2008

• Change We Can Bank On

  Robert Scheer : Barack Obama Administration

  Reject the old-boy network whose sexism, stupidity and greed helped drive our current financial crisis. How about Sheila Bair for Treasury Secretary? Posted 59 minutes ago

• Why We Shouldn't Save GM

  Nicholas von Hoffman : General Motors

  The bailout should be used to expand unemployment compensation instead of propping up a single, failing corporation.

• Paulson Plays While We Pay

  Nicholas von Hoffman

  A little under $300 billion of the $700 billion bailout has been invested, loaned out or lost. And as long as Henry Paulson's in charge, we won't know where it went.

• In Praise of a Rocky Transition

  Naomi Klein : Barack Obama Administration

  Every sweetheart deal the Bush administration makes threatens to hobble Obama's ability to deliver on his promise of change.

• The Summers Conundrum

  Mark Ames : Presidential Appointments & Nominations

  In light of all of the corruption and cronyism that have marked the career of Lawrence Summers, why is Obama considering him for treasury secretary?

• Cashing Out Detroit

  Nicholas von Hoffman : Labor

  Saving jobs by giving automakers large amounts of cash is a very expensive form of trickle-down. What we need is a clear plan about how automakers will use the money.

• Introducing a New New Deal

  Campaign for America's Future

  As we move forward, perhaps the best lessons come from yesterday.

• Paul Krugman's Economic To-Do List

  MSNBC

  The Nobel Prize-winning economist recommends what course of action President Obama should take to rescue the middle class.

• Treasury Secretary? Let's Hope Not

  TruthDig : Barack Obama

  Robert Scheer explains why Lawrence Summers would be a bad choice as Treasury Secretary for President-Elect Obama.

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  How to End the Recession

  Robert Pollin

  The economy needs a shot of public investment--and if it's green, the payoff will be greatest.

• Slouching Towards Bankruptcy

  Marissa Colón-Margolies : Labor

  GM is banking on a merger that may threaten the company and its workers' survival.

• Invest in Innovation

  James S. Henry & Jim Manzi : Technology

  The US economy rewarded the finance industry at the expense of our most creative problem-solvers. We need an innovation revival to grow our way back to health.

• The Bailout: Bush's Final Pillage

  Naomi Klein : Economic Policy

  Brace yourself for a final, frantic stripping of public wealth as the Bush regime goes out the door.

• The Road to Socialism?

  Philip Green

  Contrary to what you may have heard from John McCain, there's a long way to go.

• GM-Chrysler: Too Dumb to Fail

  Nicholas von Hoffman : Corporate Welfare

  Doesn't anyone in Washington have the courage to pull the plug on an industry on life support?

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  Establishment Disorder

  William Greider : Corporate Welfare

  Obama must decide between small-bore reforms and a far more ambitious agenda to remake the economy.

• Paulson's Swindle Revealed

  William Greider : United Steelworkers of America (USWA)

  United Steelworkers Union prez Leo Gerard cracks open the sweetheart deal that bailed out nine banks--and likely lined the Treasury Secretary's own pockets--with billions of taxpayer dollars. Does anybody care?

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  Naomi Klein Breaks Down the Bailout

  VideoNation

  Nation columnist Naomi Klein speaks at a Nation/Brecht Forum event about the financial crisis.

• Merrittocracy

  Dave Zirin : Sports

  Merritt Paulson, son of Henry Paulson, asks the city of Portland to fund his new sports stadiums even though he can afford it.

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  The Battle for Obama's Economic Soul

  Robert Scheer : Presidential Election 2008

  Let's hope he listens to Paul Volker and Warren Buffet--and keeps at bay Rubin, Summers and others responsible for the current debacle.

• Report From the Socialist International Conspiracy

  Barbara Ehrenreich : Humor

  Our operatives on Wall Street were doing a good job bringing down capitalism one hedge fund at a time. But then Goldman Sachs staged a counter-coup.

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  Wall Street Meltdown 101

  Nation Podcast : Disaster Capitalism

  Naomi Klein, William Greider, Frances Fox Piven and others explain the financial crisis in a recent emergency town hall meeting in New York City.

• Scenes From the Crackup

  JoAnn Wypijewski : Sex & Sexuality

  Behind the scrim of boom times there was always debt and sex--and the intimate economy of panic and desire.

• Left and Right

  The Editors : Banks & Banking

  If nationalizing banks is suddenly on the table, what else might be placed there?

• Predatory Scapegoating

  Patricia J. Williams : Banks & Banking

  The real scandal of the year is that Eliot Spitzer, brought low by his own bad behavior, had predatory lenders in his sights.