bank bailouts

Vancouver Casseroles Just Getting Started

While the Toronto Casseroles parade is fading, Vancouver's is only getting started. Last week, Vancouver Casseroles in solidarity with the Quebec Students and against the austerity of Cherest and Harper took the Cambie Bridge from both

Cenk Uygur Asks If The US Should Be Following Iceland's Model In Dealing With The Financial Crisis

For all the fearmongering we hear out of our politicians on the right about how heaven forbid we're going to turn into Greece, the one country you never hear them talk about any more is Iceland. The reason they don't is, as Cenk Uygur explained on his show this Tuesday, they took a different path than the United States after their financial crisis and nationalized the banks, threw some the people responsible for the crash in jail and bailed out the homeowners instead of worrying about only bailing out the banks. And now they're coming back and their economy is growing again.

Paul Volcker's Prescient Advice For Jamie Dimon

Shortly after Jamie Dimon's appearance on Fox last month, PBS's Bill Moyers had former Chairman of the Board of Governors of the Federal Reserve System and head of President Obama’s Economic Recovery Advisory Board, Paul Volcker, whose namesake is