The “Bush Effect” – Hopefully for a Third and LAST Time

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Third time’s a charm, maybe? I’ve compiled three of these lists now. In 2006, I issued the first one, looking back on everything George W. Bush has adversely affected since he first arrived in the Oval Office. Just a damage assessment, really. At the time, I thought it would be instructive to look back, at [...]

Why I Love Rachel Maddow

Rachel Maddow and Laura Tyson

by Charley James – A few nights ago, Rachel Maddow was discussing the Wall St. bailout on her MSNBC show with guest Dr. Laura Tyson. Tyson, a former economics advisor to Pres. Clinton and now a professor at UC-Berkeley, was defending the banks who received bailout money for their total lack of disclosure or transparency [...]

Another Great Depression?

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The United States is in the midst of the worst financial crisis since the Great Depression. The question is: How close are we to another Great Depression? The answer is: Very close. Here’s why. The Great Depression was the result of the combination of the 1929 financial crisis and serious structural problems in the American [...]

A Failed Economy Hurts Gay Taxpayers More

In the face of a financial Armageddon, the economy has become the center of the campaign, where it should have been all along. But the moment all Americans have been waiting for – the latest McCain-Obama debate – was a yawn. The melodrama and histrionics of whether the first debate would happen titillated anxious taxpayers [...]

The Collapse of the American Economy: Treating the People’s Economy Instead of Wall Street’s Cold

By nearly all accounts (except for the fervent Republican ideologues), the American economy is on the verge of collapse. Both Congress and Wall Street are very quick to shift the burdens of greed and decadence from the insolvent banks to the backs of the taxpayers through a $700 billion bailout. This expenditure is equivalent to [...]

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