When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
Latest news (Page 115)
California to Issue IOUs at Discount?
The creator of the fine website Across the Curve had the following to say about the situation on California tonight:
Banker: "This Is a Phenomenal Environment"
One more from today's FT: Radical shift in the banking power base By Patrick Jenkins and Jane Croft
Behind Banks' Credit Card Moves
Another FT article goes deeper into the increasing danger credit cards are putting banks into, and what they're
Citi Raises Rates on Cardholders
This is before new regulations come into effect that prevent them from doing this very thing come into effect in
The Real Unemployment Rate Hits a 68-Year High
Comparing the Bureau of Labor Statistics' "U-3" and "U-6" rates.
How the Green Economy Can Promote Equal Opportunities for Women
Create jobs. End the recession. Save the environment. What else can transforming our fossil fuel economy to a clean energy
Youth of Color Resist Military Recruiting
BAY-Peace youth interns at a community event in Oakland, Calif. (Credit: WCRC/Laura Flynn.) In 2006, high school senior
Bernanke's Bad Teachers
Addressing a conference honoring Milton Friedman on his 90th birthday in 2002, the future chairman of the Federal Reserve Board,
More Speculation on Demise of the PPIP
From Wall Street Pit: Financial Crisis: The Two Sides of the Balance Sheet Wall Street Pit By James Kwak|Jun
Eurozone Moves into Deflation for First Time
From The Financial Times: Eurozone inflation turns negative By Ralph Atkins in Frankfurt Financial Times Published: June 30 2009 11: