AltWeeklies Wire
Workers Will be Forced to Pay for Wall Street's Failuresnew
The Masters of the Universe have been revealed as naive speculators who believed that property values could only go up. The journalists who preached the blessings of unregulated free markets have been unveiled as blind ideologues at best, and at worst paid propagandists. The response of American politicians at all levels has been pathetic.
The Georgia Straight |
Gwynne Dyer |
09-30-2008 |
Economy
Why Are We Bailing Out Bad Banks with Our Money?new
Here's the truth: Our economy is teetering on the point of collapse. Nobody is telling you the full truth about that -- not the media, not the candidates for president.
Metro Times |
Jack Lessenberry |
09-30-2008 |
Economy
How Washington Could Shape the Future Coming Out of the Meltdownnew
Let's talk about reform, and your money, and what government should do now that there is a genuine, world-class financial crisis.
Crude: How Wall Street is Screwing Americanew

While it is clear that our economy is in deep trouble, there's one part of the puzzle that still lies in a place as murky as the water surrounding the refineries in the Gulf of Mexico: the Wall Street-Oil connection.
Long Island Press |
Jed Morey |
09-25-2008 |
Economy
Dude, Where's My Bailout?new
The newspaper biz could use some government help too. An open letter to Treasury Secretary Henry Paulson.
New Haven Advocate |
Andy Bromage |
09-25-2008 |
Economy
Obama's Mortgage Plan Has Already Been Tried and Defeated in Congressnew
Obama's proposed legislation would allow judges to adjust the mortgage terms of homeowners who are in bankruptcy, so they'd have a better chance of saving their homes from foreclosure. But such legislation was considered by the Senate in April, and defeated. Both Arkansas senators voted against it. Both say there's a good chance they'd do so again, even if the bill had Obama's backing, and even though they're both Democrats and supporting Obama for president.
Arkansas Times |
Doug Smith |
09-25-2008 |
Economy
Dean Baker: No Blank Check for Wall Streetnew
Done properly, Baker says, the $700 billion "bailout" of Wall Street and the big banks shouldn’t cost the taxpayers a dime. "My view," the progressive economist told the Indy following a speech in Raleigh, "is that [the bailout] is necessary, but if it's structured right, we're not giving the banks anything. We're keeping the banks functioning, and that's in the public interest."
Facing Foreclosure? Con Man Paul Noe II Has a Deal for Younew
A few months ago, Dustanto Lopez got a phone call from someone offering him a tempting, if screwy, deal with a company called United First, Inc. that would supposedly help postpone foreclosure proceedings. What Lopez didn't know was that the president, secretary, treasurer, and director of that recently registered Nevada shell company was a con man.
Comrade Bush Nationalizes the Banksnew

The panicky flight from free-market orthodoxy in the United States is bound to fuel a revival of government intervention and welfare-state policies in the rest of the world. In the United States itself, however, they are likely to hang the wrong culprit in the end.
The Georgia Straight |
Gwynne Dyer |
09-24-2008 |
Economy
Save People, Not Bankers
Bailouts go to bankers. Why not help homeowners facing foreclosure instead?
How McCain's Economic Advisor, and Bill Clinton's, Screwed the Economynew

What we're experiencing is not just one of those occasional stock market swoons or interest-rate tangos. What's going on now is a calamity of the sort not seen since the dark days of 1929.
Ex-Tory PM Condemns Canadian Arts Cutsnew
Former prime minister Joe Clark is calling the federal government's decision to cut a prominent arts program "a big mistake."
Fast Forward Weekly |
Jeremy Klaszus and Adrian Morrow |
09-04-2008 |
Economy
Violent South American Thieves are Stealing Millions in Precious Gemsnew

For years, South Florida has been one of the worst areas in the nation for jewelry theft. Now the South American Theft Group Intelligence Network wants to join law enforcement agencies in taking on gangs of illegal Colombian immigrants terrorizing jewelers across the US with near-impunity.
New Times Broward-Palm Beach |
Brantley Hargrove |
09-03-2008 |
Economy
Would Drilling for Oil Off Florida's Gulf Coast Lower Fuel Prices?new
Why wouldn't it? Just pump that stuff out and ship it a few short miles over to gas stations in Tampa Bay, ready to dispense at our local convenience stores. How cheap would that be?
Creative Loafing (Tampa) |
Wayne Garcia |
09-03-2008 |
Economy
Delma Mercado Steals from the Poor to Pay Her Mortgagenew
Like so many other Americans these days, Delma Mercado let her mortgage get the best of her. Unlike most other estados-unidenses, she dreamed up a seemingly rock-solid solution to her financial woes. One problem: It involved stealing rent from the poorest tenants in Hialeah, Fla.
Miami New Times |
Tim Elfrink |
08-25-2008 |
Economy