Sunday, 26 April 2009

No Light In The Tunnel

A Housing Crash Update 

By Mike Whitney 

Why is the press misleading the public about housing? The housing market is crashing. There are no "green shoots" or "glimmers of hope"; the market is worn to a stump, it's kaput. Continue


Where's My Change?

By Ralph Nader

The corporate chieftains have easy access to the White House and the new President, whether these bosses come on missions demanding power or missions of beggary for bailouts. When will he meet with the leading heads of consumer protection groups with millions of dues-paying members who could give him the base to hold accountable and regulate the democracy-denying, economy-wrecking corporate supremacists? Continue


This Is A Must Listen 
The Financial Barbarians at the Gate

Guns & Butter Interviews financial economist and historian, Dr. Michael Hudson.


The history of banking and the criminalization of the banking system; tax policy; real estate asset inflation; US imperialism via the monetary system; - similarities with the Roman Republic; what measures labor should take. Continue

Of Tea Parties and Teleprompters

by David Michael Green

What we're seeing, is a political movement that is utterly bankrupt, literally and figuratively, and is desperately searching for any sort of remotely plausible line of attack, but only managing to make itself look absurd in the process, at least outside of Appalachia. Continue


What is the Difference Between Zionism and Racism?

Video 

BBC reporter for Newsnight, Jeremy Paxman grills the UK Ambassador. Continue


Past is Present in Latin America 

Video Report

At Summit Obama interested in looking forward, while many live the past every day. Continue



4 more banks fail, lifting this year's tally to 29: Regulators shut banks in Georgia, Michigan, Idaho, California; 29 so far tops 2008 total