On AlterNet: crash

Stories, blog posts, and videos tagged as "crash"

Asleep at the Wheel: How Deregulation of the Bus Industry Could Get You Killed

Larry Hanley, Labor Notes. April 22, 2012.

Bus accidents kill about 50 and injure almost 1,000 other innocent passengers every year—and the biggest reason is driver fatigue.

Thomas Frank: How the Right Wing Hijacked Rage Over the Economic Collapse and Swindled America

Jefferson Morley, Salon. December 28, 2011.

Frank discusses one of the most important political developments of the Obama presidency: how the crash of 2008 served to strengthen the political right.

The Little-Known Story of How a Financial Crash that Began on Wall Street is Setting the Middle East on Fire

Danny Schechter, AlterNet. January 31, 2011.

Tens of thousands in the streets are being driven by an economic disaster that has sent unemployment skyrocketing and food prices climbing.

Was Last Week's Market Crash a Direct Attack By Financial Terrorists?

David DeGraw, Amped Status. May 10, 2010.

In a market where 70 percent of all trades are executed by computer algorithms via High Frequency Trading, Goldman Sachs has the power to make the market crash or rise at will.

Rolling Stone Expose Declares Goldman Sachs Behind Every Market Crash Since 1920s

Daniel Tencer, Raw Story. July 4, 2009.

Matt Taibbi explains how the company created market bubbles and then profited from the crash that followed.

Geithner and Summers Want More Debt Bubbles: The Result Could Be Catastrophic

Thom Hartmann, Smirking Chimp. April 16, 2009.

The Geithner/Summers plan seems to hinge on reinflating the debt bubble. The outcome will be inflation, a more serious crash, or both.

"Consumerism" Is Dead -- Can Obama Lead Us to a Downscaled Lifestyle?

James Howard Kunstler, Kunstler.com. February 26, 2009.

Dear Mr. President, your assignment is to handle our economic decline in such a way as to avoid wars, civil disorder or both.

The 'Bush Boom' is an Epic Bust

Hale Stewart, Huffington Post. April 9, 2008.

There's no spinning this economic disaster.