November 19, 2010 | Story
  • Obama-milwaukee
    It’s the economy, stupid. As President Obama faces devastating unemployment, foreclosure and bankruptcy rates, with no end in sight, he’s begun a ten-week campaign around the country leading up the November midterm elections. We speak with John Nichols, the Washington correspondent for The Nation magazine, who says Obama should borrow a page from FDR and call for economic justice. [includes rush transcript]
    September 07, 2010 | Story
  • Scheer-stickup
    We speak with veteran journalist and Truthdig editor, Robert Scheer, about his latest book, The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street. [includes rush transcript]
    September 07, 2010 | Story
  • Rivlinweb
    In his latest book, bestselling author and journalist Gary Rivlin says the rapacious practices of subprime lenders laid the foundation for powerful mainstream banks to get into the subprime business and turn it into a multi-billion-dollar enterprise. He calls this the "poverty industry." And for those in this industry, business is booming. The book is called Broke, USA: From Pawnshops to Poverty, Inc. — How the Working Poor...
    July 09, 2010 | Story
  • Reform-graphic
    Democrats may still be one vote short of approving an overhaul of financial regulation with Senator Russ Feingold vowing to vote against the measure again. The House approved the measure this week following over three weeks of conference committee negotiations. We speak to former investment banker turned journalist Nomi Prins, author of several books, including It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from...
    July 02, 2010 | Story
  • 20100628g20_klein
    As thousands protested in the streets of Toronto, inside the G20 summit world leaders agreed to a controversial goal of cutting government deficits in half by 2013. We speak with journalist Naomi Klein. "What actually happened at the summit is that the global elites just stuck the bill for their drunken binge with the world’s poor, with the people that are most vulnerable," Klein says. [includes rush transcript]
    June 28, 2010 | Story
  • Wall-st
    The Senate has passed a sweeping reform of financial regulation that’s been described as the biggest overhaul of financial rules since the 1930s. The 59-to-39 vote came largely on party lines. Two Democratic senators, Russ Feingold of Wisconsin and Maria Cantwell of Washington, voted against the bill, saying it does not go far enough in preventing another economic meltdown. Four Republicans also broke party ranks to support the measure....
    May 21, 2010 | Story