Frank Joyce, AlterNet. October 23, 2008. Debt it is an important shaper of political and economic consciousness. The more you are in debt, the less likely you are to rock the boat.
James Howard Kunstler, Kunstler.com. May 22, 2008. There's a great wish for American finance to return to business-as-usual happy days of high profits, but there's just too much debt to swallow.
Scott Thill, AlterNet. May 13, 2008. Hedge funds exploited the misfortunes of those caught beneath currency, housing and internet bubbles, and got paid by the boatload.
Dean Baker, TruthOut.org. January 29, 2008. If a government that protects ordinary people is a "nanny state," then one protecting the super-rich deserves the title of "super nanny state."
Too Much: A Commentary on Excess and InequalityJanuary 21, 2008. Dig deep into the subprime mortgage crisis and you'll find the basic story behind our new Gilded Age.
Ralph Nader, Nader.org. January 19, 2008. The assault on regulation over the past quarter century caused a mortgage collapse that is producing hundreds of thousands of foreclosures.
Vivian Norris de Montaigu, December 25, 2007. George Bailey's Savings and Mortgage Company was never bought out by by bloated oil producers for 50 cents on the dollar.
Jill Treanor, Comment Is Free. December 22, 2007. That the biggest names on Wall Street are staying afloat thanks to huge injections of cash from China reveals how hard the debt crisis has hit.
Seumas Milne, Comment Is Free. December 16, 2007. The credit squeeze is set to trigger the end of the boom that has shaped our times. Politics is going to change with it.
Dean Baker, TruthOut.org. November 12, 2007. Housing policy at all levels of government pushed people into homeownership even as it should have been evident that people were buying homes at bubble-inflated prices.
Barbara Ehrenreich, Huffington Post. August 22, 2007. We may be witnessing the first time in history that the downtrodden manage to bring down an unfair economic system without going to the trouble of a revolution.
Marney White, Commondreams. August 20, 2007. The presidential candidates could get the attention of even the most apathetic voters by talking seriously about the crushing interest rates that are burying more and more Americans.
Brent Budowsky, The Hill. August 20, 2007. The Bush ethic of "grab all you can" greed recalls the stench of a new Gilded Age that is morally disgraceful, economically unsustainable and politically deadly for Republicans if the Democrats speak clearly against this.