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Bush End Game
George W. Bush's presidency since 2007

Bush - Second Term
George W. Bush's presidency from 2005-06

Bush - First Term
George W. Bush's presidency, 2000-04

Who Is Bob Gates?
The secret world of Defense Secretary Gates

2004 Campaign
Bush Bests Kerry

Behind Colin Powell's Legend
Gauging Powell's reputation.

The 2000 Campaign
Recounting the controversial campaign.

Media Crisis
Is the national media a danger to democracy?

The Clinton Scandals
Behind President Clinton's impeachment.

Nazi Echo
Pinochet & Other Characters.

The Dark Side of Rev. Moon
Rev. Sun Myung Moon and American politics.

Contra Crack
Contra drug stories uncovered

Lost History
America's tainted historical record

The October Surprise "X-Files"
The 1980 election scandal exposed.

From free trade to the Kosovo crisis.

Other Investigative Stories



Goldman Sachs Socialism

October 13, 2008

With world markets verging on panic, the G-7, the group of leading industrialized economies, met over the weekend to take drastic action to prop up the banking system.

The emergency meeting underscored the failure of the Bush/Paulson Wall Street bailout plan to stanch the financial bleeding, despite White House rhetoric and the support of key Democrats, including Barack Obama.

(The story summary continues below.)

As news analyst Pepe Escobar notes, top economists have criticized the mechanics of the Bush/Paulson plan, which concentrates power on Treasury Secretary Henry Paulson and his former Goldman Sachs colleagues. There are also questions about how systemic issues contribute to the crisis, including the half-trillion-dollar U.S. budget deficit and U.S. military spending to support two wars. is an independent news network that produces stories of global interest. 

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