The Oil Company Gusher

hearing-oil-wide

Robert Reich: This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the U.S. government, at a time when we’re cutting social programs to reduce the budget deficit.

How Koch Industries Manipulates Oil Market

oil tanker

Lee Fang: Koch along with Enron pioneered a number of complex financial products to leverage its privileged position in the energy industry.

A Short Primer on McCainomics Versus Obamanomics: Top-Down or Bottom-Up

Fannie Mae Mortgage Crisis

by Robert Reich — McCain and Obama represent two fundamentally different economic philosophies. McCain’s is top-down economics; Obama’s is bottom-up.

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