Archive for articles filed in 'Economy'
Jason Dean in Beijing, Marcus Walker in Berlin, and Evan Ramstad in Seoul | Posted on Thursday, September 25th, 2008
Wall Street Journal
September 25, 2008
The turmoil in the U.S. financial sector is rippling through political debates around the world, giving ammunition to foreign officials who question American economic leadership and oppose policies that follow the U.S. model. (Keep reading…)
Posted in Economy, Financial Crisis 2008/09 | No Comments »
Ken Silverstein/James K. Galbraith | Posted on Wednesday, September 24th, 2008
http://www.harpers.org/archive/2008/09/hbc-90003600
Harper’s Magazine
September 24, 2008 (Keep reading…)
Posted in Economy, Financial Crisis 2008/09, USA Issues and Politics | No Comments »
William Greider | Posted on Tuesday, September 23rd, 2008
September 22, 2008
The Nation
For the first time in this unfolding financial crisis, I felt personally scared by the news. Not about my money, but about the potential for catastrophe. The Federal Reserve’s lightning rescue of AIG has the smell of systemic fear. The house of global finance is on fire and everyone is running for the exits, no sure way to turn them around. What’s next? The question itself is ominous, because there are no good answers. (Keep reading…)
Posted in Economy, Financial Crisis 2008/09, USA Issues and Politics | No Comments »
Naomi Klein | Posted on Tuesday, September 23rd, 2008
The Guardian
September 22, 2008
Whatever the events of this week mean, nobody should believe the overblown claims that the market crisis signals the death of “free market” ideology. Free market ideology has always been a servant to the interests of capital, and its presence ebbs and flows depending on its usefulness to those interests. (Keep reading…)
Posted in Economy, Financial Crisis 2008/09, USA Issues and Politics | No Comments »
Andrew Jackson | Posted on Monday, September 22nd, 2008
Progressive Economics Forum
September 18, 2008
The Globe and Mail is carrying a report today on a possible Canada-EU trade deal, suggesting that negotiations will be launched shortly after the election. (Keep reading…)
Posted in Canadian Issues and Politics, Economy | No Comments »
Chris Hedges | Posted on Monday, September 22nd, 2008
Truthdig!
Sep 21, 2008
The lobbyists and corporate lawyers, the heads of financial firms and the crooks who control Wall Street, all those who spent the last three decades assuring us that government was part of the problem and should get out of the way, are now busy looting the U.S. treasury. They are also working feverishly inside the Democratic and Republican parties to blunt any effective regulatory reform as they pass on their distressed assets to us. The process is stunning in its hubris and mendacity, and two of the most potent enablers of this unprecedented act of corporate welfare are John McCain and Barack Obama. (Keep reading…)
Posted in Economy, Financial Crisis 2008/09, USA Issues and Politics | No Comments »
William Greider | Posted on Monday, September 22nd, 2008
http://www.thenation.com/doc/20081006/greider
The Nation
19 September 2008 (Keep reading…)
Posted in Economy, Extra! Extra!, Financial Crisis 2008/09, USA Issues and Politics | 1 Comment »
PAUL KRUGMAN | Posted on Monday, September 22nd, 2008
New York Times
September 22, 2008
Some skeptics are calling Henry Paulson’s $700 billion rescue plan for the U.S. financial system “cash for trash.” Others are calling the proposed legislation the Authorization for Use of Financial Force, after the Authorization for Use of Military Force, the infamous bill that gave the Bush administration the green light to invade Iraq. (Keep reading…)
Posted in Economy, Financial Crisis 2008/09, USA Issues and Politics | No Comments »
Barrie McKenna | Posted on Sunday, September 21st, 2008
Globe and Mail Report on Business
September 20, 2008
“This financial crisis signals the beginning of the decline of the
American empire. Over time, the relative economic, financial,
military, geo-strategic power of the U.S., and the reserve role of
the dollar will significantly decline.” (Keep reading…)
Posted in Economy, Financial Crisis 2008/09, USA Issues and Politics | No Comments »
Margaret Wente | Posted on Sunday, September 21st, 2008
Globe and Mail
September 20, 2008
The turmoil on Wall Street has spread fear and desperation throughout the global financial system. (Keep reading…)
Posted in Economy, Financial Crisis 2008/09, USA Issues and Politics | No Comments »
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