September 2008
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Month September 2008

Bailout vote: Actual democracy at work? Wall Street: Throwing a fit?

I’m rather stunned at most of the media coverage of the coverage of the bailout vote that I’ve encountered so far. For example, this morning I’m listening to Steve Inskeep ask questions that appear to mostly be premised on the belief that this vote should have passed. Phrases like “deliver your share of the votes” [...]

Let the loan sharks do the auditing

With the weekend news of banks that had survived even The Great Depression going under or being bought out, NPR aired several stories about the financial crises during Morning Edition. One was a report by David Kestenbaum about the tricky politics of inviting the International Monetary Fund (IMF) to perform a “check-up” on U.S. government [...]