That’s the understatement of the year, to be sure.

But hearing Bush speak Friday morning was not exactly a “We have nothing to fear but fear itself” moment.

Bush tried to be reassuring.read more

The biggest bubble blown in the recent past—Alan Greenspan’s reputation—has finally been pricked.read more

They got rolled by Henry Paulson.
They succumbed to blackmail by the banks.read more

Forcing each American to fork over $2,200 at a time when median family income has declined by as much is no way to improve the economy.read more

Populist Democrats were absolutely right to object to the kind of bailout that Paulson was forcing upon us.read more

If there’s any silver lining in the current financial mess, it is that the U.S. model of unfettered free markets is now globally discredited.read more

Taxpayers should compare the bailout with the pricetags on a few other items deemed unaffordable by the Administration and Congress.read more

With Wall Street prostrate and coming cup in hand, you’d think that Bush and Congress would exercise some leverage and good sense so this won’t happen again. But no.read more

Let the government, at least on a temporary basis, become the savings and loan officer, with the power to renegotiate the mortgage downward and adjust the payments and interest rates downward, as well.read more