Media Views

The alternative press has led the way on the story of Phil Gramm and the policy roots of the financial crisis, beating the mainstream business and other media rather badly about the face and neck.... So, let's accentuate the positive and offer an Audit Credit to Mother Jones for more excellent reporting on the ever-widening ripples from the deregulation of the American financial system.... James K. Galbraith examines the bubble effects of this deregulation, looking beyond the obvious one in housing, already burst, to the other ones in energy and food. As his colleague David Corn did last summer, Galbraith lays considerable responsibility for financial deregulation at the feet of former Sen. Phil Gramm.