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 176)
Auto Industry Hit Hard
The NYTimes reports today that the crisis in the credit market is hitting the auto industry particularly hard. The virtual
Gender, Race, and the Bailout (Cali NOW)
From the blog of California NOW: As we all know, the $700 billion bailout plan failed in the House of
Why One Congressman Voted Against the Bailout
Rep. Maurice Hinchey (D-NY) made several important points in his explanation of why he voted "no" on
The Community Reinvestment Act Didn't Do It
Heard the latest joke about the current financial crisis? The Democrats did it. Actually, that's not a joke,
Bailout Bill Fails in House Vote
From the WSJ: By MICHAEL R. CRITTENDEN WASHINGTON -- A bipartisan group of U.S. House lawmakers defeated a $700 billion
It's the Foreclosures, Stupid (NACA)
This is an "action alert" from the Neighborhood Assistance Corporation of America. The CEO of NACA, Bruce Marks,
Why Bail?--Dean Baker
From Huffington Post, by Dean Baker of the Center for Economic Policy and Research. The Banks Have a Gun Pointed
This Is the System We Are Saving!--Kucinich
A fiery Dennis Kucinich discusses the "end of industrial capitalism," and quotes Steve Zarlenga of the American Monetary
Paulson's Panic--Stirling Newberry
This is by Stirling Newberry, from The Agonist. Hell No, We Won't Blow (it all on Paulson'
Emergency Economic Stabilization Act of 2008
In case anyone wants to read the 110-page bailout bill, here it is, available via the Los Angeles Times.
Gargantuan Bailout: The Sequel
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
A Better Bailout--Joseph Stiglitz
By Joseph E. Stiglitz The Nation, September 26, 2008 The champagne bottle corks were popping as Treasury Secretary Henry Paulson