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A Very Scary Economy Today on Meet the Bloggers (1pm ET/10am PT)

Posted by Robert Greenwald, Meet the Bloggers at 7:00 AM on October 31, 2008.


Featuring economist Dean Baker and bloggers Isaiah Poole and Hale Stewart.

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Since it's Halloween, we couldn't think of anything scarier to discuss on Meet the Bloggers than "The Frightening Economy."  The blood-sucking greed of CEO vampires!  The terror of checking your 401k status!  The spooky specter of socialism!  The rotting remains of Republican economic philosophy!  The horrors of a Bush-McCain economy!

Trick or treat?  The American people have been tricked -- big time. First, by bewitching promises of no money down loans, zero percent interest, and housing prices that would supernaturally rise indefinitely; and now by CEOs and Wall Street warlocks who cried “Crisis!” and demanded a bailout, then retreated to their haunted mansions -- or luxury spas!

Today at 1pm ET/10 am PT, we’ll talk to economist Dean Baker, co-director of the Center for Economic and Policy Research, about just how terrifying this economy really is.  Joining Baker will be bloggers Hale Stewart (The Bonddad Blog) and Isaiah Poole (Campaign for America's Future), who will weigh in on what’s ahead for the economy and what the next administration can and should do to get us back on the right track.

So check out the articles below and join us for a live blog discussion on Meet the Bloggers today at 1pm ET/10 am PT to chat with our featured bloggers.  That is, if you're not too scared!

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Tagged as: democrats, republicans, economy, progressives, george bush, brave new foundation, 2008 election, robert greenwald, deregulation, new deal, financial crisis, meet the bloggers, isaiah poole, dean baker, hale stewart

Robert Greenwald is the director/producer of "Wal-Mart: The High Cost of Low Price" and "Outfoxed: Rupert Murdoch's War on Journalism."


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Until the courts inflict pain
Posted by: weathered on Oct 31, 2008 7:33 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
and attach personal, collateral and off-shore assets through both criminal and civil means, this will continue to infect a relationship that was once built on a understanding of trust.

But as long as the WSJ and the biz press continues to lie to themselves and to their dwindling readers - this phony circus will ride through town.

[« Reply to this comment] [Post a new comment »] [Rate this comment: 1 - 2 - 3 - 4 - 5]

Green Banks Thrive as Wall Street Collapses
Posted by: greendig on Nov 1, 2008 4:34 PM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
The economy really is scary. But fortunately there are a few banks that have stuck to careful lending practices focused on green technology and community development. One of the best is ShoreBank. They helped create the Grameen Bank with Muhammad Yunus and now they are offering an online savings account with the highest interest rate (3.5%) in the US, so you're money in addition to being safe is also contributing to building the green economy. You can read the details (and find out how the big banks are hiding behind greenwashing tactics on my blog post: Greendig.net

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