Truthout
Economy
JOBS Act: The Dumbest “Bipartisan” Move Since Repealing Glass-Steagall
Here we go again. Once again the ‘bipartisan’ consensus in Washington, fueled by an intoxicating brew of conventional wisdom laced with campaign cash, has repealed some of those 'cumbersome …
Loan Forgiveness Good for the Economy, and Maybe Fannie and Freddie Mac Too
New analyses by mortgage giants Freddie Mac and Fannie Mae have added an explosive new dimension to one of the most politically charged debates about the housing crisis: Whether …
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The Republican Budget, Explained
The new Republican budget plan: Smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke, smoke. Tax cuts for the 1%, cuts …
Last Ditch Attempt to Save a Little Bit of Investor Protection in the United States
As it currently stands, the “JOBS” bill now before the Senate would gut investor protection in the United States. The title of the bill is a complete misnomer …
Citizens’ Insurrection by the People of the Left at the Bastille
Original French Article: Insurrection citoyenne du peuple de gauche à la Bastille, By Mina Kaci and Marie-José Sirach Translated Tuesday 20 March 2012, by Henry Crapo and reviewed by Isabelle …
The Finger of Fate Upon You
The last ten years have been a festival of profit-taking for a small collection of people you will never meet.
Breaking Down the Mortgage Settlement: How Far Does $26 Billion Go?
The big bank settlement over mortgage servicing abuses was finalized last week, detailing the agreement's actual terms. Bank of America, Citigroup, Ally Financial (formerly GMAC) and JPMorgan Chase are …
The Invisible Poverty of “The Other America” of the 1960s Is Far More Visible Today
Fifty years ago (in March 1962) Michael Harrington wrote a book, “The Other America: Poverty in the United States” - a haunting tour of deprivation in an affluent society …
Truthout Talks With Thom Hartmann About His Legacy as an Author
Thom Hartmann: I've been writing since I was 12 years old. When I left my parents' home when I was 16, I'd wallpapered my bedroom with 56 rejection slips, …
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Spain’s Economy, Front and Center
(Image: CartoonArts International / The New York Times Syndicate) I've always viewed Spain, not Greece, as the quintessential euro crisis country. With Prime Minister Mariano Rajoy's government balking — …