Economics

A Speculator Takes Blame for the Mortgage Mess

Townsend is one of many minor players paying a heavy price for their roles in the mortgage meltdown, while the major figures avoid any...

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Economic Update: A System Rigged Against Us

This week on Economic Update, Professor Richard D. Wolff provides updates on how Democrats helped destroy their party by backing...

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‘A Giant Sucking Sound’

Presidential contenders Barack Obama and Mitt Romney have been spending a lot of time in Ohio, promising the swing-state voters they’ll...

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Feds Focus on Foreclosure Fall Guys

If you follow the press releases coming out of the U.S. Attorney’s Office here in Chicago, as dutifully reported on by local and national...

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Wall Street Pulls Obama’s Strings

Whatever grim bargain emerges from the federal debt ceiling and budget negotiations, it’s clear the losers will be poor and middle-class...

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Good Profits and ‘The Good War’

Now in its tenth year, the war in Afghanistan is the longest in U.S. history. And as the war drags on, the situation goes from bad to...

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