AltWeeklies Wire
The Economic Mess Obama's Inheriting Comes from Clinton, Not Bushnew
If truth be known, Bush inherited, as Obama will soon, deregulated financial, agricultural, trade and social policies. Put in place by Bill Clinton and Al Gore, these were the achievement of the 1990s -- a period that needs to be understood not, as greens once hoped, as the "turnaround decade," but as the "regression decade."
NOW Magazine |
Wayne Roberts |
11-24-2008 |
Economy
How Deregulation Led to the Current Bank Collapsenew
In 2000, Sen. Phil Gramm attached a rider to an appropriations bill to deregulate derivatives trading and other complicated financial instruments like collateral debt obligations. This was the effective nail in the coffin for the FDR-era Glass-Steagall Act, which was created to prevent a repeat of the crash of 1929.
Charleston City Paper |
D.A. Smith |
10-09-2008 |
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.