Sectors - The New American

Bush, Paulson, Bernanke Not Trustworthy on Economy

These days President Bush and the managers of our monetary policy sound like prophets of doom when they talk about the economy. "The...

Gary Benoit September 28, 2008

WaMu Bank Failure Is Largest in U.S. History

September 26, 2008

The Federal Deposit Insurance Corp. seized Washington Mutual Inc. (also known as WaMu bank) on September 25, and then brokered an emergency sale...

Call Ron Paul Correct About the Economy

Gary Benoit September 26, 2008

A year ago, Congressman Ron Paul was just beginning to turn heads on the national electoral stage, owing to his presidential campaign's unexpected...

Government Bailout

Brian Farmer September 18, 2008

The government bailout of Fannie Mae and Freddie Mac will continue the downward spiral of the dollar, begetting a new downward cycle for...

Fed Takes Over AIG

Dennis Behreandt September 17, 2008

As the deepening financial crisis worsened yesterday, the Federal Reserve sought socialism as a cure and gobbled up another formerly private entity, the...

AIG, the Fed, and Accelerating Socialism

Gary Benoit September 17, 2008

America's headlong rush into full-blown socialism accelerated Tuesday with the Federal Reserve's takeover of American International Group, Inc. (AIG), one of the world's...

Lehman Brothers Holdings Files for Bankruptcy

September 16, 2008

On Monday, September 15, Lehman Brothers Holdings, Inc., long a cornerstone of the Wall Street banking establishment, filed for Chapter 11 protection with...

At 100, What Next For General Motors?

Dennis Behreandt September 15, 2008

For decades, the health of General Motors has been equated, rhetorically at least, with the health of the U.S. economy. In the early...

Bias in Media Coverage

Dennis Behreandt July 28, 2008

In June 2000 global-warming prophesier Ross Gelbspan lamented, “Over the last seven years, the fossil-fuel lobby has mounted an extremely effective campaign of...

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