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On AlterNet: financial crisis

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

Obama Takes Charge -- Will He Bail Out America?

Obama Takes Charge -- Will He Bail Out America?

Joshua Holland, AlterNet. November 29, 2008.
While we deliberate major economic transformation, there are good ideas waiting on the shelf right now the new president can green light.

Radical Solutions for a Crazy Economy

Radical Solutions for a Crazy Economy

Nouriel Roubini, Forbes. November 28, 2008.
The fight against a deadly combination of stagnation/recession and deflation has to be unorthodox.

America Out of Work

America Out of Work

Marie Cocco, Washington Post Writers Group. November 27, 2008.
Unemployment is soaring and it may be March before we feel the first dollar of an Obama recovery plan.

Don't Worry, the Ultra-Rich Are Doing All Right

Don't Worry, the Ultra-Rich Are Doing All Right

Rob Larson, AlterNet. November 26, 2008.
The obscenely wealthy still have enough money to buy massive super-yachts and overpriced art.

All the Talk of a Depression Is ... Depressing

All the Talk of a Depression Is ... Depressing

Danny Schechter, AlterNet. November 26, 2008.
The Democrats have always sung "happy days are here again," but it doesn't seem to be the right song for these hard times.

Bailouts Dwarf Spending on Climate and Poverty Crises

Bailouts Dwarf Spending on Climate and Poverty Crises

Sarah Anderson, John Cavanagh, Foreign Policy in Focus. November 25, 2008.
Neglecting aid to the developing world, and fixating on the financial mess, will negatively affect Western nations.

Will the Financial Crisis Put an End to Reckless, Planet-Destroying Consumption?

Will the Financial Crisis Put an End to Reckless, Planet-Destroying Consumption?

Orion Kriegman, Richard Rosen, AlterNet. November 24, 2008.
The spiraling economy has forced the American consumer to halt and take stock. And that's a good thing.

The Dirty Secret of the Financial Crisis: Our Banking System's Broken

The Dirty Secret of the Financial Crisis: Our Banking System's Broken

William Greider, The Nation. November 22, 2008.
No more free money from Washington. No more masters of the universe. No more business as usual. Time for a banking holiday.

China Scrambles to Stave Off Economic Meltdown

China Scrambles to Stave Off Economic Meltdown

Antoaneta Bezlova, IPS News. November 21, 2008.
China’s wish for a world financial order less dominated by the United States and its dollar is giving way to a more urgent recession at home.

America in Free Fall

America in Free Fall

Robert L. Borosage, Campaign for America's Future. November 21, 2008.
Congress might adjourn without acting on the deepening economic crisis, leaving Obama to inherit the catastrophe.

Why We Shouldn't Bail Out GM

Why We Shouldn't Bail Out GM

Nicholas von Hoffman, The Nation. November 20, 2008.
The bailout should be used to expand unemployment compensation instead of propping up a single, failing corporation.

Keep it Simple: Stop the Foreclosure Crisis with the Right to Rent

Keep it Simple: Stop the Foreclosure Crisis with the Right to Rent

Dean Baker, TruthOut.org. November 19, 2008.
There are a lot of complicated plans being discussed, but sometimes the simplest solution to a problem is best.

It Is Going to Be a Wal-Mart Christmas

It Is Going to Be a Wal-Mart Christmas

Marie Cocco, Washington Post Writers Group. November 19, 2008.
Wal-Mart is the only store where hard-squeezed consumers can afford anything, and so it keeps posting big profits amid the retail bloodbath.

Congress Grills Hedge Fund Titans, Gently

Congress Grills Hedge Fund Titans, Gently

Sam Pizzigati, Too Much: A Commentary on Excess and Inequality. November 17, 2008.
Lawmakers still haven't recognized danger of concentrated wealth to the economy.

Our Economy May Be in a Death Spiral -- Will Washington Stop the Bleeding?

Our Economy May Be in a Death Spiral -- Will Washington Stop the Bleeding?

Joshua Holland, AlterNet. November 15, 2008.
The Bush-Paulson plan isn't doing anything to address the underlying problems threatening America's economic future.

Michael Moore Takes on the Economy

Michael Moore Takes on the Economy

Faiz Shakir, Think Progress AlterNet: PEEK. November 14, 2008.
Michael Moore's new documentary will tackle the financial crisis.

Wall Street's Bailout is a Trillion-Dollar Crime Scene -- Why Aren't the Dems Doing Something About It?

Wall Street's Bailout is a Trillion-Dollar Crime Scene -- Why Aren't the Dems Doing Something About It?

Naomi Klein, The Nation. November 14, 2008.
Washington's handling of the bailout is not merely incompetent. It may well be illegal.

Setting Sights at the Top is the Key to Governing from the Middle

Setting Sights at the Top is the Key to Governing from the Middle

Sam Pizzigati, Too Much: A Commentary on Excess and Inequality. November 13, 2008.
To govern effectively for the middle of America's economic ladder, Obama is going to have to take aim at the top.

Why Won't the Federal Reserve Say Who They Gave $2 Trillion To?

Why Won't the Federal Reserve Say Who They Gave $2 Trillion To?

Ian Welsh, Firedoglake AlterNet: PEEK. November 11, 2008.
The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans.

A Financial Meltdown 30 Years in the Making

A Financial Meltdown 30 Years in the Making

Mark Brenner, Labor Notes. November 10, 2008.
A crisis precipitated by the wealthy, and we're all getting stuck with the tab.

Can Obama Be FDR?

Can Obama Be FDR?

Robert Kuttner, Chelsea Green Publishing. November 7, 2008.
A new book shows how Obama needs to address the economic emergency, starting with practical help for families and individuals.

Obama Has a Mandate to Spread the Wealth

Obama Has a Mandate to Spread the Wealth

Norman Solomon, AlterNet. November 6, 2008.
Barack Obama won the presidency after clearly saying that he wants to spread the wealth. Let's make him do it.

Can Obama Stop the Bush Administration's Final Economic Heist?

Can Obama Stop the Bush Administration's Final Economic Heist?

Naomi Klein, NaomiKlein.com. November 6, 2008.
Terrible looting of public capital has a habit of taking place during periods of dramatic political transition, and Bush has one underway.

The Five Most Wanted Rip-off Artists from Wall Street and Washington

The Five Most Wanted Rip-off Artists from Wall Street and Washington

Jim Hightower, Hightower Lowdown. November 3, 2008.
Our economy didn't melt down, it was taken down the unbridled greed of economic elites, enabled by their political courtesans in Washington.

FDR vs. Reagan

FDR vs. Reagan

David Sirota, AlterNet. October 31, 2008.
The final stretch of the Presidential race has become an ideological proxy war between Ronald Reagan and Franklin Roosevelt.