AltWeeklies Wire
Foreclose on the Banks
It was widely understood at the time that the federal government expected looser credit markets in exchange for the bailout. Obviously Obama should have gotten it in writing. But oral contracts are just as legally binding as written ones.
Obama is More Hoover than FDR
It's 1933. This time, however, Hoover got reelected. Can we hold out until 1937 for a president who understands that we need 10 million new jobs, and that we need them yesterday?
Lay Off Layoffs
U.S. employers hire and fire workers at will. Other countries give workers lifetime employment contracts--and have higher productivity.
Creating Jobs, Unfortunately, Doesn't Seem to be an Obama Priority
Obama's plan is Reaganomics redux. Give trillions of dollars to big corporations, he argues, and they'll use it to capitalize new ventures, hire workers, and unclog the credit markets. Eventually.
Why We Hate Banks
For years, banks and insurance companies have insulted, exploited and gouged their customers. Now they want us to bail them out?
Only One Solution: Eat the Rich
Three decades of income inequality have allowed a small group of corporations and individuals to aggregate our national wealth. The question now is when, and how, they'll be forced to share it with everyone else.
Stop the Bleeding: A Plan to Bail Out Scared Homeowners
Governments are bailout banks in exchange for equity stakes in their ownership. Why not offer the same deal to troubled homeowners -- let them stay in their homes in exchange for a piece of their deeds?
Save People, Not Bankers
Bailouts go to bankers. Why not help homeowners facing foreclosure instead?
As We Enter Year 8 of Recession, Will Anyone Act to Prevent a Depression?
Forget the experts. They think telling the grisly truth about the state of the U.S. economy could make things even worse -- and they're probably right. But Americans know the truth.
A Real Cure for High Gas and Food Prices
Other countries have low gas and food prices fixed by the government. Maybe they're on to something.
Party Like It's 1929
The "structural recession" was declared in 1992. It's here now.
