By Alan Woods | [print_link] Monday, 29 September 2008 Bankruptcy of bourgeois economics The economists persistently clung to the old illusion that a worldwide slump was impossible, that they had learned the lessons of the past (as a drunken man learns his lesson after every hangover). They argued that the financial crisis would be confined [...]
Friedrich Engels, Marx’s friend and loyal collaborator actually drew Marx’s attention toward economic questions. By Alan Woods | [print_link] Friday, 26 September 2008 Global crisis We live in exceptional times. The financial panic in the USA is creating waves that are threatening to engulf the whole world. This is rapidly transforming the consciousness of [...]
Sanders, Junior Senator for Vermont (I); de facto socialist September 30, 2008 | [print_link] Interview With Senator Bernie Sanders on The Bailout By Rob Kall | Chief Editor, OpedNews Thanks for the invaluable volunteer help of Jay Farrington in transcribing the interview. Kall: So, I’m so glad you could be with us speaking to the Philadelphia area. You’re [...]
Democratic leadership: selling us down the river, as usual. Doing something “right away” is actually far less risky than doing “the right thing.” Oppose the manipulation of fear by the establishment’s professional scaremongers. (I) Bailout Defeat Offers Opportunity by Meteor Blades Dateline: Mon Sep 29, 2008 | [print_link] Whether you supported the bailout gladly, supported it [...]
It’s doubtful this highly insulated criminal comprehends or cares about what his regime unleashed on the nation and the rest of the world. After all, he was just playing to “his base.” By Peter Dreier | Simulpost with The Huffington Post Dateline: 30 September 2008 | [print_link] Here’s the problem with the nation’s troubled financial [...]
Henry Paulson, former head of Goldman Sachs, and current Treasury Czar. With Three quarters of a billion dollars in compensation, anyone can be that affable. By Stephen Lendman | [print_link] The crime of the century. The greatest one ever. Author Danny Schechter calls it “Plunder.” The title of his important new book on the subprime [...]
By JEFF GIBBS | [print_link] “I’m disappointed and disgusted with my own Republican Party as I watch them attempt to strong-arm a bailout of some of America’s biggest corporations by asking taxpayers to suck up the staggering results of the hubris, greed, and arrogance of those who sought to make a quick buck by throwing [...]
The current Democratic leadership. As pathetic as it is treacherous. The Bailout Deal: The Rich Haven’t Won Yet Dateline: 29 September 2008 | [print_link] Act One of the great Wall Street bailout debate has now ended. The agreement that lawmakers and the White House announced Sunday essentially tried to buy time — by committing [...]
VOL 29 / Since 1982
ROWAN WOLF Editor
in Chief
__________________________
• PATRICE GREANVILLE Publisher
•
ED DUVIN
Editor-at-Large
• GAITHER STEWART
Senior Editor / European Correspondent (Rome)
• ANTHONY MARR Science
Ecoanimal Issues Editor
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Contributing Editor
ANWAAR HUSSAIN
Contributing Editor
TOM BURGHARDT
Contributing Editor
BINOY KAMPMARK
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Contributing Editor
PHIL ROCKSTROH
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WILLIAM BLUM
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• JOE BAGEANT
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