AltWeeklies Wire

The 'Ownership Society,' Circa 2008new

In 1969, the top tax rate was 69 percent, and we sent a man to the moon. Now it's under half of that, and bridges are collapsing at the same time the economy is, but we've spent eight solid years funneling money to the privileged classes and Wall Street Masters of the Universe.
Baltimore City Paper  |  Brian Morton  |  10-07-2008  |  Commentary

Politicians Rake it in While America Suffersnew

Demand for American-made cars and other manufactured goods may be declining in the U.S. Housing prices may be nose-diving. But we seem to have an insatiable urge to give money to American politicians, and we're willing to give more than ever. What exactly do we hope to get for all this money?
Weekly Alibi  |  Jim Scarantino  |  10-07-2008  |  Commentary

A Foreclosure Shell Game in Baltimorenew

Seven neighbors, 11 foreclosures, and more than a million dollars' profit in one neighborhood.
Baltimore City Paper  |  Edward Ericson Jr.  |  10-07-2008  |  Economy

If Wall Street Gets a Bailout, Will Infrastructure Get a Boost?new

There has never been a more stark contrast between two radically different prescriptions for economic recovery than the one that is playing out here in New York, in the state that is the home of the finance, insurance, and real estate economy -- which just blew up.
Artvoice  |  Bruce Fisher  |  10-06-2008  |  Economy

Chumps & Champs in the Financial Meltdownnew

No matter who is in the White House next year, the script has already been written. Bailout or fallout -- any outcome will cost us big. The money has to come from somewhere.
Artvoice  |  Michael I. Niman  |  10-06-2008  |  Economy

Investment Adviser: Bailout Plan Won't Helpnew

Vancouver-based Ian Gordon, a proponent of early 20th-century Russian economist Nikolai Kondratieff's wave theory of the cycles of capitalist systems, doesn't have much confidence that a bailout would make things much better.
The Georgia Straight  |  Carlito Pablo  |  10-03-2008  |  Economy

Thanks a Lot, Milton Friedmannew

The worst thing that can happen to an economist is for the politicians to come over to his side and actually implement his grand idea. This week, the men who did the task for Friedman in the United States, or at least some of them, had to sift through the rubble in a very public and self-conscious way and explain why it all turned out so badly.
Arkansas Times  |  Ernest Dumas  |  10-03-2008  |  Economy

Wall Street for Dummiesnew

The stock market sets the confidence level for the rest of the country. It rallies, we rally. It panics, we eat Ramen noodles. Now we discover our trusted financiers are just overly aggressive and obnoxious sales weasels.
Boston Phoenix  |  Kara Baskin  |  10-02-2008  |  Economy

McCain Heads for the Icebergsnew

Did the week that gave us the Wall Street meltdown witness a second collapse -- the self-destruction of the John McCain candidacy?
Boston Phoenix  |  Steven Stark  |  10-02-2008  |  Commentary

Video: Nader Blasts Obama at San Francisco Statenew

In full campaign mode, Nader was harsh on his political rivals and held little back including some choice name calling. He attacked Barack Obama and other Democrats as a "sniveling cowards," who are so afraid that they suffer from a fearful condition best described as "anal flutter."
SF Weekly  |  John Geluardi and Janine Kahn  |  10-02-2008  |  Politics

Is the Slow Food Movement Out of Reach for the Poor and Working Class?new

Social activists, like Brahm Amadi, director of People's Grocery in West Oakland, are questioning the Slow Food movement's relevance in a place as stratified and class-based as the Bay Area.
East Bay Express  |  Alastair Bland  |  10-01-2008  |  Food+Drink

Another American Institution Fails, and We Lose Faith in Ourselvesnew

Now that Wall Street has failed -- a victim of its own greed -- you can add it to the list of institutions in which we have lost our collective trust.
San Diego CityBeat  |  Editorial  |  10-01-2008  |  Commentary

Don't Let the Weasels in the Stock Market Doornew

I'm not really surprised when the managers of large corporations do something dishonest. But I'm surprised when they do dumb things against their own self-interest.
C-Ville Weekly  |  Al Crabb  |  10-01-2008  |  Economy

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

Tax Fact & Fiction: A Closer Look at the Candidates' Plansnew

It wouldn't be an election year without candidates promising tax cuts, right? But who gets them, how much they are, what's the likelihood they can ever be made and what they say about each candidates' priorities are the bigger questions.
Metro Times  |  Sandra Svoboda and Curt Guyette  |  09-30-2008  |  Politics

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