On AlterNet: debt crisis

Stories, blog posts, and videos tagged as "debt crisis"

US of Austerity: What $570 Billion Cuts Will Do to Our Water, Air, the Jobless, Children, the Elderly, and the Poor

Andy Kroll, Mother Jones. August 2, 2011.

The debt ceiling deal simultaneously slashes programs crucial to our country's functioning and opens the door to more devastating- and mandatory - cuts.

Plutocracy: If Corporations and the Rich Paid 1960s-Level Taxes, the Debt Would Vanish

Sam Pizzigati, Campaign for America's Future. July 24, 2011.

By feeding the rich and their corporations one massive tax break after another, lawmakers have thrown a monstrous monkey wrench into our national finances.

Union Card or Master Card -- How a Nation of Workers Became a Nation of Debtors

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.

Obama vs. McCain: Progressive Voter Guide to the Economy

AlterNetOctober 9, 2008.

From the housing crisis to the minimum wage, a look at where the candidates stand on nine important economic issues.

The $700 Billion Bailout: One More Weapon of Mass Deception

Richard W. Behan, AlterNet. September 22, 2008.

The American economy needs help, but there are other, far more equitable ways to accomplish it.

The Villains of the Housing Crisis Are Denying All Responsibility

Dean Baker, TruthOut.org. August 27, 2008.

The housing crisis is a result of reckless deregulation by specific individuals.

Wall Street's Racket Has Gone Too Far, and We're Going to Pay the Heavy Price

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.

Hedge Fund Titans Are Treating Us Like Pawns in Their Economic Chess Games

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.

Case Studies: Fat-Cat CEOs' Short-Sightedness Fueled Mortgage Crisis

James Parks, Workday Minnesota. April 23, 2008.

But they're getting their pay-days nonetheless, while more and more families are getting the boot.

Are we Headed for the Next Great Depression?

Jeff Faux, The Nation. March 31, 2008.

A huge pyramid of debt was made possible by thirty years of relentless deregulation of financial markets.

These Loans Were Made for Walking: The End of the Subprime Crisis

Dean Baker, TruthOut.org. February 6, 2008.

The debt crisis is moving into high-end loans.

Bernanke and the Super Nanny-State

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."

The Subprime Color Line

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.

Corporate Think Tanks: Recession Ain't All That Bad!

Susan Wallace, AlterNet AlterNet: PEEK. January 21, 2008.

All those worries about economic hardship are just more liberal media myths.

Bad Mouthing De-regulation

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.

'Catastrophic Times' for Black America

Max Fraser, The Nation. January 15, 2008.

Shockingly little attention has been paid to the mortgage crisis on the campaign trail.

It's a Wonderful Life and Sub-Prime 2007

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.

Credit Crunch: China to the Rescue?

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.

Debt Crisis Spells Doom for "Free Market" Consensus

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.

Homeownership: The Fast Path to Poverty

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.

Women and the Subprime Crunch

Anita Hill, Boston Globe. October 23, 2007.

The sub-prime crisis threatens some of the gains women have made in home ownership.

Shock Therapy on Wall Street: What's Next?

Danny Schechter, AlterNet. September 26, 2007.

The debt crisis is more significant than most people think, and is causing panic in high places.

America's Addiction to Debt Finally Crashes the System

John F. Ince, AlterNet. September 18, 2007.

Market evangelists created the wreckage, but ordinary working people will bear the greatest burden.

Smashing Capitalism!

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.

Legalized Loan Sharking: The Sleeper Issue of 2008

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.