This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

Obama, McCain, Kissinger: American Realpolitiks

I love Zoe Strauss. Here is a post she just did about an exchange between Obama and McCain about Kissinger. The post then goes on to provide links and information about the controversial career of Kissinger..."war criminal". Go Zoe! "During the presidential debate Obama and...

Crash looms as McCain rejects bail

" All eyes will again be on the Treasury Secretary Henry Paulson for a statement to shore up market confidence at the opening today, but it is hard to know what he can say as his authority appears to have been undermined at the highest political level, and President Bush...

Bush, a Georgie come lately, as always

Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...