Tag Archives: Economy

Knee-Jerk Bailout Policy as Financial Cure-All? Here’s a Moderate Alternative.

Lower the hammer on knee-jerk policies.‘The following economic essay is an intelligent alternative to the current economic crisis response under Paulson and Bernanke.’By Roger Baker / The Rag Blog / October 13, 2008 Would the following moderate but sensible approach, … Continue reading

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Fairie Tale About the Economy : You Gotta Believe

‘Healing our sick economy is going to take the power of faith.’By Roger Baker / The Rag Blog / October 9, 2008 Interestingly enough, those who understand the mysteries of the US economy advise us that once we have faith … Continue reading

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Visualize Industrial Collapse Dept.

Propping up Capitalism…‘A hundred billion in federal guarantees here, a trillion there, it all adds up.’By Roger Baker / The Rag Blog / October 7, 2008 Don’t focus on the Dow too much. More important is probably how Bernanke is … Continue reading

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Only 39.2% Abroad View America Favourably

After 8 Years, Are You Better Off?By Ryan / September 30, 2008 Comparing what George W. Bush started with, and what he’s leaving us with. NATIONAL DEBT January 20, 2001$5.7 Trillion Today$9.2 Trillion BUDGET DEFICIT/SURPLUS January 20, 2001$431 Billion Surplus … Continue reading

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Post-Bailout : Why the Stock Market Still Plunged

Unemployment, tempera on paper by Ben Shahn, 1938. © Private Collection/Christie’s Images / The Bridgeman Art Library.It’s the economy, stupid….By Steve Russell / The Rag Blog / October 4, 2008 Why, I was asked off line, did the market dive … Continue reading

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Bernie Sanders: Alternatives to the Massive Bailout

Bailout Passes Senate; 9 Reasons That’s Bad News for YouBy Sen. Bernie Sanders / October 1, 2008. Forcing each American to fork over $2,200 at a time when median family income has declined by as much is no way to … Continue reading

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Food Production and Delivery : We May Have to Rethink the Model

‘We all know eating locally grown foods is best and during the normal harvest season we buy locally when we have the choice.’By Gerry Storm / The Rag Blog / October 1, 2008 Most models of present and future food … Continue reading

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Experts Weigh in on the Financial Services Crisis

Bailout BurnoutBy Lila Shapiro / September 29, 2008 Yesterday the house rejected Paulson’s $700 billion rescue plan 228-205. Today, Congress breaks for Rosh Hashanah. Between the finger pointing (It’s Nancy’s fault!!!!), and the mavericking, it’s hard to get a grasp … Continue reading

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Why Not "Give Aid Rather Than Harassment"?

Nickelsville residents George Williamson, left, John Clark and Aaron Colyer socialize in a tent next to a new no-trespassing sign that was staked into the ground several hours earlier by the Seattle Department of Transportation. Photo: Chris Joseph Taylor/Seattle TimesA … Continue reading

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The Sky Will Fall in on Them

Weathering the Coming CrisisBy Diane Stirling-Stevens / The Rag Blog / September 25, 2008 Before I share the articles, I’m listing what we are either doing or suggest could be done to further protest this unnecessary bail-out that serves only … Continue reading

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More on the Details of the Current Crisis

The Credit Crisis and the Real Story Behind the Collapse of AIGBy Shah Gilani / September 22nd, 2008 [In Part II of his three-story investigation of the credit crisis, Money Morning Contributing Editor Shah Gilani shows us how American International … Continue reading

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The Logical Conclusion to Deregulating the Markets

Has Deregulation Sired Fascism?By Paul Craig Roberts / September 24, 2008 Remember the good old days when the economic threat was mere recession? The Federal Reserve would encourage the economy with low interest rates until the economy overheated. Prices would … Continue reading

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