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 134)
AIG Primer By Dean Baker
The fabulous Dean Baker has put out a great primer on AIG. Unfortunately, it's in pdf format only,
AIG Sues To Get $306 Million In Taxes BACK!
AIG gets $170 billion from taxpayers. Taxpayers now own 80% of the company. Company hands out hundreds of millions in
Jamie Galbraith: No Return to Normal
Excellent insight from James K. Galbraith in The Washington Monthly: Full article here.
Auto Parts Suppliers Get $5 Billion Loan
Beleaguered auto parts suppliers will receive up to $5 in loan government loan guarantees. Parts suppliers usually get paid by
Why Are AIG INVESTORS Getting Billions?
Before he went down for, ahem, going down, Eliot Spitzer was the guy Wall Street feared most. He's
Unemployment Rate On Par With 1982 Recession
A new report from CEPR. Download the pdf of the full report here. can be found here
Fed Spends Another $1.2 Trillion On Bailout
Another trillion plus to lower mortgage rates? Is this really supposed to help anything? From the Washington Post:
Europe Defended Against Krugman
In a New York Times op-ed Monday, Paul Krugman criticized European governments for under-reacting to the financial crisis:
Amazon Kindle Equals the Death of Personhood, Ownership, and Free Speech?
An interesting if broad-brush attack on e-book readers in today’s Christian Science Monitor: Read it here.
Capital Flowing Out of Developing Countries
From Nouriel Roubini’s RGE Monitor: The reversal of capital inflows due to deleveraging or losses in financial markets has