What’s Crypto Good For? Corruption, Exploitation, and Billions for Insiders
As with the subprime lending crisis, crypto appears to be more of an example of predatory inclusion than enhancing financial access.
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Public Option Clears House Committee
From The New York Times: Health Bill Clears Hurdle, and Hints at Consensus New York Times By ROBERT PEAR and
4 Must Reads on China's Problematic Stimulus
With vast sums committed to bank recapitalization and our own stimulus programs in the West, the pivotal role of China
2Q GDP Fall Less Than Expected
...but consumption falls more. And 1Q revised downward. From Bloomberg: U.S. Economy: Contraction Eases as Recovery Beckons By Shobhana
Sarah Palin Capitalism (Naomi Klein)
From Alternet: The following was adapted from a speech on May 2, 2009 at The Progressive's 100th anniversary
Crunching the numbers on health care reform
The latest from the Economic Policy Institute: During another week of intense debate over the affordability of health care reform,
T. D.C.o.t.E (xiii): Flexibility Fundamentalism
The Dull Compulsion of the Economic (xiii) A series of blog postings by D&S collective member Larry Peterson
Bearish Roach Losing China Stimulus Optimism
From The Financial Times: I've been an optimist on China. But I'm starting to worry Financial
Case-Shiller Home Purchase Index Up
For the first time in almost three years. This may prompt more purchases in months ahead, as buyers seek to
CFTC Reversal on Commodities Speculation
From The Wall Street Journal, Courtesy of Marxmail: Wall Street Journal JULY 28, 2009 Traders Blamed for Oil Spike CFTC
New Home Sales Rise Sharply in June
From The Financial Times: New US home sales surge in June By Alan Rappeport in New York Financial Times Published:
The Looming Disaster of Credit Card Debt
From The Financial Times: How the cards are cut By Patrick Jenkins,Francesco Guerrera and Saskia Scholtes Financial Times Published:
AP: Senate To Drop Public Option
Via Huffington Post. Looks like the insurance lobby wins again. WASHINGTON After weeks of secretive talks, a bipartisan group in