D&S BLOG
These posts are from the D&S Blog, which we mostly stopped posting to a few years ago. Visit our new blog Left Hook Economics (https://www.dollarsandsense.org/tag/left-hook-economics/).
Obama Plans To Tighten Financial Rules
From The New York Times: January 25, 2009 Obama Plans Fast Action to Tighten Financial Rules By STEPHEN LABATON WASHINGTON
Britain Is Facing Return of Three-Day Week
Another from the Independent: Britain is facing return of three-day week Shorter hours would be preferable to mass unemployment,
Meanwhile, in China...
From The Observer: China fears riots will spread as boom goes sour Today millions will leave the cities to return
Icelanders Force Change
Of regime, anyway. But it's a hopeful sign that more people even in developed, consumerist societies aren'
EFCA: Missing the Forest for the Trees?
Interesting Washington Monthly piece, courtesy again of LBO Talk. Here's the conclusion (one that reinforces much of what
Bankers Try To Quote Marx
And are as inept at that as they have been in analyzing Collateralized Debt Obligations. A post from Doug Henwood&
Bankruptcy Doesn't Mean No Bonus
Merrill Lynch is under NY Attorney General Andrew Cuomo's spotlight after doling out billions in year-end bonuses
California Unemployment Spikes
If California were a country, it's GDP would place it among the 10 largest nation's in
Merrill CEO Shopped While Company Burned
From the Daily Beast: In early 2008, just as Merrill Lynch CEO John Thain was preparing to slash expenses, cut
Thanks for Nothing....
From Bloomberg: RBS Taxes, Hailed as Contribution to Society, Erased by Rescue By Simon Clark Jan. 23 (Bloomberg) -- Fred Goodwin,
Closures and Layoffs: Jan 18-24
The latest from Mark Heschmeyer of CoStar. Closures & Layoffs (Jan. 18-24); After Holiday Retail Layoffs Begin A Weekly
States Need Bailouts Too
From the Economic Policy Institute: Economic Snapshot for January 21, 2009 In recessions, federal grants are key to recovery for