Tag Archives: Economy

Wall Street Always Rides a Wave Until It Crashes

Characterizing the Subprime Mortgage CrisisWill the Mortgage Industry Pay for Its Crimes?By Danny Schechter / May 10, 2008 There is a time in the life of every writer when you find yourself fearing that you have become a robo call … Continue reading

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More Lies May Still Take Us to War with Iran

Democrats Okay Funds for Covert Ops: Secret Bush “Finding” Widens War on IranBy Andrew Cockburn / May 2, 2008 Six weeks ago President Bush signed a secret finding authorizing a covert offensive against the Iranian regime that, according to those … Continue reading

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McCain’s Health Care Balancing Act

Wealth Transfer From Voters to CorporationsBy R.J. Eskow / May 1, 2008 Health policy proposals can reflect many different ideologies or political philosophies, but John McCain’s plan isn’t so much ideological as utilitarian. There has been a lot of excellent … Continue reading

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Denial and the Oil Crisis

When you are living inside a failing empire, of course there is going to be massive denial. The last thing to go will probably be the satisfied consumerist imagery that is the stock in trade of TV commercials. Kunstler isn’t … Continue reading

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May Day : Iraqi Workers Declare Solidarity With U.S. Unions

Union solidarity in the face of war From The Rag Blog / May Day / May 1, 2008 The following comes to us from U.S. Labor Against the War. It includes two May Day communications from the working people of … Continue reading

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R. Baker on Gas and the Economy

High gas prices here to stay?By Roger Baker / The Rag Blog Below are links to two important articles. The top one is a link and a clip from yesterday’s New York Times article that cites a Canadian bank, CIBC, … Continue reading

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A Majority of Doctors Support National Health Care

Frankly, this is a little difficult to swallow. US doctors have traditionally opposed universal health care in favour of unfettered ability to make money (aka, unrestrained greed), and one wonders what has prompted the change of heart. Richard Jehn / … Continue reading

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C. Loving : Buy American!

Your Tax Rebate: The federal government is sending us a $600 rebate… some more & some less. However, if we spend that money at Wal-Mart, the money will go to China. If we spend it on gasoline it will go … Continue reading

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Bush is Most Worsest

BuckFush.com.Bush’s disapproval rating worst of any president in 70 yearsBy Susan Page WASHINGTON — President Bush has set a record he’d presumably prefer to avoid: the highest disapproval rating of any president in the 70-year history of the Gallup Poll. … Continue reading

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The Smartest Guys in the Room

Why the U.S. Has Gone BrokeBy Chalmers Johnson / April 26, 2008 The military adventurers in the Bush administration have much in common with the corporate leaders of the defunct energy company Enron. Both groups thought that they were the … Continue reading

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Partnership Is the Heartbeat of Islamic Economics

Islamic FinanceBy Loretta Napoleoni / April 26, 2008 Islamic finance has become the fastest-growing, most dynamic sector of global finance. Every Western-style financial product has its sharia, i.e. Islamic law, compliant instrument: microfinance, mortgages, oil and gas exploration, bridge building, … Continue reading

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Democracy Is So, Like, 20th Century

US President Bill Clinton acknowledges applause after signingthe North American Free Trade Agreement (NAFTA).Congress approved NAFTA in 1993.José Can You See? Bush’s Trojan TacoBy Greg Palast / April 24, 2008 Psst! George Bush has a secret. While you Democrats are … Continue reading

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