Tag Archives: Economy

No One Is Willing to Join the Brigade to Take Preventive Action

We’re a Nation of Lemmings: Screw The Climate! We Want Our Cheap Gas!By Dave Lindorff / July 25, 2008 Listening to the endless stream of cars passing my house every day, and knowing, from watching them from my mailbox, that … Continue reading

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Economic Realities Are Killing Our Era of Fantasy Politics

Sen. Bernie Sanders (with Barack Obama): “The middle class is disappearing.”Election season will be packed with horserace media distractions, but our economic situation is becoming a matter of life and death.By Matt Taibbi / July 23, 2008 I am a … Continue reading

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The Economy : A Throw of the Dice

Here are the odds…By Roger Baker / The Rag Blog / July 21, 2008 This article following these comments is a judgment by Mark Gongloff of the Wall Street Journal about “how bad” the US economy might get. This is … Continue reading

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Expanding on Our Humanness and Sacredness

You Say You Want a Revolution?by Olga Bonfiglio Detroit, the once-proud capital of industrialization is now the paragon of de-industrialization and urban decay. General Motors’ July 15 announcement that it will cut white-collar employment costs by 20 percent is just … Continue reading

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Texas Plans to Harness All the Hot Air

Texas Approves a $4.93 Billion Wind-Power Projectby Kate Galbraith AUSTIN – Texas regulators have approved a $4.93 billion wind-power transmission project, providing a major lift to the development of wind energy in the state. The planned web of transmission lines … Continue reading

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FILM : Michael Reynolds: "We Shoot from the Hip"

Refuse-nik: Michael Reynolds’ home in Taos, New Mexico, where he built a community of ‘earthships’ out of waste materialsEarthship Enterprise: The Ultimate Eco-Houseby Rob Sharp They are eco-friendly, bizarre-looking bolt holes, and have earned the name “earth ships” for the … Continue reading

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Economy : Nearing a Tipping Point

Those Greenspan bubbles a’bursting…By Roger Baker / The Rag Blog / July 16, 2008 It looks like the US economy has gotten itself into a ‘liquidity trap’; the blowback from Greenspan’s bubbles and banking deregulation. If we try to avoid … Continue reading

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Phil Gramm : Don’t Worry, Be Happy

But it’s actually Wall Street where they’re whining. Or, shall we say, panicking?By William Greider / July 14, 2008 Phil Gramm, the senator-banker who until recently advised John McCain’s campaign, did get it right about a “nation of whiners,” but … Continue reading

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Clear-Cut Logging: Not Such a Good Thing

The aerial photo of the bare slope and slide areas in the Stillman Creek drainage raised concerns at Weyerhaeuser, enough so that corporate officials did their own flyover, scouting landslides there and elsewhere in the Northwest. Photo: Steve Ringman, Seattle … Continue reading

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Jim Hightower : ‘Lifestyles of the Rich… and Cranky.’

Ferrari F430 Spider, just $3,500 a day. Dude.Democratizing luxuryBy Jim Hightower / July 11, 2006 Time to take another peek into the “Lifestyles of the Rich… and Cranky.” A problem for many rich people is that they’re merely rich – … Continue reading

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Drawn and Quartered

Michael Kountouris, GreeceThe Rag Blog / Posted July 10, 2008

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Can’t Fall On Your Fannie Mae

Flowers grow in front of the headquarters of Fannie Mae in Washington. Photo by Ken Cedeno / Bloomberg News. So lets see if I have things straight. The feds can’t just bail out Freddie and Fannie because that might cause … Continue reading

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