We Need a Care Package!
We've built an economy that depends on unpaid and underpaid care, but penalizes the people who provide it.
Latest news (Page 142)
Bard College Fires Joel Kovel
Joel Kovel, editor of the ecosocialist journal Capitalism Nature Socialism, was recently fired from his job as a professor at
Citi Warning on Brazil
From Bloomberg, courtesy of Marxmail. Stocks in New York opened sharply lower, following losses worldwide. Could be a rough day
What's Missing From the Housing Plan
Details are still coming out about the Obama Administration's housing plan announced today. From the early reports there
What Lovely Weather for a Bank Run...
From today's Guardian. A bank run in offshore tax shelters. Beautiful. Run on Stanford banks in wake of
UK Biz. Secretary Tirade at Starbucks
Starbucks in the news: In today's New York Times business section, an article about a new product from
We've Outsourced Unemployment
From the Washington Post's Harold Meyerson: Read the full article here.
Immanuel Wallerstein on the Crisis
Immanuel Wallerstein on the crisis; hat-tip to Arpita B. Here are some choice paragraphs; the whole piece is short and
Greenspan (!): Nationalize the Banks
We weren't so surprised when Noriel Roubini called for (temporary) bank nationalization in a Washington Post op-ed co-authored
Germany May Rescue Debt-Laden EU Members
From Ambrose Evans-Pritchard's column.Yves Smith has linked to this page, too. But I haven't seen
2009 Global Economic Picture Bleak
The latest economic snapshot from the Economic Policy Institute (EPI): The full post (including their nifty chart) is here.
Obama Plan: They've Got Their Work Cut Out
At least if the latest housing data from HSBC are any indication. Thanks to Across the Curve (here's
Obama Mortgage Relief Plan
Reuters just posted a preview of the plan to be delivered later today: Obama mortgage plan to aid up to