Robert Scheer / TruthdigMar 25, 2009
Bernie Sanders, the senator from Vermont who is independent in spirit as well as party label, has placed a hold on President Obama’s nomination of Gary Gensler to head the Commodity Futures Trading Commission. Sounds like a minor issue to get worked up about, but I see this appointment as further evidence that the president has entrusted his economic policy to the wrong people. Dig deeper ( 3 Min. Read )
Robert Scheer / TruthdigFeb 4, 2009
It is instructional that only one of the three tax-challenged Obama appointees has survived public scorn to claim a high position in the new administration. Oddly enough, it is Treasury Secretary Timothy Geithner, the man who will collect our taxes, whose career has not been stunted by his failure to pay them. Dig deeper ( 3 Min. Read )
Robert Scheer / TruthdigJan 14, 2009
Why rush to throw another $350 billion of taxpayer money at the Wall Street bandits and their political cronies who created the biggest financial mess since the Great Depression? And why should we taxpayers be expected to double our debt exposure when the 10 still-secret bailout contracts made in the first round are being kept from the public? Dig deeper ( 3 Min. Read )
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Staff / TruthdigJan 10, 2009
Almost a year ago, Citigroup's then-director Robert Rubin downplayed the enormity of the economic catastrophe headed our way and made a pre-emptive move to shift any potential blame to politicians instead of financial experts such as himself. Fast-forward to the present and the picture changes considerably. Dig deeper ( 1 Min. Read )
Robert Scheer / TruthdigDec 10, 2008
Let the record show that it was George W. Bush, the rich Texas Republican, who brought socialism to America, so don't blame it on that African-American Chicago Democrat community organizer who made it into the White House. Dig deeper ( 3 Min. Read )
Robert Scheer / TruthdigNov 26, 2008
Maybe Ralph Nader was right in predicting that the same Wall Street hustlers would have a lock on our government no matter which major party won the election. I hate to admit it, since it wasn't that long ago that I heatedly challenged Nader in a debate on this very point. Dig deeper ( 3 Min. Read )
Staff / TruthdigNov 25, 2008
Judging by the new additions to Barack Obama's economic squad, the president-elect appears to be borrowing heavily from Robert Rubin's ranks, but here's an argument as to why Obama's approach will differ from Rubin's (but consider the source here). Dig deeper ( 1 Min. Read )
Robert Scheer / TruthdigOct 22, 2008
Instead of running with the "European socialist" crowd, as John McCain has claimed, Barack Obama has turned to the same American “free market” elite that views government as merely a corporate subsidiary. Even within that group, however, there are serious splits, and the more enlightened side seems to be winning. Dig deeper ( 3 Min. Read )
Robert Scheer / TruthdigOct 1, 2008
How dare you throw that tea into Boston Harbor! Such is the anti-democratic arrogance of the fear-mongering pundits and politicians who tell us if we taxpayers don’t instantly give the Wall Street banking bandits a $700-billion bailout, we are destroying America. Dig deeper ( 3 Min. Read )
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