US economy

Timothy Geithner: Obama’s very convenient fall guy

Fri 27 Mar, AT 13:31
Alexander Cockburn

While the Treasury Secretary gets pelted with mouldy cabbages, especially by Paul Krugman, the President charms the nation

Stewart’s humiliation of Cramer marks end of era

Mon 23 Mar, AT 00:00
Charles Laurence

Accusations that he was a Wall St ‘shill’ mean that Jim Cramer, the embodiment of the ‘greed is good’ era, is finished

AIG bonuses threaten to sully Obama’s reputation

Fri 20 Mar, AT 12:51
Alexander Cockburn

The president is dancing on the edge of a volcano with denials of knowledge about bonuses at AIG – and he’s already been burned

Empty malls tell real story of great American disaster

Fri 13 Mar, AT 13:10
Alexander Cockburn

Like Roosevelt before him, Barack Obama will be forced to lurch to the left to save the country from wider economic desolation

To turn the recession green

Wed 4 Mar, AT 14:42

Leaders around the world see the worldwide slump as an opportunity to spend billions on creating ‘green-collar’ jobs as a way of kick-starting their economies

Can Barack Obama really steer the US off the rocks?

Fri 13 Feb, AT 15:30
Alexander Cockburn

As the country goes into meltdown and California prints IOUs, Americans are already questioning if the president can save them

Barack Obama gambles with bold take on Israel

Fri 30 Jan, AT 00:00
Alexander Cockburn

But on the economy the president is just playing the same old tune, helping Wall Street and the banks to enrich themselves further

James Grant, the man who saw the crash coming

Thu 22 Jan, AT 00:00

The financial journalist who outsmarted the market with his predictions of economic doom believes the worst is yet to come

Ghost of Richard Nixon hovers over Barack Obama

Wed 21 Jan, AT 00:00
Alexander Cockburn

Another rehashed vision of a golden America-that-could-be leaves Alexander Cockburn gloomy at the prospects for change

Financial failure is simply the final, fatal blow

Mon 19 Jan, AT 17:17
Coline Covington

Insurmountable anger, not losing millions, is often the determining factor in suicide cases linked to debt, says Coline Covington